$22,900

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
6 Jun 2009 (1 years, 10 months remaining)
Months
(1 years, 10 months )
%

$28,040 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$9,180
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$22,900
Monthly Installment
$658.67 /month for 1 years, 10 months (22 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$6,870 (30% of Car Price)
1st Installment
$658.67
Total Upfront Payment
$7,553.67

Loan Details

Total Loan
$16,030 Information
Total Interest
$751 Information
Total Sum Paid
$16,781 at the end of 1 years, 10 months (22 months)

Other Car Financial Details

COE
$9,180 Information
ARF Paid
$28,040 Information
PARF Rebate
You get back $14,020 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
- Information
Loan Redemption Amount Paper/Deregistration Value
Month Year
Loan Redemption
Amount The amount to pay out to the bank upon the early settlement of loan. It is the oustanding minus the loan redemption.
Dereg Value Total value of PARF and COE Rebate, also known as 'Paper Value'.
Cash Position The cash balance of the car upon loan settlement and car degistration. If this value started to be greater than 0, it is commonly known as 'Break Even'.
May 2021 -13,147 17,029 3,882
Jun 2021 -12,550 16,952 4,402
Jul 2021 -11,951 16,876 4,925
Aug 2021 -11,349 16,799 5,450
Sep 2021 -10,743 16,723 5,979
Oct 2021 -10,135 16,646 6,511
Nov 2021 -9,524 16,570 7,046
Dec 2021 -8,910 16,493 7,583
Jan 2022 -8,293 16,417 8,124
Feb 2022 -7,673 16,340 8,667
Mar 2022 -7,050 14,862 7,812
Apr 2022 -6,423 14,785 8,362
End Of Year 1 of Loan
May 2022 -5,794 14,709 8,914
Jun 2022 -5,163 14,632 9,469
Jul 2022 -4,528 14,556 10,028
Aug 2022 -3,890 14,479 10,589
Sep 2022 -3,249 14,403 11,154
Oct 2022 -2,605 14,326 11,721
Nov 2022 -1,958 14,250 12,291
Dec 2022 -1,308 14,173 12,865
Jan 2023 -656 14,097 13,441
Feb 2023 0 14,020 14,020
Disclaimer: The Car Loan Calculator is used as a guide to help you to get a better sense of your financial commitments when buying a car. It does not warrant the accuracy, adequacy or completeness of the figures presented. Oneshift.com expressly disclaims liability for errors or omissions.

Browse by Car Make