Honda Accord 2.0 (New 5-yr COE)

$37,800

Print Ad

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

Car Price

Down Payment

of Car Price

Car Registration Date

17 Jul 2008 (2 years, 7 months remaining)

Loan Term

Months

(2 years, 7 months )

Interest Rate

OMV:

$18,598 Information

Based on this OMV and registration date, this car is eligible for minimum 30% down payment.

COE:

Car Category:

PARF Car For car registered between March 2008 to February 2013, the minimum PARF rebate is at 50% of OMV.

(min PARF 50% of OMV)

Results

Financial Commitment

Car Price: $37,800
Monthly Installment: $919.26 /month for 2 years, 7 months (31 months)

Upfront Payment

Transfer Fee: $25
Down Payment: $11,340 (30% of Car Price)
1st Installment: $919.26
Total Upfront Payment: $12,284.26

Loan Details

Total Loan: $26,460
Total Interest: $2,037
Total Sum Paid: $28,497 at the end of 2 years, 7 months (31 months)

Other Car Financial Details

COE: $0
ARF Paid: $18,598
PARF Rebate: You get back $9,299 at the end of 10th year (PARF Rebate)
Annual Depreciation: $7,560

				Loan Redemption Amount			Paper/Deregistration Value
No	Month	Year	Paid so far The amount paid so far, consisting of desposit and total installment paid.	Outstanding Loan Outstanding loan amount owing to bank/financing company.	Interest Rebate The amount of interest rebate as a result of early settlement of loan. This is based on the Rule of 78.	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.	PARF Rebate Based on tiered rate of the Aditional Registration Fee (ARF). The ARF is based on the OMV of the vehicle.	COE Rebate Based on pro-rated value of the Quota Premium paid.	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'.	Remarks
1.	Feb	2021	12,259	27,578	1,910	-25,668	12,275	0	12,275	-13,393
2.	Mar	2021	13,179	26,658	1,786	-24,872	12,275	0	12,275	-12,597
3.	Apr	2021	14,098	25,739	1,667	-24,072	12,275	0	12,275	-11,797
4.	May	2021	15,017	24,820	1,552	-23,268	12,275	0	12,275	-10,993
5.	Jun	2021	15,936	23,901	1,441	-22,459	12,275	0	12,275	-10,185
6.	Jul	2021	16,856	22,981	1,335	-21,647	12,275	0	12,275	-9,372
7.	Aug	2021	17,775	22,062	1,232	-20,830	12,275	0	12,275	-8,555
8.	Sep	2021	18,694	21,143	1,133	-20,009	11,252	0	11,252	-8,758
9.	Oct	2021	19,613	20,224	1,039	-19,185	11,252	0	11,252	-7,933
10.	Nov	2021	20,533	19,304	949	-18,356	11,252	0	11,252	-7,104
11.	Dec	2021	21,452	18,385	862	-17,523	11,252	0	11,252	-6,271
12.	Jan	2022	22,371	17,466	780	-16,686	11,252	0	11,252	-5,434
End Of Year 1 of Loan
13.	Feb	2022	23,290	16,547	702	-15,844	11,252	0	11,252	-4,593
14.	Mar	2022	24,210	15,627	628	-14,999	11,252	0	11,252	-3,747
15.	Apr	2022	25,129	14,708	559	-14,150	11,252	0	11,252	-2,898
16.	May	2022	26,048	13,789	493	-13,296	11,252	0	11,252	-2,044
17.	Jun	2022	26,967	12,870	431	-12,438	11,252	0	11,252	-1,187
18.	Jul	2022	27,887	11,950	374	-11,577	11,252	0	11,252	-325
19.	Aug	2022	28,806	11,031	320	-10,711	11,252	0	11,252	541	Break Even
20.	Sep	2022	29,725	10,112	271	-9,841	10,229	0	10,229	388
21.	Oct	2022	30,644	9,193	226	-8,967	10,229	0	10,229	1,262
22.	Nov	2022	31,564	8,273	185	-8,089	10,229	0	10,229	2,140
23.	Dec	2022	32,483	7,354	148	-7,206	10,229	0	10,229	3,023
24.	Jan	2023	33,402	6,435	115	-6,320	10,229	0	10,229	3,909
End Of Year 2 of Loan
25.	Feb	2023	34,321	5,516	86	-5,429	10,229	0	10,229	4,800
26.	Mar	2023	35,241	4,596	62	-4,535	10,229	0	10,229	5,694
27.	Apr	2023	36,160	3,677	41	-3,636	10,229	0	10,229	6,593
28.	May	2023	37,079	2,758	25	-2,733	10,229	0	10,229	7,496
29.	Jun	2023	37,998	1,839	12	-1,826	10,229	0	10,229	8,403
30.	Jul	2023	38,918	919	4	-915	10,229	0	10,229	9,314
31.	Aug	2023	39,837	0	0	0	10,229	0	10,229	10,229	Loan Fully Paid

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'.
Feb	2021	-25,668	12,275	-13,393
Mar	2021	-24,872	12,275	-12,597
Apr	2021	-24,072	12,275	-11,797
May	2021	-23,268	12,275	-10,993
Jun	2021	-22,459	12,275	-10,185
Jul	2021	-21,647	12,275	-9,372
Aug	2021	-20,830	12,275	-8,555
Sep	2021	-20,009	11,252	-8,758
Oct	2021	-19,185	11,252	-7,933
Nov	2021	-18,356	11,252	-7,104
Dec	2021	-17,523	11,252	-6,271
Jan	2022	-16,686	11,252	-5,434
End Of Year 1 of Loan
Feb	2022	-15,844	11,252	-4,593
Mar	2022	-14,999	11,252	-3,747
Apr	2022	-14,150	11,252	-2,898
May	2022	-13,296	11,252	-2,044
Jun	2022	-12,438	11,252	-1,187
Jul	2022	-11,577	11,252	-325
Aug	2022	-10,711	11,252	541
Sep	2022	-9,841	10,229	388
Oct	2022	-8,967	10,229	1,262
Nov	2022	-8,089	10,229	2,140
Dec	2022	-7,206	10,229	3,023
Jan	2023	-6,320	10,229	3,909
End Of Year 2 of Loan
Feb	2023	-5,429	10,229	4,800
Mar	2023	-4,535	10,229	5,694
Apr	2023	-3,636	10,229	6,593
May	2023	-2,733	10,229	7,496
Jun	2023	-1,826	10,229	8,403
Jul	2023	-915	10,229	9,314
Aug	2023	0	10,229	10,229

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

USED CARS FOR SALE IN SINGAPORE

Oneshift provides you with the best online shopping experience for buying used or second hand cars in Singapore. With a wide selection from all makes like Honda, Toyota, BMW, Mercedes-Benz, Mitsubishi and Nissan for used cars Singapore. You can easily shortlist the car of your choice to meet your needs and budget. We list used cars for sale from both dealers and direct sellers. Search from a list of PARF and COE cars, automatic or manual, by price range, colour, registration years and age. Used cars with low annual depreciation and off peak cars (OPC) are also a draw for the price conscious. Choose from a range of body types such as Sedan, SUV, MPV, Hatch, Coupe, Cabriolet and Wagon. If you are selling your own car, you can even post a Premium used car ad with us to reach out to a no. of potential car buyers.