$37,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
17 Jul 2008 (2 years, 7 months remaining)
Months
(2 years, 7 months )
%

$18,598 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
-
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

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

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

Other Car Financial Details

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

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