$47,300

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
30 Mar 2012 (2 years, 5 months remaining)
Months
(2 years, 5 months )
%

$25,088 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$50,001
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$47,300
Monthly Installment
$1,049.10 /month for 2 years, 5 months (29 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$14,190 (30% of Car Price)
1st Installment
$1,049.10
Total Upfront Payment
$15,264.10

Loan Details

Total Loan
$33,110 Information
Total Interest
$2,044 Information
Total Sum Paid
$35,154 at the end of 2 years, 5 months (29 months)

Other Car Financial Details

COE
$50,001 Information
ARF Paid
$25,088 Information
PARF Rebate
You get back $12,544 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$14,141 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'.
Nov 2019 -27,467 26,720 -747
Dec 2019 -26,550 26,303 -247
Jan 2020 -25,627 25,886 259
Feb 2020 -24,700 25,470 769
Mar 2020 -23,769 25,053 1,284
Apr 2020 -22,832 23,382 549
May 2020 -21,891 22,965 1,074
Jun 2020 -20,946 22,549 1,603
Jul 2020 -19,995 22,132 2,137
Aug 2020 -19,040 21,715 2,675
Sep 2020 -18,080 21,299 3,218
Oct 2020 -17,116 20,882 3,766
End Of Year 1 of Loan
Nov 2020 -16,147 20,465 4,319
Dec 2020 -15,173 20,049 4,876
Jan 2021 -14,194 19,632 5,438
Feb 2021 -13,211 19,215 6,004
Mar 2021 -12,223 18,799 6,576
Apr 2021 -11,230 17,127 5,897
May 2021 -10,233 16,711 6,478
Jun 2021 -9,230 16,294 7,064
Jul 2021 -8,224 15,877 7,654
Aug 2021 -7,212 15,461 8,249
Sep 2021 -6,196 15,044 8,848
Oct 2021 -5,175 14,627 9,452
End Of Year 2 of Loan
Nov 2021 -4,149 14,211 10,061
Dec 2021 -3,119 13,794 10,675
Jan 2022 -2,084 13,377 11,293
Feb 2022 -1,044 12,961 11,916
Mar 2022 0 12,544 12,544
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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