$159,900

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
18 Jun 2010 (0 years, 9 months remaining)
Months
(0 years, 9 months )
%

$105,723 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$40,002
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$159,900
Monthly Installment
$10,898.25 /month for 0 years, 9 months (9 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$47,970 (30% of Car Price)
1st Installment
$10,898.25
Total Upfront Payment
$58,893.25

Loan Details

Total Loan
$111,930 Information
Total Interest
$2,144 Information
Total Sum Paid
$114,074 at the end of 0 years, 9 months (9 months)

Other Car Financial Details

COE
$40,002 Information
ARF Paid
$105,723 Information
PARF Rebate
You get back $52,862 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'.
Apr 2021 -85,471 55,528 -29,942
May 2021 -74,954 55,195 -19,759
Jun 2021 -64,389 54,862 -9,527
Jul 2021 -53,777 54,528 752
Aug 2021 -43,117 54,195 11,078
Sep 2021 -32,409 53,862 21,453
Oct 2021 -21,654 53,528 31,875
Nov 2021 -10,851 53,195 42,344
Dec 2021 0 52,862 52,862
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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