$26,888

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
1 Jul 2009 (1 years, 7 months remaining)
Months
(1 years, 7 months )
%

$33,961 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$14,840
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$26,888
Monthly Installment
$889.16 /month for 1 years, 7 months (19 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$8,066 (30% of Car Price)
1st Installment
$889.16
Total Upfront Payment
$8,980.56

Loan Details

Total Loan
$18,822 Information
Total Interest
$761 Information
Total Sum Paid
$19,583 at the end of 1 years, 7 months (19 months)

Other Car Financial Details

COE
$14,840 Information
ARF Paid
$33,961 Information
PARF Rebate
You get back $16,981 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'.
Feb 2021 -15,320 20,905 5,585
Mar 2021 -14,503 20,781 6,278
Apr 2021 -13,682 20,657 6,976
May 2021 -12,857 20,534 7,677
Jun 2021 -12,028 20,410 8,382
Jul 2021 -11,194 20,286 9,092
Aug 2021 -10,357 20,163 9,805
Sep 2021 -9,516 18,341 8,825
Oct 2021 -8,671 18,217 9,546
Nov 2021 -7,822 18,094 10,271
Dec 2021 -6,969 17,970 11,001
Jan 2022 -6,112 17,846 11,734
End Of Year 1 of Loan
Feb 2022 -5,251 17,723 12,472
Mar 2022 -4,386 17,599 13,213
Apr 2022 -3,517 17,475 13,959
May 2022 -2,643 17,352 14,708
Jun 2022 -1,766 17,228 15,462
Jul 2022 -885 17,104 16,219
Aug 2022 0 16,981 16,981
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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