$23,300

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
29 May 2009 (1 years, 9 months remaining)
Months
(1 years, 9 months )
%

$29,982 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$9,180
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$23,300
Monthly Installment
$700.43 /month for 1 years, 9 months (21 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$6,990 (30% of Car Price)
1st Installment
$700.43
Total Upfront Payment
$7,715.43

Loan Details

Total Loan
$16,310 Information
Total Interest
$729 Information
Total Sum Paid
$17,039 at the end of 1 years, 9 months (21 months)

Other Car Financial Details

COE
$9,180 Information
ARF Paid
$29,982 Information
PARF Rebate
You get back $14,991 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 -13,346 18,020 4,674
Mar 2021 -12,709 17,944 5,235
Apr 2021 -12,068 17,867 5,799
May 2021 -11,424 17,791 6,366
Jun 2021 -10,778 17,714 6,936
Jul 2021 -10,128 17,638 7,510
Aug 2021 -9,475 17,561 8,086
Sep 2021 -8,818 17,485 8,666
Oct 2021 -8,159 17,408 9,249
Nov 2021 -7,496 15,833 8,336
Dec 2021 -6,831 15,756 8,925
Jan 2022 -6,162 15,680 9,518
End Of Year 1 of Loan
Feb 2022 -5,490 15,603 10,113
Mar 2022 -4,815 15,527 10,712
Apr 2022 -4,136 15,450 11,314
May 2022 -3,455 15,374 11,919
Jun 2022 -2,770 15,297 12,527
Jul 2022 -2,082 15,221 13,138
Aug 2022 -1,391 15,144 13,753
Sep 2022 -697 15,068 14,370
Oct 2022 0 14,991 14,991
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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