$54,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
28 Sep 2012 (1 years, 8 months remaining)
Months
(1 years, 8 months )
%

$27,873 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$68,000
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$54,800
Monthly Installment
$1,725.65 /month for 1 years, 8 months (20 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$16,440 (30% of Car Price)
1st Installment
$1,725.65
Total Upfront Payment
$18,190.65

Loan Details

Total Loan
$38,360 Information
Total Interest
$1,633 Information
Total Sum Paid
$39,993 at the end of 1 years, 8 months (20 months)

Other Car Financial Details

COE
$68,000 Information
ARF Paid
$27,873 Information
PARF Rebate
You get back $13,937 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$24,385 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 -31,310 26,097 -5,213
Mar 2021 -29,732 25,530 -4,202
Apr 2021 -28,146 24,963 -3,183
May 2021 -26,553 24,397 -2,156
Jun 2021 -24,952 23,830 -1,121
Jul 2021 -23,343 23,263 -79
Aug 2021 -21,726 22,697 971
Sep 2021 -20,101 22,130 2,029
Oct 2021 -18,469 20,170 1,701
Nov 2021 -16,829 19,603 2,774
Dec 2021 -15,181 19,037 3,856
Jan 2022 -13,525 18,470 4,945
End Of Year 1 of Loan
Feb 2022 -11,862 17,903 6,041
Mar 2022 -10,191 17,337 7,146
Apr 2022 -8,512 16,770 8,258
May 2022 -6,825 16,203 9,378
Jun 2022 -5,130 15,637 10,506
Jul 2022 -3,428 15,070 11,642
Aug 2022 -1,718 14,503 12,785
Sep 2022 0 13,937 13,937
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.

Browse by Car Make