$738,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
12 Apr 2013 (2 years, 3 months remaining)
Months
(2 years, 3 months )
%

$348,905 Information
Based on this OMV and registration date, this car is eligible for minimum 40% down payment.
$96,101
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$738,000
Monthly Installment
$17,499.62 /month for 2 years, 3 months (27 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$295,200 (40% of Car Price)
1st Installment
$17,499.62
Total Upfront Payment
$312,724.62

Loan Details

Total Loan
$442,800 Information
Total Interest
$29,690 Information
Total Sum Paid
$472,490 at the end of 2 years, 3 months (27 months)

Other Car Financial Details

COE
$96,101 Information
ARF Paid
$600,029 Information
PARF Rebate
You get back $300,015 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$196,554 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 -427,421 230,165 -197,256
Mar 2021 -411,964 229,364 -182,600
Apr 2021 -396,428 228,563 -167,864
May 2021 -380,813 210,317 -170,496
Jun 2021 -365,120 209,516 -155,604
Jul 2021 -349,348 208,715 -140,633
Aug 2021 -333,498 207,915 -125,584
Sep 2021 -317,569 207,114 -110,456
Oct 2021 -301,562 206,313 -95,249
Nov 2021 -285,476 205,512 -79,964
Dec 2021 -269,312 204,711 -64,601
Jan 2022 -253,069 203,910 -49,159
End Of Year 1 of Loan
Feb 2022 -236,748 203,110 -33,638
Mar 2022 -220,348 202,309 -18,039
Apr 2022 -203,869 201,508 -2,361
May 2022 -187,312 183,262 -4,050
Jun 2022 -170,676 182,461 11,785
Jul 2022 -153,962 181,660 27,698
Aug 2022 -137,169 180,859 43,690
Sep 2022 -120,298 180,058 59,760
Oct 2022 -103,348 179,258 75,909
Nov 2022 -86,320 178,457 92,137
Dec 2022 -69,213 177,656 108,443
Jan 2023 -52,028 176,855 124,827
End Of Year 2 of Loan
Feb 2023 -34,764 176,054 141,291
Mar 2023 -17,421 175,253 157,832
Apr 2023 0 174,453 174,453
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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