$35,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
27 May 2008 (2 years, 5 months remaining)
Months
(2 years, 5 months )
%

$17,604 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
-
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$35,800
Monthly Installment
$926.37 /month for 2 years, 5 months (29 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$10,740 (30% of Car Price)
1st Installment
$926.37
Total Upfront Payment
$11,691.37

Loan Details

Total Loan
$25,060 Information
Total Interest
$1,805 Information
Total Sum Paid
$26,865 at the end of 2 years, 5 months (29 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$17,604 Information
PARF Rebate
You get back $8,802 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$7,160 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'.
Oct 2020 -24,254 11,619 -12,635
Nov 2020 -23,444 11,619 -11,825
Dec 2020 -22,629 11,619 -11,011
Jan 2021 -21,811 11,619 -10,192
Feb 2021 -20,988 11,619 -9,370
Mar 2021 -20,161 10,650 -9,511
Apr 2021 -19,330 10,650 -8,680
May 2021 -18,495 10,650 -7,845
Jun 2021 -17,656 10,650 -7,006
Jul 2021 -16,813 10,650 -6,162
Aug 2021 -15,965 10,650 -5,315
Sep 2021 -15,114 10,650 -4,463
End Of Year 1 of Loan
Oct 2021 -14,258 10,650 -3,607
Nov 2021 -13,398 10,650 -2,747
Dec 2021 -12,534 10,650 -1,883
Jan 2022 -11,665 10,650 -1,015
Feb 2022 -10,793 10,650 -142
Mar 2022 -9,916 9,682 -234
Apr 2022 -9,036 9,682 647
May 2022 -8,151 9,682 1,532
Jun 2022 -7,262 9,682 2,421
Jul 2022 -6,368 9,682 3,314
Aug 2022 -5,471 9,682 4,211
Sep 2022 -4,570 9,682 5,113
End Of Year 2 of Loan
Oct 2022 -3,664 9,682 6,018
Nov 2022 -2,754 9,682 6,928
Dec 2022 -1,840 9,682 7,842
Jan 2023 -922 9,682 8,760
Feb 2023 0 9,682 9,682
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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