$83,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
22 Jan 2013 (2 years, 4 months remaining)
Months
(2 years, 4 months )
%

$30,896 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$92,100
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$83,800
Monthly Installment
$1,920.58 /month for 2 years, 4 months (28 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$25,140 (30% of Car Price)
1st Installment
$1,920.58
Total Upfront Payment
$27,085.58

Loan Details

Total Loan
$58,660 Information
Total Interest
$3,496 Information
Total Sum Paid
$62,156 at the end of 2 years, 4 months (28 months)

Other Car Financial Details

COE
$92,100 Information
ARF Paid
$30,896 Information
PARF Rebate
You get back $15,448 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$30,530 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'.
Nov 2020 -48,601 39,260 -9,340
Dec 2020 -46,912 38,493 -8,420
Jan 2021 -45,216 37,725 -7,491
Feb 2021 -43,510 36,958 -6,553
Mar 2021 -41,797 34,645 -7,151
Apr 2021 -40,074 33,878 -6,196
May 2021 -38,343 33,110 -5,233
Jun 2021 -36,603 32,343 -4,260
Jul 2021 -34,855 31,575 -3,280
Aug 2021 -33,098 30,808 -2,290
Sep 2021 -31,332 30,040 -1,292
Oct 2021 -29,558 29,273 -285
End Of Year 1 of Loan
Nov 2021 -27,775 28,505 730
Dec 2021 -25,984 27,738 1,754
Jan 2022 -24,184 26,970 2,786
Feb 2022 -22,375 26,203 3,828
Mar 2022 -20,558 23,891 3,332
Apr 2022 -18,732 23,123 4,391
May 2022 -16,898 22,356 5,458
Jun 2022 -15,055 21,588 6,533
Jul 2022 -13,203 20,821 7,618
Aug 2022 -11,343 20,053 8,710
Sep 2022 -9,474 19,286 9,812
Oct 2022 -7,596 18,518 10,922
End Of Year 2 of Loan
Nov 2022 -5,710 17,751 12,040
Dec 2022 -3,815 16,983 13,168
Jan 2023 -1,912 16,216 14,304
Feb 2023 0 15,448 15,448
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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