$48,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
6 Jul 2009 (1 years remaining)
Months
(1 years)
%

$59,495 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$15,100
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$48,000
Monthly Installment
$2,471.52 /month for 1 years (12 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$14,400 (30% of Car Price)
1st Installment
$2,471.52
Total Upfront Payment
$16,896.52

Loan Details

Total Loan
$33,600 Information
Total Interest
$858 Information
Total Sum Paid
$34,458 at the end of 1 years (12 months)

Other Car Financial Details

COE
$15,100 Information
ARF Paid
$59,495 Information
PARF Rebate
You get back $29,748 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'.
Jul 2020 -26,461 31,132 4,671
Aug 2020 -24,110 31,006 6,896
Sep 2020 -21,749 30,880 9,131
Oct 2020 -19,376 30,754 11,378
Nov 2020 -16,993 30,628 13,636
Dec 2020 -14,598 30,503 15,904
Jan 2021 -12,193 30,377 18,184
Feb 2021 -9,776 30,251 20,475
Mar 2021 -7,349 30,125 22,776
Apr 2021 -4,910 29,999 25,089
May 2021 -2,461 29,873 27,413
Jun 2021 0 29,748 29,748
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