$98,833

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
6 Jan 2009 (2 years remaining)
Months
(2 years)
%

$34,749 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
$98,833
Monthly Installment
$2,618.09 /month for 2 years (24 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$29,650 (30% of Car Price)
1st Installment
$2,618.09
Total Upfront Payment
$32,292.99

Loan Details

Total Loan
$69,183 Information
Total Interest
$3,534 Information
Total Sum Paid
$72,717 at the end of 2 years (24 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$34,749 Information
PARF Rebate
You get back $17,375 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$9,883 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 -56,964 19,112 -37,853
Mar 2021 -54,617 19,112 -35,505
Apr 2021 -52,258 19,112 -33,146
May 2021 -49,888 19,112 -30,776
Jun 2021 -47,505 19,112 -28,393
Jul 2021 -45,111 19,112 -25,999
Aug 2021 -42,705 19,112 -23,593
Sep 2021 -40,287 19,112 -21,175
Oct 2021 -37,858 19,112 -18,746
Nov 2021 -35,416 19,112 -16,304
Dec 2021 -32,963 19,112 -13,851
Jan 2022 -30,498 19,112 -11,386
End Of Year 1 of Loan
Feb 2022 -28,021 17,375 -10,647
Mar 2022 -25,533 17,375 -8,158
Apr 2022 -23,033 17,375 -5,658
May 2022 -20,521 17,375 -3,146
Jun 2022 -17,997 17,375 -622
Jul 2022 -15,461 17,375 1,913
Aug 2022 -12,914 17,375 4,461
Sep 2022 -10,355 17,375 7,020
Oct 2022 -7,784 17,375 9,591
Nov 2022 -5,201 17,375 12,174
Dec 2022 -2,606 17,375 14,768
Jan 2023 0 17,375 17,375
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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