$98,833

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
6 Jan 2009 (0 years, 9 months remaining)
Months
(0 years, 9 months )
%

$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
$6,736.13 /month for 0 years, 9 months (9 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$29,650 (30% of Car Price)
1st Installment
$6,736.13
Total Upfront Payment
$36,411.03

Loan Details

Total Loan
$69,183 Information
Total Interest
$1,325 Information
Total Sum Paid
$70,508 at the end of 0 years, 9 months (9 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'.
Nov 2019 -52,829 17,375 -35,454
Dec 2019 -46,328 17,375 -28,954
Jan 2020 -39,798 17,375 -22,424
Feb 2020 -33,239 17,375 -15,864
Mar 2020 -26,650 17,375 -9,275
Apr 2020 -20,032 17,375 -2,657
May 2020 -13,384 17,375 3,991
Jun 2020 -6,707 17,375 10,668
Jul 2020 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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