$64,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
26 Mar 2012 (2 years, 5 months remaining)
Months
(2 years, 5 months )
%

$30,319 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$52,809
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$64,800
Monthly Installment
$1,437.24 /month for 2 years, 5 months (29 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$19,440 (30% of Car Price)
1st Installment
$1,437.24
Total Upfront Payment
$20,902.24

Loan Details

Total Loan
$45,360 Information
Total Interest
$2,800 Information
Total Sum Paid
$48,160 at the end of 2 years, 5 months (29 months)

Other Car Financial Details

COE
$52,809 Information
ARF Paid
$30,319 Information
PARF Rebate
You get back $15,160 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$20,343 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 -37,629 30,514 -7,116
Dec 2019 -36,372 30,073 -6,299
Jan 2020 -35,109 29,633 -5,476
Feb 2020 -33,839 29,193 -4,646
Mar 2020 -32,563 28,753 -3,810
Apr 2020 -31,280 26,797 -4,483
May 2020 -29,991 26,357 -3,634
Jun 2020 -28,695 25,917 -2,778
Jul 2020 -27,393 25,477 -1,916
Aug 2020 -26,085 25,037 -1,048
Sep 2020 -24,770 24,597 -173
Oct 2020 -23,448 24,157 708
End Of Year 1 of Loan
Nov 2020 -22,120 23,717 1,596
Dec 2020 -20,786 23,277 2,490
Jan 2021 -19,446 22,837 3,391
Feb 2021 -18,098 22,396 4,298
Mar 2021 -16,745 21,956 5,212
Apr 2021 -15,385 20,000 4,615
May 2021 -14,018 19,560 5,542
Jun 2021 -12,646 19,120 6,475
Jul 2021 -11,266 18,680 7,414
Aug 2021 -9,880 18,240 8,360
Sep 2021 -8,488 17,800 9,312
Oct 2021 -7,090 17,360 10,270
End Of Year 2 of Loan
Nov 2021 -5,685 16,920 11,235
Dec 2021 -4,273 16,480 12,207
Jan 2022 -2,855 16,040 13,184
Feb 2022 -1,431 15,600 14,169
Mar 2022 0 15,160 15,160
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