$64,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
26 Mar 2012 (2 years, 7 months remaining)
Months
(2 years, 7 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
$1,350.75 /month for 2 years, 7 months (31 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$19,440 (30% of Car Price)
1st Installment
$1,350.75
Total Upfront Payment
$20,815.75

Loan Details

Total Loan
$45,360 Information
Total Interest
$2,993 Information
Total Sum Paid
$48,353 at the end of 2 years, 7 months (31 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
$19,110 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'.
Sep 2019 -37,716 31,394 -6,323
Oct 2019 -36,547 30,954 -5,593
Nov 2019 -35,371 30,514 -4,857
Dec 2019 -34,189 30,073 -4,116
Jan 2020 -33,001 29,633 -3,368
Feb 2020 -31,807 29,193 -2,614
Mar 2020 -30,608 28,753 -1,854
Apr 2020 -29,402 26,797 -2,604
May 2020 -28,190 26,357 -1,833
Jun 2020 -26,972 25,917 -1,055
Jul 2020 -25,748 25,477 -271
Aug 2020 -24,518 25,037 519
End Of Year 1 of Loan
Sep 2020 -23,282 24,597 1,315
Oct 2020 -22,039 24,157 2,117
Nov 2020 -20,791 23,717 2,925
Dec 2020 -19,537 23,277 3,740
Jan 2021 -18,277 22,837 4,560
Feb 2021 -17,011 22,396 5,386
Mar 2021 -15,738 21,956 6,218
Apr 2021 -14,460 20,000 5,540
May 2021 -13,176 19,560 6,385
Jun 2021 -11,885 19,120 7,235
Jul 2021 -10,589 18,680 8,091
Aug 2021 -9,286 18,240 8,954
End Of Year 2 of Loan
Sep 2021 -7,978 17,800 9,822
Oct 2021 -6,663 17,360 10,697
Nov 2021 -5,343 16,920 11,577
Dec 2021 -4,016 16,480 12,464
Jan 2022 -2,683 16,040 13,356
Feb 2022 -1,345 15,600 14,255
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.

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