$65,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
18 Oct 2011 (0 years, 8 months remaining)
Months
(0 years, 8 months )
%

$43,126 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$74,490
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$65,800
Monthly Installment
$5,033.04 /month for 0 years, 8 months (8 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$19,740 (30% of Car Price)
1st Installment
$5,033.04
Total Upfront Payment
$24,798.04

Loan Details

Total Loan
$46,060 Information
Total Interest
$784 Information
Total Sum Paid
$46,844 at the end of 0 years, 8 months (8 months)

Other Car Financial Details

COE
$74,490 Information
ARF Paid
$43,126 Information
PARF Rebate
You get back $21,563 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'.
Mar 2021 -34,621 25,908 -8,713
Apr 2021 -29,741 25,288 -4,453
May 2021 -24,838 24,667 -172
Jun 2021 -19,914 24,046 4,132
Jul 2021 -14,968 23,425 8,457
Aug 2021 -10,001 22,805 12,804
Sep 2021 -5,011 22,184 17,172
Oct 2021 0 21,563 21,563
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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