$65,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
18 Oct 2011 (2 years remaining)
Months
(2 years)
%

$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
$1,743.04 /month for 2 years (24 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$19,740 (30% of Car Price)
1st Installment
$1,743.04
Total Upfront Payment
$21,508.04

Loan Details

Total Loan
$46,060 Information
Total Interest
$2,353 Information
Total Sum Paid
$48,413 at the end of 2 years (24 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
$22,139 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 -37,925 37,997 71
Dec 2019 -36,363 37,376 1,013
Jan 2020 -34,792 36,755 1,963
Feb 2020 -33,214 36,134 2,921
Mar 2020 -31,628 35,514 3,886
Apr 2020 -30,034 34,893 4,859
May 2020 -28,432 34,272 5,840
Jun 2020 -26,822 33,651 6,829
Jul 2020 -25,204 33,031 7,826
Aug 2020 -23,579 32,410 8,831
Sep 2020 -21,946 31,789 9,843
Oct 2020 -20,305 31,168 10,864
End Of Year 1 of Loan
Nov 2020 -18,656 28,391 9,735
Dec 2020 -16,999 27,771 10,771
Jan 2021 -15,334 27,150 11,815
Feb 2021 -13,662 26,529 12,867
Mar 2021 -11,982 25,908 13,927
Apr 2021 -10,294 25,288 14,994
May 2021 -8,598 24,667 16,069
Jun 2021 -6,894 24,046 17,152
Jul 2021 -5,182 23,425 18,243
Aug 2021 -3,463 22,805 19,342
Sep 2021 -1,735 22,184 20,449
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.

Browse by Car Make