$520,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
22 Jun 2017 (6 years, 7 months remaining)
Months
(6 years, 7 months )
%

$130,912 Information
Based on this OMV and registration date, this car is eligible for minimum 40% down payment.
$50,526
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$520,000
Monthly Installment
$4,724.17 /month for 6 years, 7 months (79 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$208,000 (40% of Car Price)
1st Installment
$4,724.17
Total Upfront Payment
$212,749.17

Loan Details

Total Loan
$312,000 Information
Total Interest
$61,209 Information
Total Sum Paid
$373,209 at the end of 6 years, 7 months (79 months)

Other Car Financial Details

COE
$50,526 Information
ARF Paid
$207,642 Information
PARF Rebate
You get back $103,821 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$63,580 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'.
Jan 2022 -308,806 131,026 -177,780
Feb 2022 -305,593 130,605 -174,988
Mar 2022 -302,360 130,184 -172,176
Apr 2022 -299,108 129,763 -169,345
May 2022 -295,837 129,342 -166,495
Jun 2022 -292,546 128,921 -163,625
Jul 2022 -289,236 128,500 -160,736
Aug 2022 -285,906 128,079 -157,828
Sep 2022 -282,557 127,658 -154,900
Oct 2022 -279,189 127,236 -151,953
Nov 2022 -275,801 126,815 -148,986
Dec 2022 -272,394 126,394 -146,000
End Of Year 1 of Loan
Jan 2023 -268,968 125,973 -142,995
Feb 2023 -265,522 125,552 -139,970
Mar 2023 -262,057 125,131 -136,926
Apr 2023 -258,573 124,710 -133,862
May 2023 -255,069 124,289 -130,780
Jun 2023 -251,546 123,868 -127,677
Jul 2023 -248,003 123,447 -124,556
Aug 2023 -244,441 116,480 -127,961
Sep 2023 -240,860 116,059 -124,800
Oct 2023 -237,259 115,638 -121,621
Nov 2023 -233,639 115,217 -118,422
Dec 2023 -229,999 114,796 -115,203
End Of Year 2 of Loan
Jan 2024 -226,341 114,375 -111,965
Feb 2024 -222,662 113,954 -108,708
Mar 2024 -218,965 113,533 -105,432
Apr 2024 -215,248 113,112 -102,136
May 2024 -211,512 112,691 -98,821
Jun 2024 -207,756 112,270 -95,486
Jul 2024 -203,981 111,849 -92,132
Aug 2024 -200,186 104,882 -95,304
Sep 2024 -196,373 104,461 -91,912
Oct 2024 -192,540 104,040 -88,500
Nov 2024 -188,687 103,619 -85,068
Dec 2024 -184,815 103,198 -81,617
End Of Year 3 of Loan
Jan 2025 -180,924 102,777 -78,147
Feb 2025 -177,013 102,356 -74,657
Mar 2025 -173,083 101,935 -71,148
Apr 2025 -169,134 101,514 -67,620
May 2025 -165,165 101,093 -64,072
Jun 2025 -161,177 100,672 -60,505
Jul 2025 -157,170 100,251 -56,919
Aug 2025 -153,143 93,284 -59,859
Sep 2025 -149,097 92,863 -56,234
Oct 2025 -145,031 92,442 -52,589
Nov 2025 -140,946 92,021 -48,925
Dec 2025 -136,842 91,600 -45,242
End Of Year 4 of Loan
Jan 2026 -132,718 91,179 -41,539
Feb 2026 -128,575 90,758 -37,817
Mar 2026 -124,412 90,337 -34,076
Apr 2026 -120,231 89,916 -30,315
May 2026 -116,029 89,495 -26,535
Jun 2026 -111,809 89,073 -22,735
Jul 2026 -107,569 88,652 -18,917
Aug 2026 -103,310 81,686 -21,624
Sep 2026 -99,031 81,265 -17,766
Oct 2026 -94,733 80,844 -13,889
Nov 2026 -90,416 80,423 -9,993
Dec 2026 -86,079 80,002 -6,077
End Of Year 5 of Loan
Jan 2027 -81,723 79,581 -2,142
Feb 2027 -77,347 79,159 1,812
Mar 2027 -72,952 78,738 5,786
Apr 2027 -68,538 78,317 9,779
May 2027 -64,104 77,896 13,792
Jun 2027 -59,652 77,475 17,824
Jul 2027 -55,179 77,054 21,875
Aug 2027 -50,687 70,088 19,400
Sep 2027 -46,176 69,667 23,490
Oct 2027 -41,646 69,245 27,600
Nov 2027 -37,096 68,824 31,728
Dec 2027 -32,527 68,403 35,877
End Of Year 6 of Loan
Jan 2028 -27,938 67,982 40,044
Feb 2028 -23,330 67,561 44,231
Mar 2028 -18,703 67,140 48,437
Apr 2028 -14,056 66,719 52,663
May 2028 -9,390 66,298 56,908
Jun 2028 -4,705 65,877 61,172
Jul 2028 0 65,456 65,456
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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