$56,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
30 May 2012 (1 years, 4 months remaining)
Months
(1 years, 4 months )
%

$32,786 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$58,001
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$56,800
Monthly Installment
$2,214.63 /month for 1 years, 4 months (16 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$17,040 (30% of Car Price)
1st Installment
$2,214.63
Total Upfront Payment
$19,279.63

Loan Details

Total Loan
$39,760 Information
Total Interest
$1,354 Information
Total Sum Paid
$41,114 at the end of 1 years, 4 months (16 months)

Other Car Financial Details

COE
$58,001 Information
ARF Paid
$32,786 Information
PARF Rebate
You get back $16,393 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$30,162 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'.
Feb 2021 -32,025 25,282 -6,742
Mar 2021 -29,959 24,799 -5,160
Apr 2021 -27,884 24,316 -3,568
May 2021 -25,799 23,832 -1,967
Jun 2021 -23,704 21,710 -1,994
Jul 2021 -21,599 21,226 -372
Aug 2021 -19,484 20,743 1,259
Sep 2021 -17,359 20,260 2,901
Oct 2021 -15,224 19,776 4,553
Nov 2021 -13,079 19,293 6,214
Dec 2021 -10,924 18,810 7,886
Jan 2022 -8,759 18,326 9,567
End Of Year 1 of Loan
Feb 2022 -6,584 17,843 11,259
Mar 2022 -4,399 17,360 12,960
Apr 2022 -2,205 16,876 14,672
May 2022 0 16,393 16,393
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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