$15,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
5 Jul 2005 (0 years, 8 months remaining)
Months
(0 years, 8 months )
%

$19,563
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$26,709
Commercial  

Results

Financial Commitment

Car Price
$15,000
Monthly Installment
$1,338.58 /month for 0 years, 8 months (8 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$4,500 (30% of Car Price)
1st Installment
$1,338.58
Total Upfront Payment
$5,863.58

Loan Details

Total Loan
$10,500 Information
Total Interest
$209 Information
Total Sum Paid
$10,709 at the end of 0 years, 8 months (8 months)

Other Car Financial Details

COE
$26,709 Information
ARF Paid
$21,519 Information
PARF Rebate
You get back $10,760 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 -9,208 1,558 -7,650
Apr 2021 -7,910 1,335 -6,574
May 2021 -6,606 1,113 -5,493
Jun 2021 -5,296 890 -4,406
Jul 2021 -3,981 668 -3,313
Aug 2021 -2,660 445 -2,215
Sep 2021 -1,333 223 -1,110
Oct 2021 0 0 0
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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