$63,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
30 Aug 2008 (2 years, 11 months remaining)
Months
(2 years, 11 months )
%

$30,273 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
-
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$63,800
Monthly Installment
$1,188.78 /month for 2 years, 11 months (35 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$19,140 (30% of Car Price)
1st Installment
$1,188.78
Total Upfront Payment
$20,353.78

Loan Details

Total Loan
$44,660 Information
Total Interest
$3,327 Information
Total Sum Paid
$47,987 at the end of 2 years, 11 months (35 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$30,273 Information
PARF Rebate
You get back $15,137 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$6,380 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'.
Aug 2021 -37,276 19,980 -17,296
Sep 2021 -36,267 19,980 -16,287
Oct 2021 -35,252 19,980 -15,272
Nov 2021 -34,233 19,980 -14,252
Dec 2021 -33,208 19,980 -13,227
Jan 2022 -32,177 19,980 -12,197
Feb 2022 -31,142 19,980 -11,161
Mar 2022 -30,101 19,980 -10,120
Apr 2022 -29,054 19,980 -9,074
May 2022 -28,003 19,980 -8,023
Jun 2022 -26,946 19,980 -6,966
Jul 2022 -25,884 18,315 -7,569
End Of Year 1 of Loan
Aug 2022 -24,817 18,315 -6,502
Sep 2022 -23,744 18,315 -5,429
Oct 2022 -22,666 18,315 -4,351
Nov 2022 -21,583 18,315 -3,268
Dec 2022 -20,495 18,315 -2,180
Jan 2023 -19,401 18,315 -1,086
Feb 2023 -18,302 18,315 13
Mar 2023 -17,198 18,315 1,117
Apr 2023 -16,088 18,315 2,227
May 2023 -14,974 18,315 3,342
Jun 2023 -13,853 18,315 4,462
Jul 2023 -12,728 16,650 3,922
End Of Year 2 of Loan
Aug 2023 -11,597 16,650 5,053
Sep 2023 -10,461 16,650 6,189
Oct 2023 -9,320 16,650 7,330
Nov 2023 -8,174 16,650 8,477
Dec 2023 -7,022 16,650 9,628
Jan 2024 -5,865 16,650 10,785
Feb 2024 -4,702 16,650 11,948
Mar 2024 -3,535 16,650 13,116
Apr 2024 -2,362 16,650 14,288
May 2024 -1,183 16,650 15,467
Jun 2024 0 16,650 16,650
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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