$79,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
17 Jan 2014 (2 years, 7 months remaining)
Months
(2 years, 7 months )
%

$26,849 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$72,369
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$79,800
Monthly Installment
$1,663.42 /month for 2 years, 7 months (31 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$23,940 (30% of Car Price)
1st Installment
$1,663.42
Total Upfront Payment
$25,628.42

Loan Details

Total Loan
$55,860 Information
Total Interest
$3,686 Information
Total Sum Paid
$59,546 at the end of 2 years, 7 months (31 months)

Other Car Financial Details

COE
$72,369 Information
ARF Paid
$29,589 Information
PARF Rebate
You get back $14,794 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$26,178 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 -46,447 34,202 -12,245
Sep 2021 -45,006 33,599 -11,408
Oct 2021 -43,559 32,996 -10,563
Nov 2021 -42,103 32,392 -9,711
Dec 2021 -40,640 31,789 -8,851
Jan 2022 -39,170 31,186 -7,984
Feb 2022 -37,693 30,583 -7,109
Mar 2022 -36,208 28,638 -7,570
Apr 2022 -34,715 28,035 -6,680
May 2022 -33,215 27,432 -5,784
Jun 2022 -31,708 26,828 -4,879
Jul 2022 -30,193 26,225 -3,968
End Of Year 1 of Loan
Aug 2022 -28,671 25,622 -3,048
Sep 2022 -27,141 25,019 -2,122
Oct 2022 -25,604 24,416 -1,188
Nov 2022 -24,060 23,813 -246
Dec 2022 -22,508 23,210 702
Jan 2023 -20,948 22,607 1,659
Feb 2023 -19,381 22,004 2,622
Mar 2023 -17,807 20,058 2,251
Apr 2023 -16,225 19,455 3,230
May 2023 -14,636 18,852 4,216
Jun 2023 -13,040 18,249 5,209
Jul 2023 -11,436 17,646 6,210
End Of Year 2 of Loan
Aug 2023 -9,824 17,043 7,219
Sep 2023 -8,206 16,440 8,234
Oct 2023 -6,579 15,837 9,257
Nov 2023 -4,946 15,234 10,288
Dec 2023 -3,305 14,631 11,326
Jan 2024 -1,656 14,028 12,372
Feb 2024 0 13,425 13,425
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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