$55,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
4 Nov 2009 (0 years, 11 months remaining)
Months
(0 years, 11 months )
%

$54,683 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$19,510
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$55,800
Monthly Installment
$3,126.78 /month for 0 years, 11 months (11 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$16,740 (30% of Car Price)
1st Installment
$3,126.78
Total Upfront Payment
$19,891.78

Loan Details

Total Loan
$39,060 Information
Total Interest
$915 Information
Total Sum Paid
$39,975 at the end of 0 years, 11 months (11 months)

Other Car Financial Details

COE
$19,510 Information
ARF Paid
$54,683 Information
PARF Rebate
You get back $27,342 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'.
Nov 2020 -30,506 28,967 -1,538
Dec 2020 -27,517 28,805 1,287
Jan 2021 -24,515 28,642 4,127
Feb 2021 -21,499 28,480 6,980
Mar 2021 -18,470 28,317 9,847
Apr 2021 -15,426 28,154 12,728
May 2021 -12,369 27,992 15,623
Jun 2021 -9,297 27,829 18,532
Jul 2021 -6,212 27,667 21,455
Aug 2021 -3,113 27,504 24,391
Sep 2021 0 27,342 27,342
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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