$27,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
30 Jun 2009 (1 years, 4 months remaining)
Months
(1 years, 4 months )
%

$34,784 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$15,100
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$27,800
Monthly Installment
$1,083.92 /month for 1 years, 4 months (16 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$8,340 (30% of Car Price)
1st Installment
$1,083.92
Total Upfront Payment
$9,448.92

Loan Details

Total Loan
$19,460 Information
Total Interest
$663 Information
Total Sum Paid
$20,123 at the end of 1 years, 4 months (16 months)

Other Car Financial Details

COE
$15,100 Information
ARF Paid
$34,784 Information
PARF Rebate
You get back $17,392 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 -15,674 21,019 5,345
Dec 2020 -14,663 20,893 6,230
Jan 2021 -13,648 20,767 7,120
Feb 2021 -12,627 20,641 8,014
Mar 2021 -11,602 18,776 7,175
Apr 2021 -10,571 18,650 8,079
May 2021 -9,536 18,525 8,988
Jun 2021 -8,496 18,399 9,903
Jul 2021 -7,451 18,273 10,822
Aug 2021 -6,401 18,147 11,746
Sep 2021 -5,347 18,021 12,675
Oct 2021 -4,287 17,895 13,608
End Of Year 1 of Loan
Nov 2021 -3,223 17,770 14,547
Dec 2021 -2,153 17,644 15,490
Jan 2022 -1,079 17,518 16,439
Feb 2022 0 17,392 17,392
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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