$78,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
27 Jun 2016 (5 years, 5 months remaining)
Months
(5 years, 5 months )
%

$19,821 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$55,100
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$78,800
Monthly Installment
$985.60 /month for 5 years, 5 months (65 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$23,640 (30% of Car Price)
1st Installment
$985.60
Total Upfront Payment
$24,650.60

Loan Details

Total Loan
$55,160 Information
Total Interest
$8,904 Information
Total Sum Paid
$64,064 at the end of 5 years, 5 months (65 months)

Other Car Financial Details

COE
$55,100 Information
ARF Paid
$19,821 Information
PARF Rebate
You get back $9,911 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,715 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'.
Feb 2021 -54,444 44,252 -10,192
Mar 2021 -53,724 43,793 -9,931
Apr 2021 -53,000 43,334 -9,666
May 2021 -52,272 42,875 -9,397
Jun 2021 -51,540 42,416 -9,124
Jul 2021 -50,803 40,966 -9,837
Aug 2021 -50,062 40,506 -9,556
Sep 2021 -49,317 40,047 -9,270
Oct 2021 -48,568 39,588 -8,980
Nov 2021 -47,815 39,129 -8,686
Dec 2021 -47,058 38,670 -8,388
Jan 2022 -46,297 38,211 -8,086
End Of Year 1 of Loan
Feb 2022 -45,531 37,751 -7,780
Mar 2022 -44,761 37,292 -7,469
Apr 2022 -43,987 36,833 -7,154
May 2022 -43,209 36,374 -6,835
Jun 2022 -42,427 35,915 -6,512
Jul 2022 -41,641 34,464 -7,176
Aug 2022 -40,850 34,005 -6,845
Sep 2022 -40,056 33,546 -6,509
Oct 2022 -39,257 33,087 -6,170
Nov 2022 -38,454 32,628 -5,826
Dec 2022 -37,647 32,169 -5,478
Jan 2023 -36,835 31,709 -5,126
End Of Year 2 of Loan
Feb 2023 -36,020 31,250 -4,770
Mar 2023 -35,201 30,791 -4,409
Apr 2023 -34,377 30,332 -4,045
May 2023 -33,549 29,873 -3,676
Jun 2023 -32,717 29,414 -3,303
Jul 2023 -31,881 27,963 -3,917
Aug 2023 -31,040 27,504 -3,536
Sep 2023 -30,196 27,045 -3,151
Oct 2023 -29,347 26,586 -2,761
Nov 2023 -28,495 26,127 -2,368
Dec 2023 -27,638 25,668 -1,970
Jan 2024 -26,777 25,208 -1,568
End Of Year 3 of Loan
Feb 2024 -25,911 24,749 -1,162
Mar 2024 -25,042 24,290 -752
Apr 2024 -24,169 23,831 -338
May 2024 -23,291 23,372 81
Jun 2024 -22,409 22,913 504
Jul 2024 -21,523 21,462 -61
Aug 2024 -20,633 21,003 370
Sep 2024 -19,739 20,544 805
Oct 2024 -18,840 20,085 1,245
Nov 2024 -17,938 19,626 1,688
Dec 2024 -17,031 19,167 2,136
Jan 2025 -16,120 18,707 2,587
End Of Year 4 of Loan
Feb 2025 -15,205 18,248 3,043
Mar 2025 -14,286 17,789 3,503
Apr 2025 -13,362 17,330 3,967
May 2025 -12,435 16,871 4,436
Jun 2025 -11,503 16,412 4,908
Jul 2025 -10,568 14,961 4,394
Aug 2025 -9,628 14,502 4,875
Sep 2025 -8,684 14,043 5,359
Oct 2025 -7,735 13,584 5,848
Nov 2025 -6,783 13,125 6,342
Dec 2025 -5,826 12,666 6,839
Jan 2026 -4,866 12,206 7,341
End Of Year 5 of Loan
Feb 2026 -3,901 11,747 7,846
Mar 2026 -2,932 11,288 8,356
Apr 2026 -1,959 10,829 8,870
May 2026 -981 10,370 9,388
Jun 2026 0 9,911 9,911
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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