$115,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
4 Nov 2016 (6 years remaining)
Months
(6 years)
%

$25,066 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$55,201
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$115,000
Monthly Installment
$1,129.68 /month for 6 years (72 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$34,500 (30% of Car Price)
1st Installment
$1,129.68
Total Upfront Payment
$35,654.68

Loan Details

Total Loan
$80,500 Information
Total Interest
$12,337 Information
Total Sum Paid
$92,837 at the end of 6 years (72 months)

Other Car Financial Details

COE
$55,201 Information
ARF Paid
$27,092 Information
PARF Rebate
You get back $13,546 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$17,088 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'.
Dec 2020 -68,208 51,460 -16,748
Jan 2021 -67,412 51,000 -16,412
Feb 2021 -66,611 50,540 -16,071
Mar 2021 -65,805 50,080 -15,725
Apr 2021 -64,995 49,620 -15,375
May 2021 -64,180 49,160 -15,019
Jun 2021 -63,360 48,700 -14,660
Jul 2021 -62,535 48,240 -14,295
Aug 2021 -61,706 47,780 -13,926
Sep 2021 -60,872 47,320 -13,552
Oct 2021 -60,033 46,860 -13,173
Nov 2021 -59,190 46,400 -12,790
End Of Year 1 of Loan
Dec 2021 -58,342 44,687 -13,655
Jan 2022 -57,489 44,227 -13,263
Feb 2022 -56,632 43,767 -12,865
Mar 2022 -55,770 43,307 -12,463
Apr 2022 -54,903 42,847 -12,056
May 2022 -54,032 42,387 -11,645
Jun 2022 -53,155 41,927 -11,229
Jul 2022 -52,274 41,467 -10,808
Aug 2022 -51,389 41,007 -10,382
Sep 2022 -50,499 40,547 -9,952
Oct 2022 -49,604 40,087 -9,517
Nov 2022 -48,704 39,627 -9,077
End Of Year 2 of Loan
Dec 2022 -47,800 37,913 -9,886
Jan 2023 -46,891 37,453 -9,437
Feb 2023 -45,977 36,993 -8,984
Mar 2023 -45,058 36,533 -8,525
Apr 2023 -44,135 36,073 -8,062
May 2023 -43,208 35,613 -7,594
Jun 2023 -42,275 35,153 -7,122
Jul 2023 -41,338 34,693 -6,645
Aug 2023 -40,396 34,233 -6,163
Sep 2023 -39,449 33,773 -5,676
Oct 2023 -38,498 33,313 -5,185
Nov 2023 -37,542 32,853 -4,689
End Of Year 3 of Loan
Dec 2023 -36,581 31,140 -5,441
Jan 2024 -35,616 30,680 -4,936
Feb 2024 -34,646 30,220 -4,426
Mar 2024 -33,671 29,760 -3,911
Apr 2024 -32,692 29,300 -3,392
May 2024 -31,708 28,840 -2,868
Jun 2024 -30,719 28,380 -2,339
Jul 2024 -29,725 27,920 -1,805
Aug 2024 -28,727 27,460 -1,267
Sep 2024 -27,724 27,000 -724
Oct 2024 -26,716 26,540 -177
Nov 2024 -25,704 26,080 376
End Of Year 4 of Loan
Dec 2024 -24,687 24,366 -321
Jan 2025 -23,665 23,906 241
Feb 2025 -22,639 23,446 808
Mar 2025 -21,608 22,986 1,379
Apr 2025 -20,572 22,526 1,954
May 2025 -19,532 22,066 2,535
Jun 2025 -18,486 21,606 3,120
Jul 2025 -17,436 21,146 3,710
Aug 2025 -16,382 20,686 4,305
Sep 2025 -15,323 20,226 4,904
Oct 2025 -14,259 19,766 5,508
Nov 2025 -13,190 19,306 6,116
End Of Year 5 of Loan
Dec 2025 -12,117 17,593 5,476
Jan 2026 -11,039 17,133 6,094
Feb 2026 -9,956 16,673 6,717
Mar 2026 -8,868 16,213 7,345
Apr 2026 -7,776 15,753 7,977
May 2026 -6,680 15,293 8,614
Jun 2026 -5,578 14,833 9,255
Jul 2026 -4,472 14,373 9,901
Aug 2026 -3,361 13,913 10,552
Sep 2026 -2,245 13,453 11,208
Oct 2026 -1,125 12,993 11,868
Nov 2026 0 12,533 12,533
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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