$108,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
5 Dec 2016 (6 years, 7 months remaining)
Months
(6 years, 7 months )
%

$29,038 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$56,206
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$108,800
Monthly Installment
$988.44 /month for 6 years, 7 months (79 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$32,640 (30% of Car Price)
1st Installment
$988.44
Total Upfront Payment
$33,653.44

Loan Details

Total Loan
$76,160 Information
Total Interest
$12,807 Information
Total Sum Paid
$88,967 at the end of 6 years, 7 months (79 months)

Other Car Financial Details

COE
$56,206 Information
ARF Paid
$32,653 Information
PARF Rebate
You get back $16,327 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$14,169 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'.
Jun 2020 -64,612 58,312 -6,299
Jul 2020 -63,939 57,844 -6,095
Aug 2020 -63,263 57,376 -5,887
Sep 2020 -62,583 56,907 -5,675
Oct 2020 -61,898 56,439 -5,459
Nov 2020 -61,210 55,970 -5,239
Dec 2020 -60,517 55,502 -5,015
Jan 2021 -59,820 55,034 -4,787
Feb 2021 -59,120 54,565 -4,554
Mar 2021 -58,415 54,097 -4,318
Apr 2021 -57,706 53,629 -4,078
May 2021 -56,993 53,160 -3,833
End Of Year 1 of Loan
Jun 2021 -56,276 52,692 -3,585
Jul 2021 -55,555 52,223 -3,332
Aug 2021 -54,830 51,755 -3,075
Sep 2021 -54,101 51,287 -2,815
Oct 2021 -53,368 50,818 -2,550
Nov 2021 -52,631 50,350 -2,281
Dec 2021 -51,890 49,882 -2,008
Jan 2022 -51,145 47,961 -3,183
Feb 2022 -50,395 47,493 -2,902
Mar 2022 -49,642 47,024 -2,617
Apr 2022 -48,884 46,556 -2,328
May 2022 -48,123 46,088 -2,035
End Of Year 2 of Loan
Jun 2022 -47,357 45,619 -1,738
Jul 2022 -46,588 45,151 -1,437
Aug 2022 -45,814 44,683 -1,132
Sep 2022 -45,036 44,214 -822
Oct 2022 -44,255 43,746 -509
Nov 2022 -43,469 43,277 -192
Dec 2022 -42,679 42,809 130
Jan 2023 -41,885 40,889 -996
Feb 2023 -41,087 40,420 -667
Mar 2023 -40,285 39,952 -333
Apr 2023 -39,479 39,484 4
May 2023 -38,669 39,015 346
End Of Year 3 of Loan
Jun 2023 -37,855 38,547 692
Jul 2023 -37,037 38,078 1,042
Aug 2023 -36,214 37,610 1,396
Sep 2023 -35,388 37,142 1,754
Oct 2023 -34,558 36,673 2,116
Nov 2023 -33,723 36,205 2,482
Dec 2023 -32,885 35,737 2,852
Jan 2024 -32,042 33,816 1,774
Feb 2024 -31,196 33,348 2,152
Mar 2024 -30,345 32,879 2,535
Apr 2024 -29,490 32,411 2,921
May 2024 -28,631 31,943 3,311
End Of Year 4 of Loan
Jun 2024 -27,769 31,474 3,706
Jul 2024 -26,902 31,006 4,104
Aug 2024 -26,031 30,538 4,507
Sep 2024 -25,156 30,069 4,913
Oct 2024 -24,277 29,601 5,324
Nov 2024 -23,394 29,132 5,739
Dec 2024 -22,507 28,664 6,157
Jan 2025 -21,616 26,744 5,128
Feb 2025 -20,720 26,275 5,555
Mar 2025 -19,821 25,807 5,986
Apr 2025 -18,918 25,339 6,421
May 2025 -18,010 24,870 6,860
End Of Year 5 of Loan
Jun 2025 -17,099 24,402 7,303
Jul 2025 -16,183 23,933 7,750
Aug 2025 -15,264 23,465 8,201
Sep 2025 -14,340 22,997 8,656
Oct 2025 -13,413 22,528 9,116
Nov 2025 -12,481 22,060 9,579
Dec 2025 -11,545 21,592 10,046
Jan 2026 -10,605 19,671 9,066
Feb 2026 -9,662 19,203 9,541
Mar 2026 -8,714 18,734 10,021
Apr 2026 -7,762 18,266 10,504
May 2026 -6,806 17,798 10,992
End Of Year 6 of Loan
Jun 2026 -5,846 17,329 11,484
Jul 2026 -4,881 16,861 11,980
Aug 2026 -3,913 16,393 12,479
Sep 2026 -2,941 15,924 12,983
Oct 2026 -1,965 15,456 13,491
Nov 2026 -984 14,987 14,003
Dec 2026 0 14,519 14,519
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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