$88,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

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

$23,772 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$50,951
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$88,800
Monthly Installment
$927.54 /month for 5 years, 7 months (67 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$26,640 (30% of Car Price)
1st Installment
$927.54
Total Upfront Payment
$27,592.54

Loan Details

Total Loan
$62,160 Information
Total Interest
$8,865 Information
Total Sum Paid
$71,025 at the end of 5 years, 7 months (67 months)

Other Car Financial Details

COE
$50,951 Information
ARF Paid
$25,281 Information
PARF Rebate
You get back $12,640 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$13,622 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 2021 -52,613 45,852 -6,761
Jul 2021 -51,943 45,427 -6,515
Aug 2021 -51,268 45,003 -6,265
Sep 2021 -50,589 44,578 -6,011
Oct 2021 -49,907 44,154 -5,753
Nov 2021 -49,221 43,729 -5,492
Dec 2021 -48,531 43,305 -5,226
Jan 2022 -47,837 41,691 -6,145
Feb 2022 -47,139 41,267 -5,872
Mar 2022 -46,437 40,842 -5,595
Apr 2022 -45,731 40,418 -5,314
May 2022 -45,022 39,993 -5,029
End Of Year 1 of Loan
Jun 2022 -44,308 39,568 -4,740
Jul 2022 -43,591 39,144 -4,447
Aug 2022 -42,869 38,719 -4,150
Sep 2022 -42,144 38,295 -3,850
Oct 2022 -41,415 37,870 -3,545
Nov 2022 -40,682 37,445 -3,237
Dec 2022 -39,945 37,021 -2,924
Jan 2023 -39,205 35,408 -3,797
Feb 2023 -38,460 34,983 -3,477
Mar 2023 -37,711 34,558 -3,153
Apr 2023 -36,959 34,134 -2,825
May 2023 -36,203 33,709 -2,493
End Of Year 2 of Loan
Jun 2023 -35,442 33,285 -2,158
Jul 2023 -34,678 32,860 -1,818
Aug 2023 -33,910 32,435 -1,475
Sep 2023 -33,139 32,011 -1,128
Oct 2023 -32,363 31,586 -776
Nov 2023 -31,583 31,162 -421
Dec 2023 -30,800 30,737 -62
Jan 2024 -30,012 29,124 -888
Feb 2024 -29,221 28,699 -521
Mar 2024 -28,426 28,275 -151
Apr 2024 -27,626 27,850 224
May 2024 -26,823 27,426 602
End Of Year 3 of Loan
Jun 2024 -26,017 27,001 984
Jul 2024 -25,206 26,576 1,371
Aug 2024 -24,391 26,152 1,761
Sep 2024 -23,572 25,727 2,155
Oct 2024 -22,750 25,303 2,553
Nov 2024 -21,924 24,878 2,954
Dec 2024 -21,093 24,453 3,360
Jan 2025 -20,259 22,840 2,581
Feb 2025 -19,421 22,416 2,994
Mar 2025 -18,579 21,991 3,412
Apr 2025 -17,733 21,566 3,833
May 2025 -16,884 21,142 4,258
End Of Year 4 of Loan
Jun 2025 -16,030 20,717 4,687
Jul 2025 -15,173 20,293 5,120
Aug 2025 -14,311 19,868 5,557
Sep 2025 -13,446 19,443 5,997
Oct 2025 -12,577 19,019 6,442
Nov 2025 -11,704 18,594 6,890
Dec 2025 -10,827 18,170 7,343
Jan 2026 -9,946 16,557 6,610
Feb 2026 -9,061 16,132 7,071
Mar 2026 -8,173 15,707 7,535
Apr 2026 -7,280 15,283 8,003
May 2026 -6,384 14,858 8,474
End Of Year 5 of Loan
Jun 2026 -5,483 14,434 8,950
Jul 2026 -4,579 14,009 9,430
Aug 2026 -3,671 13,584 9,913
Sep 2026 -2,759 13,160 10,401
Oct 2026 -1,843 12,735 10,892
Nov 2026 -924 12,311 11,387
Dec 2026 0 11,886 11,886
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.

Browse by Car Make