$115,700

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
11 Mar 2016 (6 years, 3 months remaining)
Months
(6 years, 3 months )
%

$27,820 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$45,002
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$115,700
Monthly Installment
$1,097.99 /month for 6 years, 3 months (75 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$34,710 (30% of Car Price)
1st Installment
$1,097.99
Total Upfront Payment
$35,832.99

Loan Details

Total Loan
$80,990 Information
Total Interest
$12,929 Information
Total Sum Paid
$93,919 at the end of 6 years, 3 months (75 months)

Other Car Financial Details

COE
$45,002 Information
ARF Paid
$30,948 Information
PARF Rebate
You get back $15,474 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$16,028 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'.
Jan 2021 -68,662 48,616 -20,046
Feb 2021 -67,900 48,241 -19,659
Mar 2021 -67,133 47,866 -19,267
Apr 2021 -66,362 47,491 -18,871
May 2021 -65,586 47,116 -18,470
Jun 2021 -64,805 46,741 -18,064
Jul 2021 -64,021 46,366 -17,654
Aug 2021 -63,231 45,991 -17,240
Sep 2021 -62,437 45,616 -16,821
Oct 2021 -61,638 45,241 -16,397
Nov 2021 -60,835 44,866 -15,969
Dec 2021 -60,028 44,491 -15,537
End Of Year 1 of Loan
Jan 2022 -59,215 44,116 -15,099
Feb 2022 -58,399 43,741 -14,658
Mar 2022 -57,577 43,366 -14,211
Apr 2022 -56,752 41,600 -15,152
May 2022 -55,921 41,225 -14,696
Jun 2022 -55,087 40,850 -14,237
Jul 2022 -54,247 40,475 -13,772
Aug 2022 -53,403 40,100 -13,303
Sep 2022 -52,555 39,725 -12,830
Oct 2022 -51,702 39,350 -12,352
Nov 2022 -50,844 38,975 -11,869
Dec 2022 -49,982 38,600 -11,382
End Of Year 2 of Loan
Jan 2023 -49,115 38,225 -10,891
Feb 2023 -48,244 37,850 -10,394
Mar 2023 -47,369 37,475 -9,894
Apr 2023 -46,488 35,709 -10,780
May 2023 -45,604 35,334 -10,270
Jun 2023 -44,714 34,959 -9,755
Jul 2023 -43,820 34,584 -9,237
Aug 2023 -42,922 34,209 -8,713
Sep 2023 -42,019 33,834 -8,185
Oct 2023 -41,112 33,459 -7,653
Nov 2023 -40,200 33,084 -7,116
Dec 2023 -39,283 32,709 -6,574
End Of Year 3 of Loan
Jan 2024 -38,362 32,334 -6,028
Feb 2024 -37,436 31,959 -5,478
Mar 2024 -36,506 31,584 -4,923
Apr 2024 -35,572 29,818 -5,754
May 2024 -34,632 29,443 -5,190
Jun 2024 -33,689 29,068 -4,621
Jul 2024 -32,740 28,693 -4,048
Aug 2024 -31,788 28,318 -3,470
Sep 2024 -30,830 27,943 -2,888
Oct 2024 -29,868 27,567 -2,301
Nov 2024 -28,902 27,192 -1,709
Dec 2024 -27,931 26,817 -1,114
End Of Year 4 of Loan
Jan 2025 -26,955 26,442 -513
Feb 2025 -25,975 26,067 92
Mar 2025 -24,991 25,692 702
Apr 2025 -24,002 23,926 -75
May 2025 -23,008 23,551 543
Jun 2025 -22,010 23,176 1,166
Jul 2025 -21,007 22,801 1,794
Aug 2025 -20,000 22,426 2,426
Sep 2025 -18,988 22,051 3,063
Oct 2025 -17,972 21,676 3,705
Nov 2025 -16,951 21,301 4,350
Dec 2025 -15,925 20,926 5,001
End Of Year 5 of Loan
Jan 2026 -14,896 20,551 5,656
Feb 2026 -13,861 20,176 6,315
Mar 2026 -12,822 19,801 6,979
Apr 2026 -11,779 18,035 6,257
May 2026 -10,730 17,660 6,930
Jun 2026 -9,678 17,285 7,607
Jul 2026 -8,621 16,910 8,290
Aug 2026 -7,559 16,535 8,976
Sep 2026 -6,493 16,160 9,667
Oct 2026 -5,422 15,785 10,363
Nov 2026 -4,347 15,410 11,063
Dec 2026 -3,267 15,035 11,768
End Of Year 6 of Loan
Jan 2027 -2,182 14,660 12,478
Feb 2027 -1,093 14,285 13,192
Mar 2027 0 13,910 13,910
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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