$23,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
13 Jun 2009 (1 years, 10 months remaining)
Months
(1 years, 10 months )
%

$28,716 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$9,180
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$23,800
Monthly Installment
$684.55 /month for 1 years, 10 months (22 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,140 (30% of Car Price)
1st Installment
$684.55
Total Upfront Payment
$7,849.55

Loan Details

Total Loan
$16,660 Information
Total Interest
$780 Information
Total Sum Paid
$17,440 at the end of 1 years, 10 months (22 months)

Other Car Financial Details

COE
$9,180 Information
ARF Paid
$28,716 Information
PARF Rebate
You get back $14,358 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
- 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'.
May 2021 -13,663 17,400 3,737
Jun 2021 -13,043 17,324 4,280
Jul 2021 -12,421 17,247 4,827
Aug 2021 -11,795 17,171 5,376
Sep 2021 -11,166 17,094 5,929
Oct 2021 -10,533 17,018 6,484
Nov 2021 -9,898 16,941 7,043
Dec 2021 -9,260 16,865 7,605
Jan 2022 -8,619 16,788 8,170
Feb 2022 -7,974 16,712 8,738
Mar 2022 -7,327 15,200 7,873
Apr 2022 -6,676 15,123 8,447
End Of Year 1 of Loan
May 2022 -6,022 15,047 9,024
Jun 2022 -5,365 14,970 9,605
Jul 2022 -4,706 14,894 10,188
Aug 2022 -4,043 14,817 10,774
Sep 2022 -3,377 14,741 11,364
Oct 2022 -2,707 14,664 11,957
Nov 2022 -2,035 14,588 12,552
Dec 2022 -1,360 14,511 13,151
Jan 2023 -681 14,435 13,753
Feb 2023 0 14,358 14,358
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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