$51,899

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
5 Jun 2014 (4 years, 9 months remaining)
Months
(4 years, 9 months )
%

$20,925 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$60,002
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$51,899
Monthly Installment
$623.63 /month for 4 years, 9 months (57 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$15,570 (30% of Car Price)
1st Installment
$623.63
Total Upfront Payment
$16,218.33

Loan Details

Total Loan
$36,329 Information
Total Interest
$4,408 Information
Total Sum Paid
$40,737 at the end of 4 years, 9 months (57 months)

Other Car Financial Details

COE
$60,002 Information
ARF Paid
$21,295 Information
PARF Rebate
You get back $10,648 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$8,924 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'.
Nov 2019 -30,668 42,648 11,981
Dec 2019 -30,193 42,148 11,955
Jan 2020 -29,716 41,648 11,932
Feb 2020 -29,237 41,148 11,912
Mar 2020 -28,755 40,648 11,894
Apr 2020 -28,270 40,148 11,879
May 2020 -27,782 39,648 11,866
Jun 2020 -27,292 39,148 11,857
Jul 2020 -26,799 38,648 11,850
Aug 2020 -26,303 37,102 10,799
Sep 2020 -25,805 36,602 10,797
Oct 2020 -25,304 36,102 10,798
End Of Year 1 of Loan
Nov 2020 -24,800 35,602 10,802
Dec 2020 -24,294 35,102 10,808
Jan 2021 -23,785 34,602 10,817
Feb 2021 -23,273 34,102 10,829
Mar 2021 -22,759 33,602 10,843
Apr 2021 -22,242 33,102 10,860
May 2021 -21,722 32,602 10,880
Jun 2021 -21,200 32,102 10,902
Jul 2021 -20,675 31,602 10,927
Aug 2021 -20,147 30,056 9,908
Sep 2021 -19,617 29,556 9,939
Oct 2021 -19,084 29,056 9,972
End Of Year 2 of Loan
Nov 2021 -18,548 28,556 10,007
Dec 2021 -18,010 28,056 10,045
Jan 2022 -17,469 27,556 10,086
Feb 2022 -16,925 27,055 10,130
Mar 2022 -16,379 26,555 10,176
Apr 2022 -15,830 26,055 10,225
May 2022 -15,279 25,555 10,277
Jun 2022 -14,724 25,055 10,331
Jul 2022 -14,167 24,555 10,388
Aug 2022 -13,608 23,009 9,401
Sep 2022 -13,045 22,509 9,464
Oct 2022 -12,480 22,009 9,529
End Of Year 3 of Loan
Nov 2022 -11,913 21,509 9,596
Dec 2022 -11,342 21,009 9,667
Jan 2023 -10,769 20,509 9,740
Feb 2023 -10,194 20,009 9,815
Mar 2023 -9,616 19,509 9,894
Apr 2023 -9,035 19,009 9,974
May 2023 -8,451 18,509 10,058
Jun 2023 -7,865 18,009 10,144
Jul 2023 -7,276 17,509 10,233
Aug 2023 -6,684 15,963 9,279
Sep 2023 -6,090 15,463 9,373
Oct 2023 -5,493 14,963 9,470
End Of Year 4 of Loan
Nov 2023 -4,893 14,463 9,570
Dec 2023 -4,291 13,963 9,672
Jan 2024 -3,686 13,463 9,777
Feb 2024 -3,078 12,963 9,884
Mar 2024 -2,468 12,463 9,995
Apr 2024 -1,855 11,963 10,108
May 2024 -1,239 11,463 10,223
Jun 2024 -621 10,963 10,342
Jul 2024 0 10,463 10,463
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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