$41,500


Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
12 Feb 2014 (5 years remaining)
Months
(5 years)
%

$27,386 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$33,006
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$41,500
Monthly Installment
$476.84 /month for 5 years (60 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$12,450 (30% of Car Price)
1st Installment
$476.84
Total Upfront Payment
$12,951.84

Loan Details

Total Loan
$29,050 Information
Total Interest
$3,710 Information
Total Sum Paid
$32,760 at the end of 5 years (60 months)

Other Car Financial Details

COE
$33,006 Information
ARF Paid
$30,340 Information
PARF Rebate
You get back $15,170 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$5,388 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'.
Apr 2019 -24,545 35,398 10,853
May 2019 -24,188 35,123 10,936
Jun 2019 -23,828 34,848 11,020
Jul 2019 -23,467 34,573 11,106
Aug 2019 -23,104 34,298 11,194
Sep 2019 -22,738 34,023 11,284
Oct 2019 -22,371 33,748 11,377
Nov 2019 -22,002 33,473 11,471
Dec 2019 -21,630 33,198 11,567
Jan 2020 -21,257 32,923 11,666
Feb 2020 -20,881 32,648 11,766
Mar 2020 -20,504 32,373 11,869
End Of Year 1 of Loan
Apr 2020 -20,124 30,728 10,604
May 2020 -19,743 30,453 10,710
Jun 2020 -19,359 30,178 10,819
Jul 2020 -18,974 29,903 10,929
Aug 2020 -18,586 29,628 11,042
Sep 2020 -18,196 29,353 11,157
Oct 2020 -17,805 29,078 11,273
Nov 2020 -17,411 28,803 11,392
Dec 2020 -17,015 28,528 11,513
Jan 2021 -16,617 28,253 11,635
Feb 2021 -16,218 27,978 11,760
Mar 2021 -15,816 27,703 11,887
End Of Year 2 of Loan
Apr 2021 -15,412 26,058 10,646
May 2021 -15,006 25,783 10,777
Jun 2021 -14,598 25,508 10,910
Jul 2021 -14,188 25,233 11,045
Aug 2021 -13,776 24,958 11,182
Sep 2021 -13,362 24,683 11,321
Oct 2021 -12,946 24,408 11,462
Nov 2021 -12,528 24,133 11,605
Dec 2021 -12,108 23,858 11,750
Jan 2022 -11,686 23,583 11,897
Feb 2022 -11,262 23,308 12,046
Mar 2022 -10,836 23,033 12,197
End Of Year 3 of Loan
Apr 2022 -10,408 21,388 10,981
May 2022 -9,977 21,113 11,136
Jun 2022 -9,545 20,838 11,293
Jul 2022 -9,111 20,563 11,452
Aug 2022 -8,675 20,288 11,614
Sep 2022 -8,236 20,013 11,777
Oct 2022 -7,796 19,738 11,942
Nov 2022 -7,354 19,463 12,109
Dec 2022 -6,909 19,188 12,279
Jan 2023 -6,463 18,913 12,450
Feb 2023 -6,014 18,638 12,624
Mar 2023 -5,564 18,363 12,799
End Of Year 4 of Loan
Apr 2023 -5,111 16,719 11,607
May 2023 -4,657 16,444 11,787
Jun 2023 -4,200 16,168 11,968
Jul 2023 -3,742 15,893 12,152
Aug 2023 -3,281 15,618 12,337
Sep 2023 -2,818 15,343 12,525
Oct 2023 -2,354 15,068 12,714
Nov 2023 -1,887 14,793 12,906
Dec 2023 -1,418 14,518 13,100
Jan 2024 -948 14,243 13,296
Feb 2024 -475 13,968 13,493
Mar 2024 0 13,693 13,693
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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