$56,151

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
24 May 2011 (0 years, 6 months remaining)
Months
(0 years, 6 months )
%

$40,405 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$44,790
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$56,151
Monthly Installment
$5,698.76 /month for 0 years, 6 months (6 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$16,845 (30% of Car Price)
1st Installment
$5,698.76
Total Upfront Payment
$22,569.06

Loan Details

Total Loan
$39,306 Information
Total Interest
$502 Information
Total Sum Paid
$39,808 at the end of 0 years, 6 months (6 months)

Other Car Financial Details

COE
$44,790 Information
ARF Paid
$40,405 Information
PARF Rebate
You get back $20,203 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'.
Dec 2020 -28,135 22,069 -6,067
Jan 2021 -22,556 21,696 -861
Feb 2021 -16,953 21,322 4,369
Mar 2021 -11,326 20,949 9,623
Apr 2021 -5,675 20,576 14,901
May 2021 0 20,203 20,203
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