$23,899

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
3 Oct 2008 (1 years remaining)
Months
(1 years)
%

$3,964
COE Car  

Results

Financial Commitment

Car Price
$23,899
Monthly Installment
$1,435.65 /month for 1 years (12 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,170 (30% of Car Price)
1st Installment
$1,435.65
Total Upfront Payment
$8,630.35

Loan Details

Total Loan
$16,729 Information
Total Interest
$499 Information
Total Sum Paid
$17,228 at the end of 1 years (12 months)

Other Car Financial Details

COE
$3,964 Information
ARF Paid
$9,474 Information
PARF Rebate
You get back $4,737 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$1,202 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 -15,370 363 -15,007
Dec 2019 -14,005 330 -13,675
Jan 2020 -12,633 297 -12,336
Feb 2020 -11,255 264 -10,991
Mar 2020 -9,871 231 -9,639
Apr 2020 -8,480 198 -8,281
May 2020 -7,082 165 -6,917
Jun 2020 -5,679 132 -5,547
Jul 2020 -4,269 99 -4,170
Aug 2020 -2,852 66 -2,786
Sep 2020 -1,429 33 -1,396
Oct 2020 0 0 0
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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