$23,899

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
3 Oct 2008 (0 years, 11 months remaining)
Months
(0 years, 11 months )
%

$3,964
COE Car  

Results

Financial Commitment

Car Price
$23,899
Monthly Installment
$1,562.39 /month for 0 years, 11 months (11 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,170 (30% of Car Price)
1st Installment
$1,562.39
Total Upfront Payment
$8,757.09

Loan Details

Total Loan
$16,729 Information
Total Interest
$457 Information
Total Sum Paid
$17,186 at the end of 0 years, 11 months (11 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
$1,211 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'.
Sep 2019 -15,243 330 -14,913
Oct 2019 -13,750 297 -13,453
Nov 2019 -12,250 264 -11,986
Dec 2019 -10,743 231 -10,512
Jan 2020 -9,229 198 -9,031
Feb 2020 -7,708 165 -7,543
Mar 2020 -6,180 132 -6,048
Apr 2020 -4,646 99 -4,547
May 2020 -3,104 66 -3,038
Jun 2020 -1,555 33 -1,522
Jul 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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