$23,899

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
3 Oct 2008 (1 years, 7 months remaining)
Months
(1 years, 7 months )
%

$3,964
COE Car  

Results

Financial Commitment

Car Price
$23,899
Monthly Installment
$922.03 /month for 1 years, 7 months (19 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,170 (30% of Car Price)
1st Installment
$922.03
Total Upfront Payment
$8,116.73

Loan Details

Total Loan
$16,729 Information
Total Interest
$789 Information
Total Sum Paid
$17,519 at the end of 1 years, 7 months (19 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
$1,174 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'.
May 2020 -15,886 595 -15,292
Jun 2020 -15,039 562 -14,477
Jul 2020 -14,188 529 -13,659
Aug 2020 -13,332 496 -12,836
Sep 2020 -12,472 462 -12,010
Oct 2020 -11,608 429 -11,179
Nov 2020 -10,740 396 -10,344
Dec 2020 -9,868 363 -9,505
Jan 2021 -8,992 330 -8,662
Feb 2021 -8,111 297 -7,814
Mar 2021 -7,227 264 -6,962
Apr 2021 -6,338 231 -6,107
End Of Year 1 of Loan
May 2021 -5,445 198 -5,247
Jun 2021 -4,548 165 -4,383
Jul 2021 -3,647 132 -3,514
Aug 2021 -2,741 99 -2,642
Sep 2021 -1,832 66 -1,766
Oct 2021 -918 33 -885
Nov 2021 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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