$59,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
10 Jun 2015 (4 years, 2 months remaining)
Months
(4 years, 2 months )
%

$19,307 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$66,000
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$59,500
Monthly Installment
$936.43 /month for 4 years, 2 months (50 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$17,850 (30% of Car Price)
1st Installment
$936.43
Total Upfront Payment
$18,811.43

Loan Details

Total Loan
$41,650 Information
Total Interest
$5,172 Information
Total Sum Paid
$46,822 at the end of 4 years, 2 months (50 months)

Other Car Financial Details

COE
$66,000 Information
ARF Paid
$19,307 Information
PARF Rebate
You get back $9,654 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,244 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'.
Jun 2021 -40,916 40,465 -451
Jul 2021 -40,179 39,915 -264
Aug 2021 -39,437 38,400 -1,037
Sep 2021 -38,691 37,850 -842
Oct 2021 -37,941 37,300 -642
Nov 2021 -37,187 36,750 -438
Dec 2021 -36,429 36,200 -230
Jan 2022 -35,667 35,650 -18
Feb 2022 -34,901 35,100 198
Mar 2022 -34,131 34,550 418
Apr 2022 -33,357 34,000 643
May 2022 -32,579 33,450 871
End Of Year 1 of Loan
Jun 2022 -31,796 32,900 1,103
Jul 2022 -31,010 32,350 1,339
Aug 2022 -30,220 30,834 614
Sep 2022 -29,425 30,284 859
Oct 2022 -28,627 29,734 1,107
Nov 2022 -27,824 29,184 1,360
Dec 2022 -27,018 28,634 1,617
Jan 2023 -26,207 28,084 1,877
Feb 2023 -25,392 27,534 2,142
Mar 2023 -24,573 26,984 2,411
Apr 2023 -23,750 26,434 2,684
May 2023 -22,924 25,884 2,961
End Of Year 2 of Loan
Jun 2023 -22,093 25,334 3,242
Jul 2023 -21,258 24,784 3,527
Aug 2023 -20,418 23,269 2,850
Sep 2023 -19,575 22,719 3,144
Oct 2023 -18,728 22,169 3,441
Nov 2023 -17,877 21,619 3,742
Dec 2023 -17,022 21,069 4,047
Jan 2024 -16,162 20,519 4,357
Feb 2024 -15,299 19,969 4,670
Mar 2024 -14,431 19,419 4,988
Apr 2024 -13,560 18,869 5,309
May 2024 -12,684 18,319 5,635
End Of Year 3 of Loan
Jun 2024 -11,804 17,769 5,964
Jul 2024 -10,921 17,219 6,298
Aug 2024 -10,033 15,704 5,670
Sep 2024 -9,141 15,154 6,012
Oct 2024 -8,245 14,604 6,358
Nov 2024 -7,345 14,054 6,708
Dec 2024 -6,441 13,504 7,062
Jan 2025 -5,533 12,954 7,420
Feb 2025 -4,621 12,404 7,782
Mar 2025 -3,705 11,854 8,148
Apr 2025 -2,785 11,304 8,519
May 2025 -1,861 10,754 8,893
End Of Year 4 of Loan
Jun 2025 -932 10,204 9,271
Jul 2025 0 9,654 9,654
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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