$31,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
20 Feb 2009 (2 years, 3 months remaining)
Months
(2 years, 3 months )
%

$24,857 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
-
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$31,800
Monthly Installment
$754.05 /month for 2 years, 3 months (27 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$9,540 (30% of Car Price)
1st Installment
$754.05
Total Upfront Payment
$10,319.05

Loan Details

Total Loan
$22,260 Information
Total Interest
$1,279 Information
Total Sum Paid
$23,539 at the end of 2 years, 3 months (27 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$24,857 Information
PARF Rebate
You get back $12,429 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$6,360 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 -18,417 14,914 -3,503
Jul 2021 -17,751 14,914 -2,837
Aug 2021 -17,082 14,914 -2,168
Sep 2021 -16,409 13,671 -2,738
Oct 2021 -15,733 13,671 -2,061
Nov 2021 -15,053 13,671 -1,382
Dec 2021 -14,370 13,671 -699
Jan 2022 -13,684 13,671 -13
Feb 2022 -12,994 13,671 677
Mar 2022 -12,301 13,671 1,370
Apr 2022 -11,604 13,671 2,067
May 2022 -10,905 13,671 2,767
End Of Year 1 of Loan
Jun 2022 -10,201 13,671 3,470
Jul 2022 -9,495 13,671 4,177
Aug 2022 -8,785 13,671 4,887
Sep 2022 -8,071 12,429 4,357
Oct 2022 -7,354 12,429 5,074
Nov 2022 -6,634 12,429 5,794
Dec 2022 -5,911 12,429 6,518
Jan 2023 -5,184 12,429 7,245
Feb 2023 -4,453 12,429 7,975
Mar 2023 -3,719 12,429 8,709
Apr 2023 -2,982 12,429 9,446
May 2023 -2,242 12,429 10,187
End Of Year 2 of Loan
Jun 2023 -1,498 12,429 10,931
Jul 2023 -751 12,429 11,678
Aug 2023 0 12,429 12,429
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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