$17,588

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
16 Oct 2009 (1 years remaining)
Months
(1 years)
%

$18,868 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
$17,588
Monthly Installment
$1,056.54 /month for 1 years (12 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$5,276 (30% of Car Price)
1st Installment
$1,056.54
Total Upfront Payment
$6,357.94

Loan Details

Total Loan
$12,312 Information
Total Interest
$367 Information
Total Sum Paid
$12,678 at the end of 1 years (12 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$18,868 Information
PARF Rebate
You get back $9,434 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
- 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'.
Oct 2020 -11,312 9,434 -1,878
Nov 2020 -10,307 9,434 -873
Dec 2020 -9,297 9,434 137
Jan 2021 -8,283 9,434 1,151
Feb 2021 -7,264 9,434 2,170
Mar 2021 -6,240 9,434 3,194
Apr 2021 -5,212 9,434 4,222
May 2021 -4,179 9,434 5,255
Jun 2021 -3,141 9,434 6,293
Jul 2021 -2,099 9,434 7,335
Aug 2021 -1,052 9,434 8,382
Sep 2021 0 9,434 9,434
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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