$42,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
23 Aug 2012 (1 years, 11 months remaining)
Months
(1 years, 11 months )
%

$14,885 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$59,421
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$42,800
Monthly Installment
$1,377.01 /month for 1 years, 11 months (23 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$12,840 (30% of Car Price)
1st Installment
$1,377.01
Total Upfront Payment
$14,242.01

Loan Details

Total Loan
$29,960 Information
Total Interest
$1,711 Information
Total Sum Paid
$31,671 at the end of 1 years, 11 months (23 months)

Other Car Financial Details

COE
$59,421 Information
ARF Paid
$14,885 Information
PARF Rebate
You get back $7,443 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$18,463 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 -28,726 19,081 -9,645
Nov 2020 -27,485 18,585 -8,900
Dec 2020 -26,238 18,090 -8,148
Jan 2021 -24,985 17,595 -7,390
Feb 2021 -23,726 17,100 -6,626
Mar 2021 -22,461 16,605 -5,856
Apr 2021 -21,189 16,110 -5,079
May 2021 -19,911 15,614 -4,297
Jun 2021 -18,627 15,119 -3,508
Jul 2021 -17,337 14,624 -2,713
Aug 2021 -16,041 14,129 -1,912
Sep 2021 -14,738 12,889 -1,848
End Of Year 1 of Loan
Oct 2021 -13,429 12,394 -1,035
Nov 2021 -12,114 11,899 -215
Dec 2021 -10,793 11,404 611
Jan 2022 -9,465 10,909 1,443
Feb 2022 -8,132 10,414 2,282
Mar 2022 -6,792 9,918 3,126
Apr 2022 -5,446 9,423 3,977
May 2022 -4,094 8,928 4,834
Jun 2022 -2,735 8,433 5,697
Jul 2022 -1,371 7,938 6,567
Aug 2022 0 7,443 7,443
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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