$115,000


Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
13 Sep 2016 (7 years, 10 months remaining)
Months
(7 years)
%

$28,438 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$55,200
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$115,000
Monthly Installment
$992.78 /month for 7 years (84 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$34,500 (30% of Car Price)
1st Installment
$992.78
Total Upfront Payment
$35,517.78

Loan Details

Total Loan
$80,500 Information
Total Interest
$14,393 Information
Total Sum Paid
$94,893 at the end of 7 years (84 months)

Other Car Financial Details

COE
$55,200 Information
ARF Paid
$31,813 Information
PARF Rebate
You get back $15,907 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,791 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'.
Jan 2020 -68,346 64,109 -4,237
Feb 2020 -67,688 63,649 -4,039
Mar 2020 -67,026 63,189 -3,837
Apr 2020 -66,359 62,729 -3,631
May 2020 -65,689 62,269 -3,421
Jun 2020 -65,015 61,809 -3,206
Jul 2020 -64,337 61,349 -2,988
Aug 2020 -63,654 60,889 -2,766
Sep 2020 -62,968 60,429 -2,539
Oct 2020 -62,277 59,969 -2,309
Nov 2020 -61,583 59,509 -2,075
Dec 2020 -60,885 59,049 -1,836
End Of Year 1 of Loan
Jan 2021 -60,182 58,589 -1,594
Feb 2021 -59,476 58,129 -1,347
Mar 2021 -58,765 57,669 -1,097
Apr 2021 -58,050 57,209 -842
May 2021 -57,332 56,749 -583
Jun 2021 -56,609 56,289 -321
Jul 2021 -55,882 55,829 -54
Aug 2021 -55,152 55,369 217
Sep 2021 -54,417 54,909 491
Oct 2021 -53,678 54,449 770
Nov 2021 -52,935 53,989 1,053
Dec 2021 -52,189 53,529 1,340
End Of Year 2 of Loan
Jan 2022 -51,438 53,069 1,631
Feb 2022 -50,683 52,609 1,926
Mar 2022 -49,924 52,149 2,225
Apr 2022 -49,161 51,689 2,528
May 2022 -48,394 51,229 2,835
Jun 2022 -47,623 50,769 3,146
Jul 2022 -46,848 50,309 3,461
Aug 2022 -46,069 49,849 3,780
Sep 2022 -45,286 49,389 4,103
Oct 2022 -44,498 48,929 4,430
Nov 2022 -43,707 47,047 3,339
Dec 2022 -42,912 46,587 3,675
End Of Year 3 of Loan
Jan 2023 -42,113 46,127 4,014
Feb 2023 -41,309 45,667 4,357
Mar 2023 -40,502 45,207 4,704
Apr 2023 -39,691 44,747 5,056
May 2023 -38,875 44,287 5,411
Jun 2023 -38,056 43,827 5,771
Jul 2023 -37,233 43,367 6,134
Aug 2023 -36,405 42,907 6,502
Sep 2023 -35,574 42,447 6,873
Oct 2023 -34,738 41,987 7,249
Nov 2023 -33,898 40,105 6,206
Dec 2023 -33,055 39,645 6,590
End Of Year 4 of Loan
Jan 2024 -32,207 39,185 6,977
Feb 2024 -31,356 38,725 7,369
Mar 2024 -30,500 38,265 7,765
Apr 2024 -29,640 37,805 8,165
May 2024 -28,776 37,345 8,568
Jun 2024 -27,909 36,885 8,976
Jul 2024 -27,037 36,425 9,388
Aug 2024 -26,161 35,965 9,804
Sep 2024 -25,281 35,505 10,224
Oct 2024 -24,397 35,045 10,648
Nov 2024 -23,509 33,163 9,654
Dec 2024 -22,617 32,703 10,086
End Of Year 5 of Loan
Jan 2025 -21,721 32,243 10,522
Feb 2025 -20,821 31,783 10,962
Mar 2025 -19,917 31,323 11,406
Apr 2025 -19,009 30,863 11,854
May 2025 -18,097 30,403 12,306
Jun 2025 -17,181 29,943 12,762
Jul 2025 -16,260 29,483 13,222
Aug 2025 -15,336 29,023 13,687
Sep 2025 -14,408 28,563 14,155
Oct 2025 -13,476 28,103 14,627
Nov 2025 -12,539 26,221 13,682
Dec 2025 -11,599 25,761 14,162
End Of Year 6 of Loan
Jan 2026 -10,654 25,301 14,646
Feb 2026 -9,706 24,841 15,135
Mar 2026 -8,754 24,381 15,627
Apr 2026 -7,797 23,921 16,124
May 2026 -6,837 23,461 16,624
Jun 2026 -5,872 23,001 17,129
Jul 2026 -4,903 22,541 17,637
Aug 2026 -3,931 22,081 18,150
Sep 2026 -2,954 21,621 18,667
Oct 2026 -1,973 21,161 19,187
Nov 2026 -989 19,279 18,290
Dec 2026 0 18,819 18,819
Jan 2027 0 18,359 18,359
Feb 2027 0 17,899 17,899
Mar 2027 0 17,439 17,439
Apr 2027 0 16,979 16,979
May 2027 0 16,519 16,519
Jun 2027 0 16,059 16,059
Jul 2027 0 15,599 15,599
Aug 2027 0 15,139 15,139
Sep 2027 0 14,679 14,679
Oct 2027 0 14,219 14,219
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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