$57,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
1 Jul 2011 (0 years, 7 months remaining)
Months
(0 years, 7 months )
%

$44,376 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$67,700
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$57,800
Monthly Installment
$5,040.41 /month for 0 years, 7 months (7 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$17,340 (30% of Car Price)
1st Installment
$5,040.41
Total Upfront Payment
$22,405.41

Loan Details

Total Loan
$40,460 Information
Total Interest
$603 Information
Total Sum Paid
$41,063 at the end of 0 years, 7 months (7 months)

Other Car Financial Details

COE
$67,700 Information
ARF Paid
$44,376 Information
PARF Rebate
You get back $22,188 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'.
Jan 2022 -29,790 25,573 -4,217
Feb 2022 -24,879 25,009 130
Mar 2022 -19,946 24,445 4,498
Apr 2022 -14,992 23,881 8,888
May 2022 -10,016 23,316 13,300
Jun 2022 -5,019 22,752 17,733
Jul 2022 0 22,188 22,188
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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