$35,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
10 Feb 2010 (0 years, 10 months remaining)
Months
(0 years, 10 months )
%

$43,054 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$22,400
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$35,800
Monthly Installment
$2,201.34 /month for 0 years, 10 months (10 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$10,740 (30% of Car Price)
1st Installment
$2,201.34
Total Upfront Payment
$12,966.34

Loan Details

Total Loan
$25,060 Information
Total Interest
$533 Information
Total Sum Paid
$25,593 at the end of 0 years, 10 months (10 months)

Other Car Financial Details

COE
$22,400 Information
ARF Paid
$43,054 Information
PARF Rebate
You get back $21,527 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 -19,376 23,207 3,831
Feb 2022 -17,262 23,020 5,759
Mar 2022 -15,138 22,834 7,696
Apr 2022 -13,004 22,647 9,643
May 2022 -10,861 22,460 11,599
Jun 2022 -8,708 22,274 13,565
Jul 2022 -6,546 22,087 15,541
Aug 2022 -4,374 21,900 17,527
Sep 2022 -2,192 21,714 19,522
Oct 2022 0 21,527 21,527
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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