$89,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
2 Nov 2009 (1 years, 8 months remaining)
Months
(1 years, 8 months )
%

-
COE Car  

Results

Financial Commitment

Car Price
$89,800
Monthly Installment
$2,827.80 /month for 1 years, 8 months (20 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$26,940 (30% of Car Price)
1st Installment
$2,827.80
Total Upfront Payment
$29,792.80

Loan Details

Total Loan
$62,860 Information
Total Interest
$2,676 Information
Total Sum Paid
$65,536 at the end of 1 years, 8 months (20 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$38,523 Information
PARF Rebate
You get back $19,262 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'.
Aug 2021 -51,307 0 -51,307
Sep 2021 -48,721 0 -48,721
Oct 2021 -46,123 0 -46,123
Nov 2021 -43,512 0 -43,512
Dec 2021 -40,888 0 -40,888
Jan 2022 -38,251 0 -38,251
Feb 2022 -35,602 0 -35,602
Mar 2022 -32,940 0 -32,940
Apr 2022 -30,265 0 -30,265
May 2022 -27,577 0 -27,577
Jun 2022 -24,877 0 -24,877
Jul 2022 -22,164 0 -22,164
End Of Year 1 of Loan
Aug 2022 -19,438 0 -19,438
Sep 2022 -16,699 0 -16,699
Oct 2022 -13,948 0 -13,948
Nov 2022 -11,184 0 -11,184
Dec 2022 -8,407 0 -8,407
Jan 2023 -5,617 0 -5,617
Feb 2023 -2,815 0 -2,815
Mar 2023 0 0 0
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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