$89,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
2 Nov 2009 (1 years, 6 months remaining)
Months
(1 years, 6 months )
%

-
COE Car  

Results

Financial Commitment

Car Price
$89,800
Monthly Installment
$3,127.14 /month for 1 years, 6 months (18 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$26,940 (30% of Car Price)
1st Installment
$3,127.14
Total Upfront Payment
$30,092.14

Loan Details

Total Loan
$62,860 Information
Total Interest
$2,408 Information
Total Sum Paid
$65,268 at the end of 1 years, 6 months (18 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'.
Jun 2021 -51,006 0 -51,006
Jul 2021 -48,119 0 -48,119
Aug 2021 -45,217 0 -45,217
Sep 2021 -42,301 0 -42,301
Oct 2021 -39,371 0 -39,371
Nov 2021 -36,427 0 -36,427
Dec 2021 -33,469 0 -33,469
Jan 2022 -30,497 0 -30,497
Feb 2022 -27,510 0 -27,510
Mar 2022 -24,510 0 -24,510
Apr 2022 -21,496 0 -21,496
May 2022 -18,467 0 -18,467
End Of Year 1 of Loan
Jun 2022 -15,424 0 -15,424
Jul 2022 -12,368 0 -12,368
Aug 2022 -9,297 0 -9,297
Sep 2022 -6,212 0 -6,212
Oct 2022 -3,113 0 -3,113
Nov 2022 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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