$80,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
24 Oct 2017 (8 years, 8 months remaining)
Months
(7 years)
%

$26,887 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$49,189
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$80,000
Monthly Installment
$690.63 /month for 7 years (84 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$24,000 (30% of Car Price)
1st Installment
$690.63
Total Upfront Payment
$24,715.63

Loan Details

Total Loan
$56,000 Information
Total Interest
$10,013 Information
Total Sum Paid
$66,013 at the end of 7 years (84 months)

Other Car Financial Details

COE
$49,189 Information
ARF Paid
$29,642 Information
PARF Rebate
You get back $14,821 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$7,594 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'.
Apr 2019 -47,545 62,386 14,841
May 2019 -47,087 61,976 14,889
Jun 2019 -46,626 61,566 14,940
Jul 2019 -46,163 61,156 14,993
Aug 2019 -45,697 60,746 15,049
Sep 2019 -45,228 60,336 15,109
Oct 2019 -44,756 59,926 15,170
Nov 2019 -44,281 59,516 15,235
Dec 2019 -43,804 59,107 15,303
Jan 2020 -43,323 58,697 15,373
Feb 2020 -42,840 58,287 15,446
Mar 2020 -42,354 57,877 15,522
End Of Year 1 of Loan
Apr 2020 -41,866 57,467 15,601
May 2020 -41,374 57,057 15,683
Jun 2020 -40,880 56,647 15,767
Jul 2020 -40,383 56,237 15,854
Aug 2020 -39,883 55,827 15,944
Sep 2020 -39,380 55,417 16,037
Oct 2020 -38,875 55,007 16,133
Nov 2020 -38,366 54,598 16,231
Dec 2020 -37,855 54,188 16,332
Jan 2021 -37,341 53,778 16,436
Feb 2021 -36,825 53,368 16,543
Mar 2021 -36,305 52,958 16,653
End Of Year 2 of Loan
Apr 2021 -35,783 52,548 16,765
May 2021 -35,258 52,138 16,880
Jun 2021 -34,730 51,728 16,999
Jul 2021 -34,199 51,318 17,119
Aug 2021 -33,665 50,908 17,243
Sep 2021 -33,129 50,498 17,370
Oct 2021 -32,590 50,089 17,499
Nov 2021 -32,048 49,679 17,631
Dec 2021 -31,503 49,269 17,766
Jan 2022 -30,955 48,859 17,903
Feb 2022 -30,405 48,449 18,044
Mar 2022 -29,852 48,039 18,187
End Of Year 3 of Loan
Apr 2022 -29,296 47,629 18,333
May 2022 -28,737 47,219 18,482
Jun 2022 -28,175 46,809 18,634
Jul 2022 -27,611 46,399 18,788
Aug 2022 -27,044 45,989 18,946
Sep 2022 -26,474 45,580 19,106
Oct 2022 -25,901 45,170 19,269
Nov 2022 -25,325 44,760 19,434
Dec 2022 -24,747 43,005 18,259
Jan 2023 -24,166 42,596 18,430
Feb 2023 -23,582 42,186 18,604
Mar 2023 -22,995 41,776 18,781
End Of Year 4 of Loan
Apr 2023 -22,405 41,366 18,961
May 2023 -21,813 40,956 19,143
Jun 2023 -21,217 40,546 19,329
Jul 2023 -20,619 40,136 19,517
Aug 2023 -20,018 39,726 19,708
Sep 2023 -19,415 39,316 19,902
Oct 2023 -18,808 38,906 20,098
Nov 2023 -18,199 38,497 20,298
Dec 2023 -17,587 36,742 19,155
Jan 2024 -16,972 36,332 19,360
Feb 2024 -16,354 35,922 19,568
Mar 2024 -15,734 35,513 19,779
End Of Year 5 of Loan
Apr 2024 -15,110 35,103 19,992
May 2024 -14,484 34,693 20,208
Jun 2024 -13,855 34,283 20,427
Jul 2024 -13,224 33,873 20,649
Aug 2024 -12,589 33,463 20,874
Sep 2024 -11,952 33,053 21,101
Oct 2024 -11,312 32,643 21,332
Nov 2024 -10,669 32,233 21,565
Dec 2024 -10,023 30,479 20,456
Jan 2025 -9,374 30,069 20,695
Feb 2025 -8,723 29,659 20,936
Mar 2025 -8,069 29,249 21,180
End Of Year 6 of Loan
Apr 2025 -7,412 28,839 21,428
May 2025 -6,752 28,429 21,677
Jun 2025 -6,089 28,020 21,930
Jul 2025 -5,424 27,610 22,186
Aug 2025 -4,756 27,200 22,444
Sep 2025 -4,085 26,790 22,705
Oct 2025 -3,411 26,380 22,969
Nov 2025 -2,734 25,970 23,236
Dec 2025 -2,055 24,216 22,161
Jan 2026 -1,373 23,806 22,433
Feb 2026 -688 23,396 22,708
Mar 2026 0 22,986 22,986
Apr 2026 0 22,576 22,576
May 2026 0 22,166 22,166
Jun 2026 0 21,756 21,756
Jul 2026 0 21,346 21,346
Aug 2026 0 20,936 20,936
Sep 2026 0 20,527 20,527
Oct 2026 0 20,117 20,117
Nov 2026 0 19,707 19,707
Dec 2026 0 17,952 17,952
Jan 2027 0 17,543 17,543
Feb 2027 0 17,133 17,133
Mar 2027 0 16,723 16,723
Apr 2027 0 16,313 16,313
May 2027 0 15,903 15,903
Jun 2027 0 15,493 15,493
Jul 2027 0 15,083 15,083
Aug 2027 0 14,673 14,673
Sep 2027 0 14,263 14,263
Oct 2027 0 13,853 13,853
Nov 2027 0 13,444 13,444
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.

Browse by Car Make