$59,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
31 Oct 2016 (7 years remaining)
Months
(7 years)
%

$21,922 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$33,000
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$59,800
Monthly Installment
$516.24 /month for 7 years (84 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$17,940 (30% of Car Price)
1st Installment
$516.24
Total Upfront Payment
$18,481.24

Loan Details

Total Loan
$41,860 Information
Total Interest
$7,485 Information
Total Sum Paid
$49,345 at the end of 7 years (84 months)

Other Car Financial Details

COE
$33,000 Information
ARF Paid
$22,691 Information
PARF Rebate
You get back $11,345 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$6,883 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'.
Nov 2019 -35,540 39,267 3,727
Dec 2019 -35,198 38,992 3,794
Jan 2020 -34,853 38,717 3,863
Feb 2020 -34,507 38,442 3,935
Mar 2020 -34,158 38,167 4,008
Apr 2020 -33,808 37,892 4,084
May 2020 -33,455 37,617 4,161
Jun 2020 -33,100 37,342 4,241
Jul 2020 -32,743 37,067 4,323
Aug 2020 -32,384 36,792 4,407
Sep 2020 -32,023 36,517 4,493
Oct 2020 -31,660 36,242 4,582
End Of Year 1 of Loan
Nov 2020 -31,295 35,967 4,672
Dec 2020 -30,927 35,692 4,764
Jan 2021 -30,558 35,417 4,859
Feb 2021 -30,186 35,142 4,955
Mar 2021 -29,813 34,867 5,054
Apr 2021 -29,437 34,592 5,155
May 2021 -29,059 34,317 5,258
Jun 2021 -28,679 34,042 5,363
Jul 2021 -28,297 33,767 5,470
Aug 2021 -27,913 33,492 5,579
Sep 2021 -27,526 33,217 5,690
Oct 2021 -27,138 32,942 5,803
End Of Year 2 of Loan
Nov 2021 -26,748 31,570 4,823
Dec 2021 -26,355 31,295 4,940
Jan 2022 -25,960 31,020 5,060
Feb 2022 -25,564 30,745 5,182
Mar 2022 -25,165 30,470 5,306
Apr 2022 -24,764 30,195 5,432
May 2022 -24,361 29,920 5,560
Jun 2022 -23,956 29,645 5,690
Jul 2022 -23,549 29,370 5,822
Aug 2022 -23,139 29,095 5,956
Sep 2022 -22,728 28,820 6,093
Oct 2022 -22,314 28,545 6,231
End Of Year 3 of Loan
Nov 2022 -21,899 27,174 5,276
Dec 2022 -21,481 26,899 5,418
Jan 2023 -21,061 26,624 5,563
Feb 2023 -20,639 26,349 5,710
Mar 2023 -20,215 26,074 5,859
Apr 2023 -19,789 25,799 6,010
May 2023 -19,361 25,524 6,163
Jun 2023 -18,931 25,249 6,319
Jul 2023 -18,498 24,974 6,476
Aug 2023 -18,064 24,699 6,636
Sep 2023 -17,627 24,424 6,797
Oct 2023 -17,189 24,149 6,961
End Of Year 4 of Loan
Nov 2023 -16,748 22,778 6,030
Dec 2023 -16,305 22,503 6,198
Jan 2024 -15,860 22,228 6,368
Feb 2024 -15,413 21,953 6,540
Mar 2024 -14,964 21,678 6,714
Apr 2024 -14,512 21,403 6,891
May 2024 -14,059 21,128 7,069
Jun 2024 -13,604 20,853 7,250
Jul 2024 -13,146 20,578 7,432
Aug 2024 -12,686 20,303 7,617
Sep 2024 -12,225 20,028 7,803
Oct 2024 -11,761 19,753 7,992
End Of Year 5 of Loan
Nov 2024 -11,295 18,382 7,087
Dec 2024 -10,827 18,107 7,280
Jan 2025 -10,357 17,832 7,475
Feb 2025 -9,885 17,557 7,672
Mar 2025 -9,410 17,282 7,872
Apr 2025 -8,934 17,007 8,073
May 2025 -8,455 16,732 8,277
Jun 2025 -7,975 16,457 8,482
Jul 2025 -7,492 16,182 8,690
Aug 2025 -7,007 15,907 8,900
Sep 2025 -6,520 15,632 9,112
Oct 2025 -6,031 15,357 9,326
End Of Year 6 of Loan
Nov 2025 -5,540 13,986 8,446
Dec 2025 -5,047 13,711 8,664
Jan 2026 -4,552 13,436 8,884
Feb 2026 -4,054 13,161 9,107
Mar 2026 -3,555 12,886 9,331
Apr 2026 -3,053 12,611 9,558
May 2026 -2,550 12,336 9,786
Jun 2026 -2,044 12,061 10,017
Jul 2026 -1,536 11,786 10,250
Aug 2026 -1,026 11,511 10,485
Sep 2026 -514 11,236 10,722
Oct 2026 0 10,961 10,961
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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