$61,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

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

$22,078 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
-
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$61,500
Monthly Installment
$3,781.64 /month for 0 years, 10 months (10 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$18,450 (30% of Car Price)
1st Installment
$3,781.64
Total Upfront Payment
$22,256.64

Loan Details

Total Loan
$43,050 Information
Total Interest
$916 Information
Total Sum Paid
$43,966 at the end of 0 years, 10 months (10 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$22,078 Information
PARF Rebate
You get back $11,039 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 2019 -33,285 11,039 -22,246
Jul 2019 -29,653 11,039 -18,614
Aug 2019 -26,005 11,039 -14,966
Sep 2019 -22,340 11,039 -11,301
Oct 2019 -18,658 11,039 -7,619
Nov 2019 -14,960 11,039 -3,921
Dec 2019 -11,245 11,039 -206
Jan 2020 -7,513 11,039 3,526
Feb 2020 -3,765 11,039 7,274
Mar 2020 0 11,039 11,039
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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