$80,000


Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
8 Jan 2018 (6 years, 5 months remaining)
Months
(6 years, 5 months )
%

$17,851 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$38,200
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$80,000
Monthly Installment
$866.34 /month for 6 years, 5 months (77 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$24,000 (30% of Car Price)
1st Installment
$866.34
Total Upfront Payment
$24,891.34

Loan Details

Total Loan
$56,000 Information
Total Interest
$10,708 Information
Total Sum Paid
$66,708 at the end of 6 years, 5 months (77 months)

Other Car Financial Details

COE
$38,200 Information
ARF Paid
$17,851 Information
PARF Rebate
You get back $8,926 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$11,062 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'.
Sep 2021 -55,408 37,582 -17,827
Oct 2021 -54,813 37,263 -17,550
Nov 2021 -54,214 36,945 -17,269
Dec 2021 -53,612 36,627 -16,985
Jan 2022 -53,005 36,308 -16,697
Feb 2022 -52,396 35,990 -16,406
Mar 2022 -51,783 35,672 -16,111
Apr 2022 -51,166 35,353 -15,813
May 2022 -50,546 35,035 -15,511
Jun 2022 -49,922 34,717 -15,205
Jul 2022 -49,294 34,398 -14,896
Aug 2022 -48,663 34,080 -14,583
End Of Year 1 of Loan
Sep 2022 -48,029 33,762 -14,267
Oct 2022 -47,391 33,443 -13,947
Nov 2022 -46,749 33,125 -13,624
Dec 2022 -46,104 32,807 -13,297
Jan 2023 -45,455 32,488 -12,967
Feb 2023 -44,803 31,277 -13,525
Mar 2023 -44,147 30,959 -13,188
Apr 2023 -43,487 30,641 -12,846
May 2023 -42,824 30,322 -12,502
Jun 2023 -42,157 30,004 -12,153
Jul 2023 -41,487 29,686 -11,801
Aug 2023 -40,813 29,367 -11,446
End Of Year 2 of Loan
Sep 2023 -40,136 29,049 -11,087
Oct 2023 -39,455 28,731 -10,724
Nov 2023 -38,771 28,412 -10,358
Dec 2023 -38,083 28,094 -9,988
Jan 2024 -37,391 27,776 -9,615
Feb 2024 -36,696 26,565 -10,131
Mar 2024 -35,997 26,246 -9,750
Apr 2024 -35,295 25,928 -9,367
May 2024 -34,589 25,610 -8,979
Jun 2024 -33,879 25,291 -8,588
Jul 2024 -33,166 24,973 -8,193
Aug 2024 -32,450 24,655 -7,795
End Of Year 3 of Loan
Sep 2024 -31,730 24,336 -7,393
Oct 2024 -31,006 24,018 -6,988
Nov 2024 -30,279 23,700 -6,579
Dec 2024 -29,548 23,381 -6,166
Jan 2025 -28,813 23,063 -5,750
Feb 2025 -28,075 21,852 -6,223
Mar 2025 -27,334 21,534 -5,800
Apr 2025 -26,589 21,216 -5,373
May 2025 -25,840 20,897 -4,943
Jun 2025 -25,088 20,579 -4,509
Jul 2025 -24,332 20,261 -4,071
Aug 2025 -23,573 19,942 -3,630
End Of Year 4 of Loan
Sep 2025 -22,810 19,624 -3,186
Oct 2025 -22,043 19,306 -2,738
Nov 2025 -21,273 18,987 -2,286
Dec 2025 -20,500 18,669 -1,831
Jan 2026 -19,722 18,351 -1,372
Feb 2026 -18,942 17,140 -1,802
Mar 2026 -18,157 16,821 -1,336
Apr 2026 -17,369 16,503 -866
May 2026 -16,578 16,185 -393
Jun 2026 -15,783 15,866 83
Jul 2026 -14,984 15,548 564
Aug 2026 -14,182 15,230 1,048
End Of Year 5 of Loan
Sep 2026 -13,376 14,911 1,535
Oct 2026 -12,567 14,593 2,026
Nov 2026 -11,754 14,275 2,520
Dec 2026 -10,938 13,956 3,018
Jan 2027 -10,118 13,638 3,520
Feb 2027 -9,294 12,427 3,133
Mar 2027 -8,467 12,109 3,642
Apr 2027 -7,637 11,791 4,154
May 2027 -6,802 11,472 4,670
Jun 2027 -5,965 11,154 5,189
Jul 2027 -5,123 10,836 5,712
Aug 2027 -4,278 10,517 6,239
End Of Year 6 of Loan
Sep 2027 -3,430 10,199 6,769
Oct 2027 -2,578 9,881 7,303
Nov 2027 -1,722 9,562 7,840
Dec 2027 -863 9,244 8,381
Jan 2028 0 8,926 8,926
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