$19,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
19 Jan 2010 (1 years, 2 months remaining)
Months
(1 years, 2 months )
%

$21,622 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$19,190
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$19,800
Monthly Installment
$878.07 /month for 1 years, 2 months (14 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$5,940 (30% of Car Price)
1st Installment
$878.07
Total Upfront Payment
$6,843.07

Loan Details

Total Loan
$13,860 Information
Total Interest
$413 Information
Total Sum Paid
$14,273 at the end of 1 years, 2 months (14 months)

Other Car Financial Details

COE
$19,190 Information
ARF Paid
$21,622 Information
PARF Rebate
You get back $10,811 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'.
Apr 2021 -11,057 13,971 2,914
May 2021 -10,230 13,811 3,581
Jun 2021 -9,399 12,570 3,171
Jul 2021 -8,564 12,410 3,846
Aug 2021 -7,726 12,250 4,525
Sep 2021 -6,883 12,090 5,207
Oct 2021 -6,036 11,930 5,894
Nov 2021 -5,186 11,771 6,585
Dec 2021 -4,331 11,611 7,279
Jan 2022 -3,473 11,451 7,978
Feb 2022 -2,611 11,291 8,680
Mar 2022 -1,744 11,131 9,386
End Of Year 1 of Loan
Apr 2022 -874 10,971 10,097
May 2022 0 10,811 10,811
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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