$97,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
14 Feb 2017 (6 years, 8 months remaining)
Months
(6 years, 8 months )
%

$31,592 Information
Based on this OMV and registration date, this car is eligible for minimum 40% down payment.
$48,209
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$97,800
Monthly Installment
$879.22 /month for 6 years, 8 months (80 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$39,120 (40% of Car Price)
1st Installment
$879.22
Total Upfront Payment
$40,024.22

Loan Details

Total Loan
$58,680 Information
Total Interest
$11,658 Information
Total Sum Paid
$70,338 at the end of 6 years, 8 months (80 months)

Other Car Financial Details

COE
$48,209 Information
ARF Paid
$36,229 Information
PARF Rebate
You get back $18,114 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,097 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'.
Aug 2020 -58,089 55,432 -2,657
Sep 2020 -57,494 55,030 -2,464
Oct 2020 -56,895 54,628 -2,267
Nov 2020 -56,293 54,226 -2,067
Dec 2020 -55,687 53,825 -1,863
Jan 2021 -55,078 53,423 -1,655
Feb 2021 -54,465 53,021 -1,444
Mar 2021 -53,848 52,619 -1,229
Apr 2021 -53,228 52,218 -1,010
May 2021 -52,604 51,816 -788
Jun 2021 -51,977 51,414 -563
Jul 2021 -51,346 51,012 -334
End Of Year 1 of Loan
Aug 2021 -50,711 50,611 -101
Sep 2021 -50,073 50,209 136
Oct 2021 -49,432 49,807 376
Nov 2021 -48,786 49,405 619
Dec 2021 -48,137 49,004 866
Jan 2022 -47,485 48,602 1,117
Feb 2022 -46,829 48,200 1,372
Mar 2022 -46,169 47,799 1,630
Apr 2022 -45,506 45,817 312
May 2022 -44,839 45,415 577
Jun 2022 -44,168 45,014 846
Jul 2022 -43,494 44,612 1,118
End Of Year 2 of Loan
Aug 2022 -42,816 44,210 1,394
Sep 2022 -42,135 43,808 1,674
Oct 2022 -41,450 43,407 1,957
Nov 2022 -40,761 43,005 2,244
Dec 2022 -40,069 42,603 2,534
Jan 2023 -39,374 42,201 2,828
Feb 2023 -38,674 41,800 3,126
Mar 2023 -37,971 41,398 3,427
Apr 2023 -37,265 39,417 2,152
May 2023 -36,555 39,015 2,460
Jun 2023 -35,841 38,613 2,772
Jul 2023 -35,124 38,211 3,088
End Of Year 3 of Loan
Aug 2023 -34,403 37,810 3,407
Sep 2023 -33,678 37,408 3,730
Oct 2023 -32,950 37,006 4,056
Nov 2023 -32,218 36,604 4,386
Dec 2023 -31,483 36,203 4,720
Jan 2024 -30,744 35,801 5,057
Feb 2024 -30,002 35,399 5,397
Mar 2024 -29,256 34,998 5,742
Apr 2024 -28,506 33,016 4,510
May 2024 -27,753 32,614 4,862
Jun 2024 -26,996 32,213 5,217
Jul 2024 -26,235 31,811 5,576
End Of Year 4 of Loan
Aug 2024 -25,471 31,409 5,938
Sep 2024 -24,704 31,007 6,304
Oct 2024 -23,932 30,606 6,673
Nov 2024 -23,157 30,204 7,047
Dec 2024 -22,379 29,802 7,423
Jan 2025 -21,597 29,400 7,804
Feb 2025 -20,811 28,999 8,188
Mar 2025 -20,022 28,597 8,575
Apr 2025 -19,229 26,616 7,387
May 2025 -18,433 26,214 7,781
Jun 2025 -17,633 25,812 8,180
Jul 2025 -16,829 25,410 8,582
End Of Year 5 of Loan
Aug 2025 -16,022 25,009 8,987
Sep 2025 -15,211 24,607 9,396
Oct 2025 -14,396 24,205 9,809
Nov 2025 -13,578 23,803 10,225
Dec 2025 -12,757 23,402 10,645
Jan 2026 -11,931 23,000 11,069
Feb 2026 -11,102 22,598 11,496
Mar 2026 -10,270 22,197 11,926
Apr 2026 -9,434 20,215 10,781
May 2026 -8,594 19,813 11,219
Jun 2026 -7,751 19,412 11,661
Jul 2026 -6,904 19,010 12,106
End Of Year 6 of Loan
Aug 2026 -6,054 18,608 12,554
Sep 2026 -5,200 18,206 13,007
Oct 2026 -4,342 17,805 13,463
Nov 2026 -3,481 17,403 13,922
Dec 2026 -2,616 17,001 14,385
Jan 2027 -1,748 16,599 14,852
Feb 2027 -876 16,198 15,322
Mar 2027 0 15,796 15,796
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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