$120,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
23 Mar 2017 (6 years, 3 months remaining)
Months
(6 years, 3 months )
%

$34,815 Information
Based on this OMV and registration date, this car is eligible for minimum 40% down payment.
$51,109
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$120,800
Monthly Installment
$1,146.39 /month for 6 years, 3 months (75 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$48,320 (40% of Car Price)
1st Installment
$1,146.39
Total Upfront Payment
$49,491.39

Loan Details

Total Loan
$72,480 Information
Total Interest
$13,499 Information
Total Sum Paid
$85,979 at the end of 6 years, 3 months (75 months)

Other Car Financial Details

COE
$51,109 Information
ARF Paid
$40,741 Information
PARF Rebate
You get back $20,371 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'.
Jan 2022 -71,689 57,628 -14,060
Feb 2022 -70,893 57,203 -13,690
Mar 2022 -70,092 56,777 -13,316
Apr 2022 -69,287 56,351 -12,936
May 2022 -68,477 55,925 -12,552
Jun 2022 -67,662 55,499 -12,163
Jul 2022 -66,843 55,073 -11,770
Aug 2022 -66,018 54,647 -11,371
Sep 2022 -65,189 54,221 -10,968
Oct 2022 -64,355 53,795 -10,560
Nov 2022 -63,517 53,369 -10,148
Dec 2022 -62,674 52,943 -9,730
End Of Year 1 of Loan
Jan 2023 -61,826 52,518 -9,308
Feb 2023 -60,973 52,092 -8,881
Mar 2023 -60,115 51,666 -8,450
Apr 2023 -59,253 49,499 -9,754
May 2023 -58,386 49,073 -9,313
Jun 2023 -57,515 48,647 -8,867
Jul 2023 -56,638 48,221 -8,417
Aug 2023 -55,757 47,795 -7,962
Sep 2023 -54,871 47,370 -7,502
Oct 2023 -53,981 46,944 -7,037
Nov 2023 -53,085 46,518 -6,568
Dec 2023 -52,185 46,092 -6,093
End Of Year 2 of Loan
Jan 2024 -51,280 45,666 -5,614
Feb 2024 -50,371 45,240 -5,131
Mar 2024 -49,457 44,814 -4,642
Apr 2024 -48,538 42,647 -5,890
May 2024 -47,614 42,222 -5,392
Jun 2024 -46,685 41,796 -4,890
Jul 2024 -45,752 41,370 -4,382
Aug 2024 -44,814 40,944 -3,870
Sep 2024 -43,871 40,518 -3,353
Oct 2024 -42,924 40,092 -2,832
Nov 2024 -41,972 39,666 -2,306
Dec 2024 -41,015 39,240 -1,775
End Of Year 3 of Loan
Jan 2025 -40,053 38,814 -1,239
Feb 2025 -39,087 38,388 -698
Mar 2025 -38,116 37,962 -153
Apr 2025 -37,140 35,796 -1,344
May 2025 -36,159 35,370 -789
Jun 2025 -35,174 34,944 -230
Jul 2025 -34,184 34,518 334
Aug 2025 -33,189 34,092 903
Sep 2025 -32,189 33,666 1,477
Oct 2025 -31,185 33,240 2,055
Nov 2025 -30,176 32,814 2,639
Dec 2025 -29,162 32,389 3,226
End Of Year 4 of Loan
Jan 2026 -28,144 31,963 3,819
Feb 2026 -27,120 31,537 4,416
Mar 2026 -26,092 31,111 5,018
Apr 2026 -25,060 28,944 3,884
May 2026 -24,022 28,518 4,496
Jun 2026 -22,980 28,092 5,112
Jul 2026 -21,933 27,666 5,733
Aug 2026 -20,881 27,241 6,359
Sep 2026 -19,825 26,815 6,990
Oct 2026 -18,764 26,389 7,625
Nov 2026 -17,698 25,963 8,265
Dec 2026 -16,627 25,537 8,909
End Of Year 5 of Loan
Jan 2027 -15,552 25,111 9,559
Feb 2027 -14,472 24,685 10,213
Mar 2027 -13,387 24,259 10,872
Apr 2027 -12,298 22,092 9,795
May 2027 -11,203 21,667 10,463
Jun 2027 -10,104 21,241 11,136
Jul 2027 -9,001 20,815 11,814
Aug 2027 -7,892 20,389 12,497
Sep 2027 -6,779 19,963 13,184
Oct 2027 -5,661 19,537 13,876
Nov 2027 -4,538 19,111 14,573
Dec 2027 -3,411 18,685 15,274
End Of Year 6 of Loan
Jan 2028 -2,279 18,259 15,981
Feb 2028 -1,142 17,833 16,692
Mar 2028 0 17,408 17,408
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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