$24,688

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
10 Jan 2009 (2 years, 4 months remaining)
Months
(2 years, 4 months )
%

$13,024
COE Car  

Results

Financial Commitment

Car Price
$24,688
Monthly Installment
$660.12 /month for 2 years, 4 months (28 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,406 (30% of Car Price)
1st Installment
$660.12
Total Upfront Payment
$8,091.52

Loan Details

Total Loan
$17,282 Information
Total Interest
$1,202 Information
Total Sum Paid
$18,483 at the end of 2 years, 4 months (28 months)

Other Car Financial Details

COE
$13,024 Information
ARF Paid
$11,527 Information
PARF Rebate
You get back $5,764 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'.
Nov 2021 -16,704 2,930 -13,774
Dec 2021 -16,124 2,822 -13,302
Jan 2022 -15,541 2,713 -12,828
Feb 2022 -14,955 2,605 -12,350
Mar 2022 -14,366 2,496 -11,870
Apr 2022 -13,774 2,388 -11,386
May 2022 -13,179 2,279 -10,900
Jun 2022 -12,581 2,171 -10,410
Jul 2022 -11,980 2,062 -9,918
Aug 2022 -11,376 1,954 -9,422
Sep 2022 -10,769 1,845 -8,924
Oct 2022 -10,159 1,737 -8,423
End Of Year 1 of Loan
Nov 2022 -9,547 1,628 -7,919
Dec 2022 -8,931 1,519 -7,411
Jan 2023 -8,312 1,411 -6,901
Feb 2023 -7,691 1,302 -6,388
Mar 2023 -7,066 1,194 -5,872
Apr 2023 -6,438 1,085 -5,353
May 2023 -5,808 977 -4,831
Jun 2023 -5,174 868 -4,306
Jul 2023 -4,538 760 -3,778
Aug 2023 -3,899 651 -3,247
Sep 2023 -3,256 543 -2,714
Oct 2023 -2,611 434 -2,177
End Of Year 2 of Loan
Nov 2023 -1,963 326 -1,637
Dec 2023 -1,311 217 -1,094
Jan 2024 -657 109 -549
Feb 2024 0 0 0
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