$57,888

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
28 Dec 2009 (1 years, 10 months remaining)
Months
(1 years, 10 months )
%

$26,585 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
-
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$57,888
Monthly Installment
$1,665.02 /month for 1 years, 10 months (22 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$17,366 (30% of Car Price)
1st Installment
$1,665.02
Total Upfront Payment
$19,056.42

Loan Details

Total Loan
$40,522 Information
Total Interest
$1,898 Information
Total Sum Paid
$42,419 at the end of 1 years, 10 months (22 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$26,585 Information
PARF Rebate
You get back $13,293 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 -33,233 14,622 -18,611
Dec 2021 -31,725 14,622 -17,104
Jan 2022 -30,210 14,622 -15,589
Feb 2022 -28,688 14,622 -14,066
Mar 2022 -27,158 14,622 -12,536
Apr 2022 -25,620 14,622 -10,998
May 2022 -24,075 14,622 -9,453
Jun 2022 -22,523 14,622 -7,901
Jul 2022 -20,963 14,622 -6,341
Aug 2022 -19,395 14,622 -4,773
Sep 2022 -17,820 13,293 -4,528
Oct 2022 -16,238 13,293 -2,945
End Of Year 1 of Loan
Nov 2022 -14,648 13,293 -1,355
Dec 2022 -13,050 13,293 242
Jan 2023 -11,445 13,293 1,847
Feb 2023 -9,833 13,293 3,460
Mar 2023 -8,213 13,293 5,080
Apr 2023 -6,585 13,293 6,707
May 2023 -4,950 13,293 8,342
Jun 2023 -3,308 13,293 9,985
Jul 2023 -1,658 13,293 11,635
Aug 2023 0 13,293 13,293
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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