$22,900

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
22 Jun 2009 (2 years, 2 months remaining)
Months
(2 years, 2 months )
%

$28,177
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$14,367
Commercial  

Results

Financial Commitment

Car Price
$22,900
Monthly Installment
$562.58 /month for 2 years, 2 months (26 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$6,870 (30% of Car Price)
1st Installment
$562.58
Total Upfront Payment
$7,457.58

Loan Details

Total Loan
$16,030 Information
Total Interest
$887 Information
Total Sum Paid
$16,917 at the end of 2 years, 2 months (26 months)

Other Car Financial Details

COE
$14,367 Information
ARF Paid
$28,177 Information
PARF Rebate
You get back $14,089 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 -13,243 2,993 -10,250
Dec 2021 -12,744 2,873 -9,870
Jan 2022 -12,242 2,754 -9,488
Feb 2022 -11,737 2,634 -9,103
Mar 2022 -11,230 2,514 -8,716
Apr 2022 -10,721 2,395 -8,326
May 2022 -10,209 2,275 -7,934
Jun 2022 -9,694 2,155 -7,539
Jul 2022 -9,177 2,035 -7,142
Aug 2022 -8,658 1,916 -6,742
Sep 2022 -8,135 1,796 -6,340
Oct 2022 -7,611 1,676 -5,935
End Of Year 1 of Loan
Nov 2022 -7,084 1,556 -5,527
Dec 2022 -6,554 1,437 -5,117
Jan 2023 -6,022 1,317 -4,705
Feb 2023 -5,487 1,197 -4,290
Mar 2023 -4,950 1,078 -3,872
Apr 2023 -4,410 958 -3,452
May 2023 -3,867 838 -3,029
Jun 2023 -3,322 718 -2,604
Jul 2023 -2,775 599 -2,176
Aug 2023 -2,225 479 -1,746
Sep 2023 -1,673 359 -1,313
Oct 2023 -1,118 239 -878
End Of Year 2 of Loan
Nov 2023 -560 120 -440
Dec 2023 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