$65,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
17 Dec 2017 (6 years, 8 months remaining)
Months
(6 years, 8 months )
%

$26,098 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$42,399
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$65,000
Monthly Installment
$584.35 /month for 6 years, 8 months (80 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$19,500 (30% of Car Price)
1st Installment
$584.35
Total Upfront Payment
$20,109.35

Loan Details

Total Loan
$45,500 Information
Total Interest
$7,748 Information
Total Sum Paid
$53,248 at the end of 6 years, 8 months (80 months)

Other Car Financial Details

COE
$42,399 Information
ARF Paid
$28,537 Information
PARF Rebate
You get back $14,269 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$7,612 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'.
May 2021 -38,607 47,486 8,879
Jun 2021 -38,212 47,133 8,921
Jul 2021 -37,814 46,780 8,966
Aug 2021 -37,413 46,426 9,013
Sep 2021 -37,011 46,073 9,062
Oct 2021 -36,606 45,720 9,114
Nov 2021 -36,198 45,366 9,168
Dec 2021 -35,789 45,013 9,224
Jan 2022 -35,377 44,660 9,283
Feb 2022 -34,962 44,306 9,344
Mar 2022 -34,545 43,953 9,408
Apr 2022 -34,126 43,600 9,474
End Of Year 1 of Loan
May 2022 -33,704 43,246 9,542
Jun 2022 -33,280 42,893 9,613
Jul 2022 -32,853 42,540 9,686
Aug 2022 -32,424 42,186 9,762
Sep 2022 -31,993 41,833 9,840
Oct 2022 -31,559 41,480 9,920
Nov 2022 -31,123 41,126 10,003
Dec 2022 -30,685 40,773 10,088
Jan 2023 -30,244 39,115 8,871
Feb 2023 -29,801 38,761 8,961
Mar 2023 -29,355 38,408 9,053
Apr 2023 -28,907 38,055 9,148
End Of Year 2 of Loan
May 2023 -28,457 37,701 9,245
Jun 2023 -28,004 37,348 9,344
Jul 2023 -27,549 36,995 9,446
Aug 2023 -27,091 36,642 9,551
Sep 2023 -26,631 36,288 9,657
Oct 2023 -26,169 35,935 9,766
Nov 2023 -25,704 35,582 9,878
Dec 2023 -25,237 35,228 9,992
Jan 2024 -24,767 33,570 8,803
Feb 2024 -24,295 33,217 8,922
Mar 2024 -23,821 32,863 9,043
Apr 2024 -23,344 32,510 9,166
End Of Year 3 of Loan
May 2024 -22,865 32,157 9,292
Jun 2024 -22,383 31,803 9,420
Jul 2024 -21,899 31,450 9,551
Aug 2024 -21,413 31,097 9,684
Sep 2024 -20,924 30,743 9,819
Oct 2024 -20,433 30,390 9,957
Nov 2024 -19,940 30,037 10,097
Dec 2024 -19,444 29,683 10,239
Jan 2025 -18,946 28,025 9,079
Feb 2025 -18,445 27,672 9,227
Mar 2025 -17,942 27,319 9,377
Apr 2025 -17,437 26,965 9,529
End Of Year 4 of Loan
May 2025 -16,929 26,612 9,683
Jun 2025 -16,419 26,259 9,840
Jul 2025 -15,906 25,905 9,999
Aug 2025 -15,391 25,552 10,161
Sep 2025 -14,874 25,199 10,325
Oct 2025 -14,354 24,845 10,492
Nov 2025 -13,832 24,492 10,660
Dec 2025 -13,307 24,139 10,832
Jan 2026 -12,780 22,480 9,700
Feb 2026 -12,251 22,127 9,876
Mar 2026 -11,719 21,774 10,055
Apr 2026 -11,185 21,420 10,236
End Of Year 5 of Loan
May 2026 -10,648 21,067 10,419
Jun 2026 -10,109 20,714 10,604
Jul 2026 -9,568 20,360 10,792
Aug 2026 -9,024 20,007 10,983
Sep 2026 -8,478 19,654 11,175
Oct 2026 -7,930 19,300 11,371
Nov 2026 -7,379 18,947 11,568
Dec 2026 -6,826 18,594 11,768
Jan 2027 -6,270 16,936 10,666
Feb 2027 -5,712 16,582 10,870
Mar 2027 -5,152 16,229 11,077
Apr 2027 -4,589 15,876 11,287
End Of Year 6 of Loan
May 2027 -4,023 15,522 11,499
Jun 2027 -3,456 15,169 11,713
Jul 2027 -2,886 14,816 11,930
Aug 2027 -2,313 14,462 12,149
Sep 2027 -1,739 14,109 12,370
Oct 2027 -1,162 13,756 12,594
Nov 2027 -582 13,402 12,820
Dec 2027 0 13,049 13,049
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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