$71,888

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
21 Jun 2018 (6 years, 7 months remaining)
Months
(6 years, 7 months )
%

$17,094 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$38,700
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$71,888
Monthly Installment
$761.95 /month for 6 years, 7 months (79 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$21,566 (30% of Car Price)
1st Installment
$761.95
Total Upfront Payment
$22,353.35

Loan Details

Total Loan
$50,322 Information
Total Interest
$9,872 Information
Total Sum Paid
$60,194 at the end of 6 years, 7 months (79 months)

Other Car Financial Details

COE
$38,700 Information
ARF Paid
$17,094 Information
PARF Rebate
You get back $8,547 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$9,670 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 2023 -49,806 37,976 -11,831
Feb 2023 -49,288 37,653 -11,635
Mar 2023 -48,767 37,331 -11,436
Apr 2023 -48,242 37,008 -11,234
May 2023 -47,715 36,686 -11,029
Jun 2023 -47,184 36,363 -10,821
Jul 2023 -46,650 36,041 -10,610
Aug 2023 -46,113 35,718 -10,395
Sep 2023 -45,573 35,396 -10,177
Oct 2023 -45,030 35,073 -9,957
Nov 2023 -44,483 34,751 -9,733
Dec 2023 -43,934 34,428 -9,506
End Of Year 1 of Loan
Jan 2024 -43,381 34,106 -9,276
Feb 2024 -42,825 33,783 -9,042
Mar 2024 -42,266 33,461 -8,806
Apr 2024 -41,704 33,138 -8,566
May 2024 -41,139 32,816 -8,324
Jun 2024 -40,571 32,493 -8,078
Jul 2024 -40,000 32,171 -7,829
Aug 2024 -39,425 30,993 -8,432
Sep 2024 -38,848 30,671 -8,177
Oct 2024 -38,267 30,348 -7,919
Nov 2024 -37,683 30,026 -7,657
Dec 2024 -37,096 29,703 -7,393
End Of Year 2 of Loan
Jan 2025 -36,506 29,381 -7,125
Feb 2025 -35,913 29,058 -6,854
Mar 2025 -35,316 28,736 -6,580
Apr 2025 -34,717 28,413 -6,303
May 2025 -34,114 28,091 -6,023
Jun 2025 -33,508 27,768 -5,740
Jul 2025 -32,900 27,446 -5,454
Aug 2025 -32,288 26,269 -6,019
Sep 2025 -31,672 25,946 -5,726
Oct 2025 -31,054 25,624 -5,431
Nov 2025 -30,433 25,301 -5,132
Dec 2025 -29,808 24,979 -4,830
End Of Year 3 of Loan
Jan 2026 -29,181 24,656 -4,525
Feb 2026 -28,550 24,334 -4,216
Mar 2026 -27,916 24,011 -3,905
Apr 2026 -27,279 23,689 -3,591
May 2026 -26,639 23,366 -3,273
Jun 2026 -25,996 23,044 -2,952
Jul 2026 -25,349 22,721 -2,628
Aug 2026 -24,700 21,544 -3,156
Sep 2026 -24,047 21,221 -2,826
Oct 2026 -23,392 20,899 -2,493
Nov 2026 -22,733 20,576 -2,156
Dec 2026 -22,071 20,254 -1,817
End Of Year 4 of Loan
Jan 2027 -21,406 19,931 -1,474
Feb 2027 -20,737 19,609 -1,129
Mar 2027 -20,066 19,286 -780
Apr 2027 -19,392 18,964 -428
May 2027 -18,714 18,641 -73
Jun 2027 -18,033 18,319 286
Jul 2027 -17,350 17,996 647
Aug 2027 -16,663 16,819 157
Sep 2027 -15,972 16,497 524
Oct 2027 -15,279 16,174 895
Nov 2027 -14,583 15,852 1,269
Dec 2027 -13,883 15,529 1,646
End Of Year 5 of Loan
Jan 2028 -13,181 15,207 2,026
Feb 2028 -12,475 14,884 2,409
Mar 2028 -11,766 14,562 2,795
Apr 2028 -11,054 14,239 3,185
May 2028 -10,339 13,917 3,577
Jun 2028 -9,621 13,594 3,973
Jul 2028 -8,900 13,272 4,372
Aug 2028 -8,175 12,095 3,919
Sep 2028 -7,448 11,772 4,324
Oct 2028 -6,717 11,450 4,733
Nov 2028 -5,983 11,127 5,144
Dec 2028 -5,246 10,805 5,558
End Of Year 6 of Loan
Jan 2029 -4,506 10,482 5,976
Feb 2029 -3,763 10,160 6,397
Mar 2029 -3,017 9,837 6,820
Apr 2029 -2,267 9,515 7,247
May 2029 -1,515 9,192 7,677
Jun 2029 -759 8,870 8,111
Jul 2029 0 8,547 8,547
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