$16,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
21 Apr 2005 (6 years, 2 months remaining)
Months
(6 years, 2 months )
%

$18,469 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$18,200
PARF Car  (min PARF 55% of OMV)

Results

Financial Commitment

Car Price
$16,800
Monthly Installment
$188.12 /month for 6 years, 2 months (74 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$5,040 (30% of Car Price)
1st Installment
$188.12
Total Upfront Payment
$5,253.12

Loan Details

Total Loan
$11,760 Information
Total Interest
$2,161 Information
Total Sum Paid
$13,921 at the end of 6 years, 2 months (74 months)

Other Car Financial Details

COE
$18,200 Information
ARF Paid
$20,316 Information
PARF Rebate
You get back $10,158 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'.
Jul 2021 -11,630 26,309 14,679
Aug 2021 -11,498 26,157 14,659
Sep 2021 -11,366 26,005 14,639
Oct 2021 -11,233 25,854 14,620
Nov 2021 -11,100 25,702 14,602
Dec 2021 -10,965 25,550 14,585
Jan 2022 -10,830 25,399 14,568
Feb 2022 -10,694 25,247 14,553
Mar 2022 -10,558 25,095 14,538
Apr 2022 -10,420 24,944 14,524
May 2022 -10,282 24,792 14,510
Jun 2022 -10,143 24,640 14,498
End Of Year 1 of Loan
Jul 2022 -10,003 24,489 14,486
Aug 2022 -9,862 24,337 14,475
Sep 2022 -9,721 23,169 13,449
Oct 2022 -9,579 23,018 13,439
Nov 2022 -9,436 22,866 13,430
Dec 2022 -9,292 22,714 13,423
Jan 2023 -9,147 22,563 13,415
Feb 2023 -9,002 22,411 13,409
Mar 2023 -8,856 22,259 13,403
Apr 2023 -8,709 22,108 13,399
May 2023 -8,562 21,956 13,395
Jun 2023 -8,413 21,804 13,391
End Of Year 2 of Loan
Jul 2023 -8,264 21,653 13,389
Aug 2023 -8,114 21,501 13,387
Sep 2023 -7,963 20,334 12,370
Oct 2023 -7,812 20,182 12,370
Nov 2023 -7,660 20,030 12,371
Dec 2023 -7,506 19,879 12,372
Jan 2024 -7,353 19,727 12,374
Feb 2024 -7,198 19,575 12,377
Mar 2024 -7,043 19,424 12,381
Apr 2024 -6,886 19,272 12,386
May 2024 -6,729 19,120 12,391
Jun 2024 -6,572 18,969 12,397
End Of Year 3 of Loan
Jul 2024 -6,413 18,817 12,404
Aug 2024 -6,254 18,665 12,412
Sep 2024 -6,094 17,498 11,404
Oct 2024 -5,933 17,346 11,413
Nov 2024 -5,771 17,195 11,423
Dec 2024 -5,609 17,043 11,434
Jan 2025 -5,446 16,891 11,446
Feb 2025 -5,282 16,740 11,458
Mar 2025 -5,117 16,588 11,471
Apr 2025 -4,951 16,436 11,485
May 2025 -4,785 16,285 11,500
Jun 2025 -4,618 16,133 11,515
End Of Year 4 of Loan
Jul 2025 -4,450 15,981 11,531
Aug 2025 -4,281 15,830 11,548
Sep 2025 -4,112 14,662 10,550
Oct 2025 -3,942 14,510 10,569
Nov 2025 -3,771 14,359 10,588
Dec 2025 -3,599 14,207 10,608
Jan 2026 -3,426 14,055 10,629
Feb 2026 -3,253 13,904 10,651
Mar 2026 -3,079 13,752 10,673
Apr 2026 -2,904 13,600 10,696
May 2026 -2,728 13,449 10,720
Jun 2026 -2,552 13,297 10,745
End Of Year 5 of Loan
Jul 2026 -2,375 13,145 10,771
Aug 2026 -2,197 12,994 10,797
Sep 2026 -2,018 11,826 9,808
Oct 2026 -1,838 11,675 9,836
Nov 2026 -1,658 11,523 9,865
Dec 2026 -1,477 11,371 9,894
Jan 2027 -1,295 11,220 9,925
Feb 2027 -1,112 11,068 9,956
Mar 2027 -929 10,916 9,987
Apr 2027 -745 10,765 10,020
May 2027 -560 10,613 10,053
Jun 2027 -374 10,461 10,087
End Of Year 6 of Loan
Jul 2027 -187 10,310 10,122
Aug 2027 0 10,158 10,158
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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