Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
6yrs 1mth 18days
Down Payment
$
ARF
$
PARF Scheme
min PARF 50% of ARF
Interest Rate
    %
COE
$
Values below are calculated based on inputs above.
By MAS ruling, maximum loan term is up to 7 years and Maximum loan amount 60% or 70% of the Car Price.
Results
Loan Amount $119,333  
Instalment $1,931 / month  
Total Paid on Loan $140,966  
Road Tax $3,476 / year
Depreciation $23,800 / year
COE $79,300
ARF $105,793
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $79,555

Maximum 60% Loan

1st Instalment $1,931
Total Upfront Payment $81,511
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $119,333 $127,968
1 $105,666 $120,038
2 $86,749 $106,818
3 $66,910 $93,577
4 $46,148 $80,357
5 $24,463 $67,137
6 $1,856 $53,918
7 $0 $52,897as of Apr 2024
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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