Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
4yrs 8mths 7days
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 $53,199  
Instalment $1,082 / month  
Total Paid on Loan $60,597  
Road Tax $1,210 / year
Depreciation $13,020 / year
COE $87,999
ARF $30,033
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $22,800

Maximum 70% Loan

1st Instalment $1,082
Total Upfront Payment $23,907
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $53,199 $62,250
1 $43,930 $51,948
2 $32,647 $41,647
3 $20,830 $31,321
4 $8,480 $21,020
5 $0 $15,017as of Oct 2022
6 $0 $0
7 $0 $0
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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