Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
8yrs 14days
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 $54,522  
Instalment $784 / month  
Total Paid on Loan $65,895  
Road Tax $682 / year
Depreciation $9,050 / year
COE $46,009
ARF $10,161
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $23,366

Maximum 70% Loan

1st Instalment $784
Total Upfront Payment $24,175
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $54,522 $44,630
1 $49,777 $40,029
2 $42,391 $35,415
3 $34,638 $30,814
4 $26,518 $25,705
5 $18,031 $20,596
6 $9,176 $15,475
7 $0 $10,366
8 $0 $5,081
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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