Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
6yrs 6mths 23days
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 $71,333  
Instalment $1,092 / month  
Total Paid on Loan $85,150  
Road Tax $1,212 / year
Depreciation $13,380 / year
COE $74,000
ARF $61,957
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $47,555

Maximum 60% Loan

1st Instalment $1,092
Total Upfront Payment $48,672
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $71,333 $95,105
1 $64,114 $87,705
2 $53,614 $77,187
3 $42,598 $66,689
4 $31,066 $56,191
5 $19,017 $45,693
6 $6,451 $35,175
7 $0 $30,979as of Dec 2024
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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