Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
6yrs 5mths 4days
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 $65,999  
Instalment $1,021 / month  
Total Paid on Loan $78,619  
Road Tax $1,212 / year
Depreciation $12,280 / year
COE $74,000
ARF $61,957
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $44,000

Maximum 60% Loan

1st Instalment $1,021
Total Upfront Payment $45,046
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $65,999 $94,091
1 $59,144 $86,691
2 $49,280 $76,173
3 $38,932 $65,675
4 $28,101 $55,177
5 $16,785 $44,680
6 $4,985 $34,162
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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