Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
3yrs 7mths 12days
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 $23,799  
Instalment $613 / month  
Total Paid on Loan $26,340  
Road Tax $742 / year
Depreciation $7,200 / year
COE $56,501
ARF $15,864
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $10,200

Maximum 70% Loan

1st Instalment $613
Total Upfront Payment $10,838
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $23,799 $30,745
1 $17,918 $24,302
2 $11,220 $17,843
3 $4,212 $11,399
4 $0 $7,932as of Mar 2022
5 $0 $0
6 $0 $0
7 $0 $0
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

Recommended for you

1-6 of 18