Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
3yrs 9mths 9days
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 $27,160  
Instalment $671 / month  
Total Paid on Loan $30,195  
Road Tax $742 / year
Depreciation $8,180 / year
COE $56,501
ARF $15,864
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $11,640

Maximum 70% Loan

1st Instalment $671
Total Upfront Payment $12,336
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $27,160 $31,643
1 $20,815 $25,199
2 $13,525 $18,741
3 $5,898 $12,297
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.

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