Used Car Instalment Calculator | Compare Loans

Used Car Instalment Calculator

Calculate the monthly instalment on your used car, based on the loan amount and loan interest rates from major lenders in Singapore.

New Car Loan

Used Car Loan

Car Price

Down Payment


	Down Payment Min down-payment on a passenger car is 30% or 40% of the car price depending on Applicable OMV. For non-passenger vehicle. Please contact your agent/bank.

30% 40% 50%

Interest Rate


	Interest Rate Interest rate of 2.28% is based on passenger cars less than 10 years old. For other vehicles, please check with your agent/bank.

2.28% 2.68% 2.99%

Loan Term

Car Loan Payment Breakdown

Monthly Instalment

$0/mth

Total Interest Paid

Total Paid

Latest Car Loan Interest Rate

	Sgcarmart Financial Services	DBS	Maybank	OCBC	UOB	Hong Leong Finance	Tokyo Century Leasing
Used PARF Cars	2.28%	2.78%	2.78%	2.78%	2.78%	2.78%	2.98%
Used PHV Cars	2.99%	N.A	N.A	N.A	N.A	3.88%	N.A
Cars with Renewed COE	2.68%	N.A	3.18%	2.98%	3.18%	2.88%	3.75%
Used Commercial Vehicles	N.A	N.A	3.68%	N.A	4.00%	4.00%	N.A

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