Car Price
$
Down Payment
$
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Down Payment
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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.
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Interest Rate
%
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Interest Rate
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Interest rate of 2.88% is based on passenger cars less than 10 years old. For other vehicles, please check with your agent/bank.
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Loan Term
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Loan Term
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The maximum loan term for this vehicle is 76 months.
Maximum loan term on a passenger car less than 10 years old is typically calculated based on number of months left on the COE, less 12 month. Subject to a maximum of 7 years. For other vehicles, please check with your agent/bank.
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Total Interest Paid
$10,853
Total Paid Amount
$70,353
Car Loan Payment Breakdown
Loan Amount
$59,500
Monthly Instalment
$926 /mth
COE Left : 82 months | ARF : $0 | COE : $6,059 | Depreciation : $12,410 / Year

Loan Breakdown

Year Loan Redemption Amt
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Deregistration Value
0 $59,500
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Loan Break-Even
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$4,152
1 $53,141
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Loan Break-Even
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$3,546
2 $44,184
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Loan Break-Even
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$2,940
3 $34,800
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Loan Break-Even
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$2,334
4 $24,988
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Loan Break-Even
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$1,726
5 $14,749
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Loan Break-Even
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$1,121
6 $4,083
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Loan Break-Even
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$515
7 $0
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Loan Break-Even
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$0
8 $0
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Loan Break-Even
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$0
9 $0
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Loan Break-Even
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$0
10 $0
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Loan Break-Even
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$0
Loan redemption is based on Rule 78 Less 20%

Latest Car Loan Interest Rate

Sgcarmart Financial ServicesDBSMaybankOCBCUOBHong Leong FinanceTokyo Century Leasing
Used PARF Cars2.48%2.48%2.78%2.78%2.78%2.48%2.78%
Used PHV Cars3.18%N.A3.75%N.A2.99%3.28%3.88%
Cars with Renewed COE2.75%N.A3.18%2.98%2.88%2.88%3.18%
Used Commercial VehiclesN.AN.A3.28%N.A3.40%3.28%N.A