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 4% 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 43 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
$1,534
Total Paid Amount
$12,233
Car Loan Payment Breakdown
Loan Amount
$10,699
Monthly Instalment
$284 /mth
COE Left : 8 months | Depreciation : $17,710 / Year

Loan Breakdown

Year Loan Redemption Amt
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Deregistration Value
0 $10,699
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Loan Break-Even
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N.A.
1 $8,100
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Loan Break-Even
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N.A.
2 $5,023
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Loan Break-Even
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N.A.
3 $1,723
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Loan Break-Even
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N.A.
4 $0
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Loan Break-Even
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N.A.
5 $0
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Loan Break-Even
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N.A.
6 $0
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Loan Break-Even
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N.A.
7 $0
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Loan Break-Even
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N.A.
8 $0
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Loan Break-Even
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N.A.
9 $0
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Loan Break-Even
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N.A.
10 $0
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Loan Break-Even
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N.A.
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