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 48 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
$6,898
Total Paid Amount
$50,008
Car Loan Payment Breakdown
Loan Amount
$43,110
Monthly Instalment
$1,042 /mth
COE Left : 39 months | ARF : $0 | COE : $29,672 | Depreciation : $14,720 / Year

Loan Breakdown

Year Loan Redemption Amt
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Deregistration Value
0 $43,110
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Loan Break-Even
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$19,315
1 $34,379
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Loan Break-Even
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$13,381
2 $23,592
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Loan Break-Even
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$7,446
3 $12,130
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Loan Break-Even
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$1,512
4 $0
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Loan Break-Even
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$0
5 $0
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Loan Break-Even
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$0
6 $0
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$0
7 $0
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Loan Break-Even
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$0
8 $0
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$0
9 $0
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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