Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
5yrs 4mths 2days
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 $47,600  
Instalment $862 / month  
Total Paid on Loan $55,165  
Road Tax $1,244 / year
Depreciation $11,380 / year
COE $62,000
ARF $14,242
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $20,400

Maximum 70% Loan

1st Instalment $862
Total Upfront Payment $21,287
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $47,600 $43,839
1 $40,812 $36,910
2 $32,091 $29,998
3 $22,952 $23,085
4 $13,394 $16,173
5 $3,416 $9,244
6 $0 $7,121as of Nov 2024
7 $0 $0
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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