Direct Owner Vehicles
Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
1yr 1mth 27days
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 $12,460  
Instalment $989 / month  
Total Paid on Loan $12,862  
Road Tax $608 / year
Depreciation $7,180 / year
COE $32,415
ARF $18,919
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $5,340

Maximum 70% Loan

1st Instalment $989
Total Upfront Payment $6,354
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $12,460 $14,171
1 $979 $9,975
2 $0 $9,460as of Oct 2020
3 $0 $0
4 $0 $0
5 $0 $0
6 $0 $0
7 $0 $0
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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