Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
4yrs 3mths 24days
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 $42,560  
Instalment $940 / month  
Total Paid on Loan $47,950  
Road Tax $1,910 / year
Depreciation $11,260 / year
COE $65,501
ARF $24,448
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $18,240

Maximum 70% Loan

1st Instalment $940
Total Upfront Payment $19,205
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $42,560 $45,378
1 $34,122 $37,587
2 $24,137 $29,815
3 $13,684 $22,042
4 $2,763 $14,270
5 $0 $12,224as of Jun 2024
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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