Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
3yrs 5mths 5days
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 $44,660  
Instalment $1,200 / month  
Total Paid on Loan $49,207  
Road Tax $1,194 / year
Depreciation $12,540 / year
COE $66,989
ARF $41,538
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $19,140

Maximum 70% Loan

1st Instalment $1,200
Total Upfront Payment $20,365
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $44,660 $49,978
1 $32,957 $41,184
2 $19,737 $32,408
3 $5,908 $23,632
4 $0 $20,769as of Apr 2023
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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