Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
1yr 4mths 15days
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 $37,450  
Instalment $2,434 / month  
Total Paid on Loan $38,938  
Road Tax $974 / year
Depreciation $18,830 / year
COE $72,001
ARF $55,320
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $16,050

Maximum 70% Loan

1st Instalment $2,434
Total Upfront Payment $18,509
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $37,450 $40,309
1 $9,642 $30,323
2 $0 $27,660as of Apr 2021
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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