Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
4yrs 2mths 20days
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 $46,760  
Instalment $1,051 / month  
Total Paid on Loan $52,566  
Road Tax $740 / year
Depreciation $12,460 / year
COE $72,609
ARF $28,335
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $20,040

Maximum 70% Loan

1st Instalment $1,051
Total Upfront Payment $21,116
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $46,760 $50,509
1 $37,243 $41,812
2 $26,039 $33,134
3 $14,312 $24,456
4 $2,059 $15,779
5 $0 $14,168as of Feb 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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