Direct Owner Vehicles
Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
7yrs 10days
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 $58,080  
Instalment $836 / month  
Total Paid on Loan $70,195  
Road Tax $740 / year
Depreciation $11,810 / year
COE $48,000
ARF $27,528
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $38,720

Maximum 60% Loan

1st Instalment $836
Total Upfront Payment $39,581
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $58,080 $54,404
1 $53,029 $49,591
2 $45,163 $44,791
3 $36,907 $38,614
4 $28,259 $32,438
5 $19,221 $26,248
6 $9,792 $20,072
7 $0 $13,764
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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