Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
6yrs 7mths 2days
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 $41,160  
Instalment $623 / month  
Total Paid on Loan $49,235  
Road Tax $620 / year
Depreciation $7,570 / year
COE $48,000
ARF $17,705
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $17,640

Maximum 70% Loan

1st Instalment $623
Total Upfront Payment $18,288
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $41,160 $44,932
1 $37,090 $40,132
2 $31,111 $34,447
3 $24,837 $28,762
4 $18,269 $23,064
5 $11,406 $17,378
6 $4,250 $11,693
7 $0 $8,853as of Dec 2026
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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