Car Loan Calculator
Car Price $ Loan Term
spacer
COE Remaining
6yrs 6mths 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 $55,160  
Instalment $844 / month  
Total Paid on Loan $65,844  
Road Tax $1,210 / year
Depreciation $10,340 / year
COE $53,001
ARF $22,928
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $23,640

Maximum 70% Loan

1st Instalment $844
Total Upfront Payment $24,509
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $55,160 $51,712
1 $49,571 $46,412
2 $41,445 $39,965
3 $32,919 $33,519
4 $23,994 $27,058
5 $14,670 $20,611
6 $4,946 $14,165
7 $0 $11,464as of Nov 2026
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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