Car Loan Calculator
Estimate your monthly car loan repayments in Singapore, factoring in COE, down payment, and interest. Includes amortization summary.
$
$
%
%
years
Total Vehicle Price$205,000.00
Down Payment$82,000.00
Loan Amount$123,000.00
Monthly Repayment$1,613.07
Total Interest$12,497.79
Total Amount Paid$135,497.79
Amortization Summary
| Payment | Principal | Interest | Total |
|---|---|---|---|
| First Payment | $1,328.12 | $284.95 | $1,613.07 |
| Last Payment | $1,609.34 | $3.73 | $1,613.07 |
| Totals | $123,000.00 | $12,497.79 | $135,497.79 |
COE Disclaimer: The Certificate of Entitlement (COE) price used in this calculator is for illustration purposes only. Actual COE premiums fluctuate based on the latest bidding results published by the Land Transport Authority (LTA). Please check the LTA website for the most current COE prices before making any purchase decisions.
How to Use This Calculator
- Enter the car price (excluding COE) and the current COE premium for your category.
- Set the down payment percentage (minimum 30% by MAS rules) and interest rate.
- Review the amortization summary to see how principal vs interest changes over time.
Key Rates Used
| Parameter | Value |
|---|---|
| Max Loan Tenure | 7 years |
| Max LTV | 70% |
| Min Down Payment | 30% |
| Typical Interest Rate | 2.5%–3.0% p.a. |
Last updated: March 2026 · LTA