subfor SG I bought a car in Sep 03 with a loan of 80k for 10 years. Monthly installment 830. already made 39 installments, wondering how much is my outstanding. thinking of changing car. Can someone pls help me on this? thanks in advance.
play_n_play SG I used to call the bank, the officer told me like this, hope it helps. installment amount per month = (loan amount + loan amount X interest X years of loan)/months of loan;
sir_boris SG if redeem loan early, there’s some adjustments (and even penalties) which difficult to be tabulated over a spreadsheet. best give the bank a call.
VampireEB SG Gotta see how much your OMV and after COe rebated and then minus out your current outstanding loan and again rebate from your bank interests by how many yrs u had loan from the bank etc.