Car Affordability

🚗 Car Affordability

Tell us your monthly budget for the car loan, the flat interest rate, the loan tenure and your downpayment. We work backwards to the maximum car price you can afford and what each month costs.

Monthly budget for the car loan (the loan instalment only, set aside fuel, insurance and parking separately)

Cash downpayment you have ready (SGD)

Flat interest rate (% per year, as of 2026, edit if changed)

Loan tenure (years, max 7)

Maximum loan share of car price (MAS LTV cap: 60% if OMV over 20,000 dollars, else 70%, as of 2026, edit if changed)

Maximum car price you can afford

S$0

Enter your numbers above.

Financed by loan S$0 Paid in cash now S$0

Source: Monetary Authority of Singapore (MAS), motor vehicle loan rules (maximum tenure 7 years, loan capped at 60% or 70% of Open Market Value), mas.gov.sg. Car loans here use a flat rate, the Singapore market convention. For your true cost, ask the lender for the Effective Interest Rate (EIR).

General information only, not financial advice. The LTV cap depends on the car's Open Market Value, and dealer leasing schemes can differ. Figures are an estimate. Verify your actual rate, tenure and downpayment with your bank or the official source before committing.