New vs Used Car Loan Calculator - Paul Tan

New vs Used Car Loan Monthly Installment Calculator

Compare the monthly installment between buying a new car and a used car. Key in the car prices, downpayment (default 10%), interest rates (default 2.5% for new, 3.5% for used), and loan period (1–9 years).

New Car Used Car
Car Price (RM)
Downpayment (RM) Default: 10%
Interest Rate (%)
Loan Period (years)
Total Interest
Monthly Installment

NOTICE: This calculator gives you an estimate. Your actual loan terms may vary. Check with your bank for exact figures.


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