Calculate your car loan in seconds
Enter car price, downpayment, rate, and tenure — see your monthly repayment under Singapore's 70% LTV cap and 7-year maximum tenure.
DBS, OCBC, UOB quote flat rates. Effective rate is ~1.8–1.9× the flat rate over 7 years.
infoMax 7 years tenure, 70% LTV (MAS regulation)
Result updates as you type
Monthly payment
$1,495
7-year loan · 70% LTV · 2.80% flat = ~5.22% effective APR
Downpayment
$45,000
Total Interest
$20,580
Total Repaid
$125,580
Loan breakdown
Based on MAS regulations: max 70% LTV, max 7-year tenure for cars. Verify with your bank or financial institution.
Disclaimer
This calculator provides estimates and should not be viewed as a prediction. Actual loan instalments, COE prices, depreciation, and total ownership costs may vary due to changing interest rates, market conditions, and individual circumstances. It is not intended to be your sole source of financial guidance.
Rates last verified: 4 Apr 2026.
Verify with OneMotoring (https://onemotoring.lta.gov.sg). Full disclaimer at smartcalculator.sg/disclaimer.
Looking for the bigger picture? Browse all car cost calculators →
Singapore Car Ownership Cost Components (2026)
The headline price is the smallest part of the bill. Here's where the rest of your money actually goes over a 10-year COE cycle.
| Component | Range / formula | Source |
|---|---|---|
| COE (Cat A, 2026) | ~$90,000–$130,000 | LTA biweekly bidding |
| ARF (luxury tiers) | 100–360% of OMV (tiered) | LTA Vehicle Tax |
| PARF rebate at 10 years | 75 / 50 / 25 / 0% by age | LTA |
| Road tax (1.6L sedan) | ~$700–2,000/year | OneMotoring (engine cc tiers) |
| Insurance (annual) | ~$1,200–3,500/year | Market quotes vary by driver |
| Fuel (RON95, pump price) | ~$2.65/L | SPC / Shell / Esso |
Sources: LTA OneMotoring, biweekly COE bidding results, and 2026 market quotes. COE premiums change every fortnight — verify the latest at onemotoring.lta.gov.sg before you bid.
Total Car Ownership Cost Calculator
The sticker price is just the start. Combine depreciation, insurance, fuel, road tax, parking, ERP, and maintenance into a single true monthly figure — so you can compare a $130k Honda against a $250k BMW honestly.
See the True Monthly Cost of Owning a Cararrow_right_altTotal Car Ownership Cost Calculator
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All Car & Loan Calculators
Car Loan Calculator
Calculate monthly repayments with the 70% LTV cap and 7-year max tenure. See total interest paid over the full loan period.
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See the total vehicle registration cost — COE premium + ARF + fees. Know the full damage before you bid.
COE Renewal vs New Car Calculator
Renew your car's COE for 5/10 years or scrap and buy new? Full math with PQP cost, PARF rebate forfeit, road-tax surcharge, and the maintenance delta for older cars.
Car Depreciation Calculator
How much does your car lose in value every month? Calculate annual and monthly depreciation based on purchase price, PARF rebate, and COE period.
PARF Rebate Calculator Singapore
Estimate the PARF rebate you get back when you deregister your car, from the ARF paid and the car age — across LTA's pre-2023, 2023 and revised 2026 schedules.
Total Car Ownership Cost Calculator
The sticker price is just the start. See the TRUE monthly cost — depreciation, insurance, petrol, road tax, parking, ERP, and maintenance combined.
Road Tax Calculator
Calculate your annual road tax using LTA's engine capacity tiers. A 1,600cc car pays roughly $742/year.
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The Real Cost of Owning a Car in Singapore
Singapore is one of the most expensive places in the world to own a car — and the sticker price is just the beginning.
Before the car loan even starts, you need a Certificate of Entitlement (COE)which currently runs $60,000–$110,000+ depending on category. Then there's the Additional Registration Fee (ARF) at 100–180% of Open Market Value.
Your loan is capped at 70% LTV (or 60% if the tenure exceeds 5 years), with a maximum tenure of 7 years. And your car loan payments count toward your TDSR if you're also getting a housing loan.
Once you're driving, expect to pay for road tax, insurance, petrol, parking, ERP charges, and regular maintenance. A mid-range sedan typically costs $100,000–$150,000 in total ownership over 10 years. Use the Total Cost Calculator to see your real number.
COE Premium
$60,000–$110,000
Max Loan Tenure
7 years
Max LTV Ratio
70%
Road Tax (1,600cc)
~$742/year
Frequently Asked Questions
How much does a car cost in Singapore?expand_more
Total car cost includes the purchase price, COE premium ($80,000–$110,000 for Cat A/B), ARF (100–180% of OMV), and registration fees. A typical sedan costs $150,000–$250,000. Use the Total Car Ownership Cost Calculator to see your real number.
What is COE in Singapore?expand_more
The Certificate of Entitlement (COE) is a quota licence required to register a vehicle in Singapore. COE premiums are set by open bidding and currently range from $8,000 (motorcycles) to $110,000+ (cars). See your total registration cost with the COE Calculator.
How is road tax calculated?expand_more
Road tax is based on engine capacity. Cars below 600cc pay $400/year, with rates increasing progressively. For a 1,600cc car, annual road tax is approximately $742. Calculate yours with the Road Tax Calculator.
Go deeper
Read the Complete Car Ownership Cost Guide for Singapore 2026
A full walkthrough of COE, ARF, PARF rebates, road tax, insurance, EV road tax changes, financing rules under MAS, and worked 10-year ownership scenarios across budget, mid-range, and luxury segments.
Read the guidearrow_right_altMore car guides
Road tax, COE renewal, EV-vs-ICE — the actual cost of owning a car here
Between COE, ARF, road tax, insurance, and the 10-year clock, Singapore car ownership has more moving parts than most spreadsheets capture. These guides cover the ones that change the answer.
Road Tax Singapore 2026
Engine-capacity bands, EV road tax surcharge, hybrid discounts. Why a 2.0L petrol can pay less road tax than a similarly-priced EV.
Read the guidearrow_right_altautorenewRenew Road Tax Online (Step-by-Step)
OneMotoring walkthrough, the documents you need ready, common rejection reasons, and how the early-renewal grace period works.
Read the guidearrow_right_altcompare_arrowsShould You Renew COE or Buy New?
5-year vs 10-year renewal economics. The PARF rebate you give up, the depreciation curve restart, and the break-even mileage.
Read the guidearrow_right_altsavingsPARF and COE Rebate Explained
How PARF is calculated from ARF, when the rebate vanishes, and the deregistration timeline that determines what you actually receive.
Read the guidearrow_right_altboltEV vs ICE: 10-Year Total Cost
Per-km electricity vs petrol, EV road tax surcharge, battery replacement risk, and the 10-year ownership maths.
Read the guidearrow_right_altscheduleERP Timings and Rates 2026
ERP gantry-by-gantry charges by time of day. CTE, PIE, AYE, KPE peak windows and the ERP 2.0 OBU rollout.
Read the guidearrow_right_alt