Additional Registration Fee (ARF) Calculator
Calculates the tiered ARF for cars registered in Singapore.
Result
- ARF payable
- S$41,000.00
- ARF as % of OMV
- 117.14%
How to use the additional registration fee (arf) calculator
- Enter the open market value (OMV).
- The results update as you type, or press Calculate.
- Read the arf payable first, then the supporting figures below it.
Formula
100% on the first S$20,000 of OMV, 140% on the next S$20,000, 190% on the next S$20,000 and 250% above S$60,000.
Worked example
For example, with these inputs:
- Open Market Value (OMV) (S$): 35,000
the calculator returns:
- ARF payable: S$41,000.00
- ARF as % of OMV: 117.14%
Good to know: ARF tiers are revised from time to time in the Budget. Check LTA's current schedule before relying on the figure.
Background
Compounding is the reason long-term saving works: returns earn further returns, so the growth curve steepens over time. The same maths works against you with debt, which is why credit card balances at around 27% a year grow quickly if only minimum payments are made.
Interest in Singapore is quoted in several ways. Mortgages and savings accounts use effective annual rates, while car loans and many personal loans are advertised at flat rates that look much lower than their true cost. Banks must disclose the effective interest rate, and comparing on that basis gives a fair picture.
Frequently asked questions
How does the additional registration fee (arf) calculator work?
It applies this formula: 100% on the first S$20,000 of OMV, 140% on the next S$20,000, 190% on the next S$20,000 and 250% above S$60,000.
Is this financial advice?
No. It is a calculation tool. For decisions about loans or investments, compare official offer documents and consider speaking to a licensed adviser.