Philippines car loan calculator
Calculate Philippine auto loan monthly installments, 20% down payment, total interest, and estimated chattel mortgage fees.
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Standard Philippine bank requirement: 20% minimum
Typical auto loan rates: 8.5% to 11.5%
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About this tool
Calculate monthly auto loan amortization and financing costs in the Philippines. Estimates monthly payments across 12 to 72 months, minimum 20% down payment, and upfront chattel mortgage registration fees.
How to use it
- 1 Enter the vehicle SRP / cash price.
- 2 Enter your down payment percentage (minimum 20% standard).
- 3 Enter the annual interest rate and select your repayment term.
Questions
What is the typical down payment for a car loan in the Philippines?
Philippine banks typically require a minimum down payment of 20% of the vehicle’s suggested retail price (SRP).
What is chattel mortgage fee?
Chattel mortgage fee is a legal registration fee paid to the Registry of Deeds to register the vehicle as loan collateral.
Is my data uploaded?
No. This tool runs in your browser, so your text and files never reach our server.
Is this tool free?
Yes. It’s free to use with no sign-up and no limits for normal use.
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