Philippines car loan & auto finance calculator
Calculate Philippine car loan monthly amortization, 20% down payment, total interest, and estimated chattel mortgage fees online for free.
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Standard Philippine bank requirement: 20% minimum
Typical auto loan rates: 8.5% to 11.5%
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Also with the philippines car loan calculator
About this tool
Calculate auto loan monthly installments and upfront cash outlay for new and used vehicles across Philippine banks.
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 maximum car loan term in the Philippines?
Most Philippine banks offer vehicle financing tenures up to 60 months (5 years), with select lenders offering up to 72 months.
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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