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  1. kitzmd
    kitzmd is offline Tsikot Member
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    November 20th, 2008 11:26 PM #1
    Good day! i bought a second hand car and ang napa finance ko lang sa bank was 70k. They presented me with a chattel mortgage form and I was asked asked to pay the CM fees for almost ten thousand pesos.. ganito ba tlaga ka mahal?.. how do we compute for the CM fee? tnx!!
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  2. 1D4LV's Avatar
    1D4LV
    1D4LV is offline Одна из черт возьми
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    December 8th, 2008 05:59 PM #2
    Quote Originally Posted by kitzmd View Post
    Good day! i bought a second hand car and ang napa finance ko lang sa bank was 70k. They presented me with a chattel mortgage form and I was asked asked to pay the CM fees for almost ten thousand pesos.. ganito ba tlaga ka mahal?.. how do we compute for the CM fee? tnx!!
    the CM fee would depend on the city or the municipality where the mortgage will be filed.

    in my case years back, i also paid for 10k, but some of my colleagues paid around 12-13k.
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re: chattel mortgage