lowest auto loan rate

**urefowei** · August 5th, 2015 11:50 AM

Originally Posted by projectxuv

Boss, how do you compute PA? Most of the banks na inapplyan ko refers to add-on rate.

heto po gamit ko..
Interest Rate Calculator

yung loan amount = SRP - downpayment po ata

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Originally Posted by projectxuv

Boss, how do you compute PA? Most of the banks na inapplyan ko refers to add-on rate.

heto po gamit ko..
http://www.calculator.net/interest-rate-calculator.html

yung loan amount = SRP - downpayment po ata

**radz15** · August 5th, 2015 12:20 PM

Originally Posted by melshamatlei

i just got my car easily for 2 days after application from bank with very low rate of 5.25% PA.

Nice. Ilangs years po yung loan nyo?

**melshamatlei** · August 6th, 2015 01:22 AM

opo mas mahaba ang loan term mas mataas babayran mo even at same rate per annum. kaya kung kaya po niyo un EMI ng 3 or 4 years mas makakatipid kayo. the only good thing is that the bank approval was so fast and of course the car i want was available 😊 #mazdacx5#tisay

**pastebooko** · August 6th, 2015 01:31 AM

Mataas ba ang 9.68% payable in 5 years?

**Walter** · August 6th, 2015 11:00 AM

That's quite high. Going rate is around 5% annually.

**shembot** · August 7th, 2015 02:53 PM

Yes mataas yan *pastebooko. I got mine 22.75% payable in 5 yrs. BPI eto.

**projectxuv** · August 7th, 2015 03:16 PM

Originally Posted by shembot

Yes mataas yan *pastebooko. I got mine 22.75% payable in 5 yrs. BPI eto.

How much is the loanable amount for this rate sir ?

**urefowei** · August 7th, 2015 04:33 PM

Ito ang data galing sa Banko Sentral ng Pilipinas for comparison ng bank interest rates
http://www.bsp.gov.ph/statistics/keystat/intrates.htm

HTH

**shembot** · August 7th, 2015 08:25 PM

*projectxuv, its 1.345M

**rflores** · August 7th, 2015 08:51 PM

Guys, I need your help on this one. this is my first ever car loan, no house loan at all. earning 60k gross monthly. more than 5 years, BPO.

I am aiming for a Mitsubishi Mirage GLS CVT HB. Netprice of 628k (after discounts). I want to go 20%dp for 5 years.

My friend who works for BPI is taking sooo long, weeks wala pa rin result. Previous discussion, he was offering me 26% interest, free first month, free 1st year insurance but locked in for 5 years with them.

BDO is offering me 11472 monthly (effective rate of 37% so high), but free chattel, free 1st year insuranance with no lock in period.

If you can refer me to your Bank Officers, that would really really help. Currently, I have ongoing applications with Metrobank (no promos daw at the moment), BDO, BPI, Unionbank uli (Free chattel and free 1st year insurance with 3 years lock in).