Car and motorcycle financing
Published loan terms from 9 Philippine lenders, and two calculators that turn them into a monthly figure. Everything here is an estimate from published rates, with the source and date shown.
Source: lenders' published rate pages. Last verified .
Calculators
Car loan rates
Total add-on rate per term for brand-new cars.
| Lender and product | Min. down | 12 mo | 18 mo | 24 mo | 36 mo | 48 mo | 60 mo | Verified |
|---|---|---|---|---|---|---|---|---|
| Bank of CommerceBankCom Auto Loan (brand new) | 20% | 7.24% | 9.44% | 11.81% | 16.20% | 21.87% | 27.54% | 13 November 2026 |
| Bank of the Philippine Islands (BPI)BPI Auto Loan (Passenger Car, brand new) | 15% | 5.43% | 7.73% | 11.30% | 17.76% | 24.13% | 31.01% | 13 November 2026 |
| China Banking Corporation (Chinabank)Chinabank AutoPlus (brand new) | 20% | on request | on request | on request | on request | on request | 13 November 2026 | |
| East West Banking Corporation (EastWest)EastWest Auto Loan (brand new) | 20% | 6.84% | 9.60% | 12.41% | 18.18% | 24.12% | 30.24% | 13 November 2026 |
| Metropolitan Bank & Trust Company (Metrobank)Metrobank Car Loan | 20% | 5.19% | 7.61% | 10.74% | 16.90% | 23.55% | 30.26% | 13 November 2026 |
| Philippine Savings Bank (PSBank)PSBank Auto Loan with Prime Rebate | 20% | on request | on request | on request | on request | on request | on request | 13 November 2026 |
| Rizal Commercial Banking Corporation (RCBC)RCBC Auto Loan Plus (brand new, free car insurance) | 20% | 17.75% | 24.13% | 31.01% | 13 November 2026 | |||
| Rizal Commercial Banking Corporation (RCBC)RCBC Regular Auto Loan (brand new) | 20% | 5.61% | 8.23% | 11.86% | 17.75% | 24.13% | 31.01% | 13 November 2026 |
| Security BankSecurity Bank Car Loan (brand new) | 20% | 5.61% | 8.44% | 12.14% | 18.18% | 24.72% | 32.52% | 13 November 2026 |
Rates are each lender's published add-on rate for the whole term (for example 17.76% over 36 months), for payments in arrears unless noted. “On request” means the lender offers the term but does not publish a rate. Promo rates, your credit standing and the vehicle can change what you are offered.
Motorcycle loan rates
Bank loans for big bikes cost far less than financing for small motorcycles, so check which product your bike qualifies for.
| Lender and product | Min. down | 12 mo | 18 mo | 24 mo | 36 mo | Verified |
|---|---|---|---|---|---|---|
| Bank of the Philippine Islands (BPI)BPI Auto Loan for Big Bike | 30% | 8.83% | 12.57% | 17.54% | 27.84% | 13 November 2026 |
| Bank of the Philippine Islands (BPI)BPI Motorcycle Loan (regular bikes below 250cc) | 5% | 29.16% | 58.32% | 87.48% | 13 November 2026 | |
| Salmon (Salmon Finance Inc.)Salmon Moto Loan | 10% | on request | on request | on request | on request | 13 November 2026 |
| Security BankSecurity Bank Motorcycle Loan (big bikes, 400cc and up) | 30% | 8.00% | 12.01% | 16.96% | 26.05% | 13 November 2026 |
Rates are each lender's published add-on rate for the whole term (for example 17.76% over 36 months), for payments in arrears unless noted. “On request” means the lender offers the term but does not publish a rate. Promo rates, your credit standing and the vehicle can change what you are offered.
Lenders
- Bank of CommerceBank, 1 product
- Bank of the Philippine Islands (BPI)Bank, 3 products
- China Banking Corporation (Chinabank)Bank, 1 product
- East West Banking Corporation (EastWest)Bank, 1 product
- Metropolitan Bank & Trust Company (Metrobank)Bank, 1 product
- Philippine Savings Bank (PSBank)Bank, 1 product
- Rizal Commercial Banking Corporation (RCBC)Bank, 2 products
- Salmon (Salmon Finance Inc.)Financing company, 1 product
- Security BankBank, 2 products