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Bank of Commerce vehicle loan rates and calculator

Bank of Commerce publishes its vehicle loan terms, shown below as recorded from its own pages. Use the calculator to apply them to a price.

Source: Bank of Commerce. Last verified .

Bank of Commerce published terms

Bank of Commerce loan products and add-on rates
Lender and productMin. down12 mo18 mo24 mo36 mo48 mo60 moVerified
Bank of CommerceBankCom Auto Loan (brand new)20%7.24%9.44%11.81%16.20%21.87%27.54%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.

  • BankCom Auto Loan (brand new): The page publishes no rate table. Rates are derived exactly from the bank's own Auto Loan Calculator on the page for a PHP 1,000,000 vehicle with 20% down (PHP 800,000 financed): monthly amortization PHP 71,493.33 (12 months), 48,640.00 (18), 37,270.00 (24), 25,822.22 (36), 20,311.67 (48), 17,005.33 (60); total add-on = monthly x months / 800,000 - 1. The calculator states its figures are indicative only and the applied rate is confirmed in the loan documents. Minimum down payment is the lowest option the calculator offers (20%, up to 45%); the page states a term of 12 to 60 months and a minimum loanable amount of PHP 100,000, for the purchase of a new car.

Bank of Commerce loan calculator

Down payment

₱200,000 down

Estimated monthly payment₱17,006for 60 months
Amount financed
₱800,000
Total interest
₱220,360
Total cost (down payment, instalments and fees)
₱1,220,360
Cash needed up front
₱200,000
Add-on rate for the term
27.54%

Estimate only, not a loan offer. Rate source: Bank of Commerce (BankCom Auto Loan (brand new)), verified 13 November 2026. Insurance, registration and chattel mortgage fees are extra unless stated.

Questions and answers

How much is the monthly payment on a Bank of Commerce car loan?

For a ₱1,000,000 car at the minimum 20% down (₱200,000) over 60 months, the published add-on rate of 27.54% gives an estimated ₱17,006 a month and ₱220,360 in total interest. This is an estimate, not an offer.

What terms does Bank of Commerce offer?

BankCom Auto Loan (brand new) is offered over 12, 18, 24, 36, 48 and 60 months with a minimum down payment of 20%.

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