Work out the down payment, monthly instalment and total cost of a motorcycle loan. The calculator uses the add-on rates that 3 Philippine lenders publish, and shows which rate it used.
Source: lenders' published rate pages. Last verified .
Calculate your monthly
Estimated monthly payment₱3,750for 36 months
Amount financed
₱72,000
Total interest
₱63,000
Total cost (down payment, instalments and fees)
₱153,000
Cash needed up front
₱18,000
Add-on rate for the term
87.48%
Estimate only, not a loan offer. Rate source: Average of Bank of the Philippine Islands (BPI), verified 13 November 2026. Insurance, registration and chattel mortgage fees are extra unless stated.
Published motorcycle loan rates
Total add-on rate for each term, lender by lender.
Published motorcycle loan add-on rates by lender and term
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.
Questions and answers
How much is the monthly payment on a ₱90,000 motorcycle?+−
With 20% down (₱18,000) over 36 months at the average published add-on rate of 87.48%, the estimated monthly payment is ₱3,750, and total interest is ₱63,000. This is an estimate based on the published rates of Bank of the Philippine Islands (BPI), not an offer.
How is a motorcycle loan computed in the Philippines?+−
Most lenders quote an add-on rate for the whole term. The amount financed (price minus down payment) is multiplied by one plus that rate, then divided by the number of months. For example, 800,000 financed at 31.01% add-on over 60 months is 800,000 x 1.3101 / 60 = 17,468 a month. The effective annual interest rate is higher than the add-on rate divided by the years, because you pay interest on the full amount for the whole term.
What is the minimum down payment for a motorcycle loan?+−
Among the lenders we track, the minimum down payment ranges from 5% to 30% of the price. Dealers' in-house financing can go lower, usually at a higher rate.
Are these the rates I will get?+−
Not necessarily. These are standard published rates as of the verified dates shown. Lenders adjust rates for promos, your income and credit history, and the vehicle. Fees such as chattel mortgage registration and insurance are usually paid on top.
Check financing for a specific model
Tell us the model and your budget and we will pass the request on. No account needed.