
Your chosen car’s details appear here once you start selecting from the options
Your chosen car’s details appear here once you start selecting from the options
IMPORTANT NOTICE:
1. All amounts quoted are in Philippine Peso.
2. Resulting computations are based on indicative rates and for estimation purposes only. These do not constitute an approval nor offer by Security Bank.
3. Actual computations based on prevailing rates will be provided by your Account Officer upon loan application.
4. Maximum Loanable Amount is based on the following:
- For Brand New Cars, amount assumes 80% of your vehicle purchase price.
- For Pre-Owned Cars, amount follows the appraised value or vehicle purchase price, whichever is lower.
5. The result shown in the calculator is representative of payments made one month in advance (OMA). Alternative rates will apply to payments made in arrears.
6. Security Bank Corporation is supervised by the Bangko Sentral ng Pilipinas (+632 708-7087 | consumeraffairs@bsp.gov.ph).
Financing options are the ways that your car loan can be paid of. These are offered by either the bank or the dealership themselves. These give buyers the freedom to choose which payment scheme will suit their financial capability.
Read MoreWhen it comes to car loan application, there are certain criteria that the lender implements in order to ensure that the borrower will be able to pay the proposed monthly amortization. Several legal documents pertaining to your identity and financial capabilities will need to be submitted.
Read MoreA brand new vehicle can range from as low as P400,000 to as much as P7,000,000 or even more. Unless you have 6 or 7 figures stashed in your bank account that you can spend on a whim, your best chance to own a car is through a car loan.
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