Car Loan Calculator Philippines (Mitsubishi, SJDM)
Choose a Mitsubishi, a down payment and a term to see an estimated monthly, plus the official promo for the same unit when there is one.
Pre-qualified, subject to bank approval. Estimates only; the bank confirms the final rate and monthly.
How the computation works
Amount financed
SRP minus your down payment (DP).
Add-on interest
The bank applies an add-on rate that depends on the term; longer terms carry a higher total rate.
Monthly
Amount financed plus interest, divided by the number of months. Promo packages may bundle registration and insurance (all-in).
Next: check the car loan requirements, read how car financing works, see the Mitsubishi price list, or pre-qualify in 2 minutes.
Frequently asked questions
How do I compute a brand new car installment in the Philippines?
Subtract the down payment from the SRP, apply the bank's add-on rate for your term, then divide by the number of months. The calculator does this for you; figures are estimates.
What is a typical car loan term?
Common terms run from 1 to 5 years. A longer term lowers the monthly but raises the total you pay.
Is the monthly from the calculator final?
No. It is an estimate. Your bank sets the final rate and terms; results are Pre-qualified, subject to bank approval.
What do I need to apply for a car loan?
Valid IDs, proof of billing and proof of income. See the car loan requirements guide for the full list per employment type.
How do I send my computation to Richard?
After computing, fill in the short form under your result, or message Richard on Messenger with your model, down payment and term.
Buying in Bulacan? See Mitsubishi San Jose del Monte (SJDM).
Estimate your monthly in a minute
Choose a car, a down payment and a term to see an estimated monthly, compared with the official promo for that unit.