|
Brand New Cars
|
|
Term
|
In Arrears
|
In Advance
|
|
12 months
|
4.91%
|
4.21%
|
|
18 months
|
7.19%
|
6.46%
|
|
24 months
|
10.47%
|
9.67%
|
|
36 months
|
16.48%
|
15.56%
|
|
48 months
|
22.38%
|
21.39%
|
|
60 months
|
29.51%
|
28.41%
|
|
Second Hand Cars
|
|
Term
|
In Arrears
|
In Advance
|
|
12 months
|
7.97%
|
6.86%
|
|
18 months
|
11.50%
|
10.33%
|
|
24 months
|
16.67%
|
15.40%
|
|
36 months
|
25.06%
|
23.64%
|
|
48 months
|
34.40%
|
32.83%
|
|
60 months
|
43.38%
|
41.64%
|
In Arrears - Rate applied when you pay your loan amortization on due date.
In Advance - Rate applied when you pay your loan amortization 30 days before due date.
|
|
Term
|
Add on Rate
|
|
12 months
|
20.84%
|
|
18 months
|
30.23%
|
|
24 months
|
40.04%
|
|
36 months
|
60.96%
|
Member: PDIC. Maximum Deposit Insurance for Each Depositor P500,000.
|