Then your first month payment will be applied to split p600 for interest and the remaining p4 200 applied to principal.
Motorcycle down payment calculator philippines.
To help you see current market conditions and find a local lender current boydton motorcycle loan rates are published in a table below the calculator.
Find out all yamaha motorcycles scooters offered in philippines.
If they require you to pay 4 800 a month with 15 interest.
Monthly motorcycle loan budget.
Find the best rates for your dream machine.
Get a complete price list of all yamaha motorcycles scooters including latest upcoming models of 2020.
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Choose your desired motorcycle brand and model.
For motorcycle loans in the philippines the minimum required amount for a down payment will depend on the model of motorcycle and its suggested retail price srp.
Get a quote from the citysavings motorcycle sales team.
For example a 2019 street xg500 motorcycle in billiard blue with an msrp of 7 194 no down payment and amount financed of 7 194 60 month repayment term and 5 39 apr results in monthly payments of 137 05.
Use this calculator to estimate the bike price you can afford given a set monthly loan payment.
To minimize the amount of interest paid increase the amount of your down payment and increase your monthly payments when possible.
The apr and down payment may vary based on the applicant s past credit performance and the term of the loan.
Canvas selling price of your desired motorcycle.
Figure out your monthly payment with the calculator below.
This motorcycle payment calculator takes all the hard work out of making a sound financial decision.
Choose your preferred down payment amount in accordance with our product feature.
In robinsons bank for example the minimum down payment for a regular solo bike is 10 of the vehicle s srp while a bigger bike model 200 cc and above will demand a higher.
The annual percentage rate apr and monthly payment will vary based on the applicant s past credit performance and the term of the loan.
Assuming total out the door cost of your motorcycle is p60 000 and they require you 20 or p12 000 down payment then your loan to amortize is p48 000.
Here are the steps that we recommend you take before availing of citysavings motorcycle loan step 1.
Simply enter in your desired monthly payment or vehicle price and it will return your results.
