Guide on How Much You Must Pay For Monthly Under the Metrobank Car Loan
METROBANK CAR LOAN – Here is a guide on how much you must pay for monthly under the auto loan offer of Metrobank.
Having your own car may bring a lot of convenience. You can drive at your own speed that promotes your safety and as well as others’ who are on the road. Also, you may sit comfortably in an air-conditioned vehicle and not worry about intense perspiration upon arriving at your destination.
These practical benefit and convenience are just a few of the things you can enjoy if you have your own car. That is why a lot of people really look for options on how to obtain a vehicle. One is through a loan application.
One of the loans you may consider is the Metrobank Car Loan. It is offered by a trusted bank in the Philippines that has stood the test of time and proved the quality services it is always ready to offer the public.
Do you want to know if you are eligible for the said loan offer? According to the bank, to be eligible for its car loan offer, the applicant must be:
- a Filipino
- between 21 to 65 years of age and not older than 65 years upon the loan maturity
- having no adverse credit history
Under this car loan offer, you may pay for the loan in 12, 18, 24, 36, 48, or 60 month-term. You also have the option to pre-terminate your loan in case you want to as long as you talk with the bank.
Even before making application for Metrobank Car Loan, you may check on your possible monthly payment. It is through the online calculator provided by the bank. You must prepare the following information:
- Manufacturer of the Target Vehicle
- Model of the Target Vehicle
- Selling Price
- Downpayment Percentage
- Downpayment Amount
- Target Loan Term
In case you already have the said information, you may visit the official website of UnionBank for the online calculator. Feel free to visit it directly at https://mcola.metrobank.com.ph/car-loan/loan-calculator.
Do you want a guide on the application process and the documents you must prepare? You may visit – METROBANK CAR LOAN – How To Apply & The Requirements Needed.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: METROBANK LOANS – Full List of Metrobank Loan Offers You May Apply For
