Car loan for cars under ₱1 million, 2026
By Aditya AmanPublished Sep 28, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.A ₱1 million car costs ₱16,773 a month with 20% down over 5 years at UnionBank. 62 models are priced up to ₱1 million.
- Monthly payment
- ₱16,773 (20% down, 60 months)
- Down payment
- ₱200,000
- Total interest
- ₱206,400
- Cheapest bank
- UnionBank, 25.80% for 60 months
- Models under this price
- 62
Cars under ₱1 million, with monthly payments
Move the slider, change the down payment or term, or pick a brand. Each car shows its monthly payment at the cheapest bank.
A ₱1,000,000 car costs ₱16,773 a month with 20% down over 60 months at UnionBank. 62 models are priced up to ₱1,000,000.
Foton Harabas MilerFrom ₱1,000,000₱16,773/mo at UnionBankCompare every bank for this car
Maxus T60From ₱998,000₱16,740/mo at UnionBankCompare every bank for this car
VinFast VF 5From ₱992,000₱16,639/mo at UnionBankCompare every bank for this car
Suzuki SwiftFrom ₱989,000₱16,589/mo at UnionBankCompare every bank for this car
Isuzu D-MaxFrom ₱978,000₱16,404/mo at UnionBankCompare every bank for this car
Geely CoolrayFrom ₱978,000₱16,404/mo at UnionBankCompare every bank for this car
Honda CityFrom ₱973,000₱16,320/mo at UnionBankCompare every bank for this car
Kaiyi X3 ProFrom ₱968,000₱16,237/mo at UnionBankCompare every bank for this car
JMC VigusFrom ₱959,000₱16,086/mo at UnionBankCompare every bank for this car
Kaiyi E-Qute 04From ₱958,000₱16,069/mo at UnionBankCompare every bank for this car
Kaiyi E5From ₱958,000₱16,069/mo at UnionBankCompare every bank for this car
Suzuki ErtigaFrom ₱954,000₱16,002/mo at UnionBankCompare every bank for this car
Geely EmgrandFrom ₱949,000₱15,918/mo at UnionBankCompare every bank for this car
BYD Seal 5 DM-iFrom ₱948,000₱15,901/mo at UnionBankCompare every bank for this car
Maxus G50From ₱948,000₱15,901/mo at UnionBankCompare every bank for this car
Toyota TamarawFrom ₱937,000₱15,717/mo at UnionBankCompare every bank for this car
Chery Tiggo CrossFrom ₱928,000₱15,566/mo at UnionBankCompare every bank for this car
Suzuki DzireFrom ₱920,000₱15,431/mo at UnionBankCompare every bank for this car- Suzuki Dzire HybridFrom ₱920,000₱15,431/mo at UnionBankCompare every bank for this car
Toyota AtivFrom ₱916,000₱15,364/mo at UnionBankCompare every bank for this car
GAC GS3 EmzoomFrom ₱898,000₱15,062/mo at UnionBankCompare every bank for this car
BYD SeagullFrom ₱898,000₱15,062/mo at UnionBankCompare every bank for this car
Omoda C5From ₱898,000₱15,062/mo at UnionBankCompare every bank for this car
JAC JS2 ProFrom ₱895,000₱15,012/mo at UnionBankCompare every bank for this car
Starting prices from each model's lowest variant. Monthly payments exclude insurance and one-time charges.
Monthly payment on a ₱1 million car at every bank
20% down, 60 months, brand new.
UnionBank₱16,773
Maybank₱16,973
BDO₱17,195
RCBC₱17,280
EastWest₱17,365
Metrobank₱17,368
BPI₱17,468
Security Bank₱17,669
Monthly payment at each bank. Standard rates.
Questions
How much is the monthly payment on a ₱1 million car?
₱16,773 a month with 20% down over 60 months at UnionBank, the lowest for that term. With 30% down it is ₱14,677; over 36 months with 20% down, ₱25,602.
How many cars are under ₱1 million in the Philippines?
62 models in our catalogue start at or below ₱1 million, from Dongfeng Nano Box at ₱295,000 to Foton Harabas Miler at ₱1,000,000.
Other budgets
- ₱10,000 a month
- ₱15,000 a month
- ₱20,000 a month
- ₱25,000 a month
- ₱30,000 a month
- ₱40,000 a month
- ₱50,000 a month
- Under ₱500,000
- Under ₱1.5 million
- Under ₱2 million
- Under ₱3 million
Found a car? Compare every bank's monthly payment for it, or answer 5 questions for the three loans that fit you.