Car loan for cars under ₱2 million, 2026
By Aditya AmanPublished Sep 28, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.A ₱2 million car costs ₱33,547 a month with 20% down over 5 years at UnionBank. 217 models are priced up to ₱2 million.
- Monthly payment
- ₱33,547 (20% down, 60 months)
- Down payment
- ₱400,000
- Total interest
- ₱412,800
- Cheapest bank
- UnionBank, 25.80% for 60 months
- Models under this price
- 217
Cars under ₱2 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 ₱2,000,000 car costs ₱33,547 a month with 20% down over 60 months at UnionBank. 217 models are priced up to ₱2,000,000.
Great Wall GWM Haval H9From ₱1,998,888₱33,528/mo at UnionBankCompare every bank for this car
BYD SealFrom ₱1,998,000₱33,513/mo at UnionBankCompare every bank for this car
Foton Tunland V9From ₱1,998,000₱33,513/mo at UnionBankCompare every bank for this car
Nissan LeafFrom ₱1,998,000₱33,513/mo at UnionBankCompare every bank for this car
Subaru CrosstrekFrom ₱1,998,000₱33,513/mo at UnionBankCompare every bank for this car
Mazda CX-30From ₱1,995,000₱33,463/mo at UnionBankCompare every bank for this car
Hongqi HS3From ₱1,980,000₱33,211/mo at UnionBankCompare every bank for this car
Mazda CX-5From ₱1,950,000₱32,708/mo at UnionBankCompare every bank for this car
Hongqi H5From ₱1,950,000₱32,708/mo at UnionBankCompare every bank for this car
Subaru ImprezaFrom ₱1,908,000₱32,004/mo at UnionBankCompare every bank for this car
Jetour T1From ₱1,898,000₱31,836/mo at UnionBankCompare every bank for this car
Maxus G10From ₱1,890,000₱31,702/mo at UnionBankCompare every bank for this car
Foton Tunland V7From ₱1,888,000₱31,668/mo at UnionBankCompare every bank for this car
Dongfeng Aeolus HugeFrom ₱1,880,000₱31,534/mo at UnionBankCompare every bank for this car
Hongqi E-QM5From ₱1,880,000₱31,534/mo at UnionBankCompare every bank for this car
Ford EverestFrom ₱1,849,000₱31,014/mo at UnionBankCompare every bank for this car
Foton Harabas EVFrom ₱1,848,000₱30,997/mo at UnionBankCompare every bank for this car
MG ZS EVFrom ₱1,838,888₱30,844/mo at UnionBankCompare every bank for this car
Tesla Model 3From ₱1,838,000₱30,829/mo at UnionBankCompare every bank for this car
Volkswagen TharuFrom ₱1,808,000₱30,326/mo at UnionBankCompare every bank for this car
Chery Tiggo 7 Pro PHEVFrom ₱1,800,000₱30,192/mo at UnionBankCompare every bank for this car
Geely EX5From ₱1,799,000₱30,175/mo at UnionBankCompare every bank for this car
Subaru ForesterFrom ₱1,798,000₱30,158/mo at UnionBankCompare every bank for this car
Chevrolet TraxFrom ₱1,793,888₱30,089/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 ₱2 million car at every bank
20% down, 60 months, brand new.
UnionBank₱33,547
Maybank₱33,947
BDO₱34,390
RCBC₱34,560
EastWest₱34,731
Metrobank₱34,736
BPI₱34,936
Security Bank₱35,339
Monthly payment at each bank. Standard rates.
Questions
How much is the monthly payment on a ₱2 million car?
₱33,547 a month with 20% down over 60 months at UnionBank, the lowest for that term. With 30% down it is ₱29,353; over 36 months with 20% down, ₱51,204.
How many cars are under ₱2 million in the Philippines?
217 models in our catalogue start at or below ₱2 million, from Dongfeng Nano Box at ₱295,000 to Great Wall GWM Haval H9 at ₱1,998,888.
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 million
- Under ₱1.5 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.