Car loan for cars under ₱500,000, 2026
By Aditya AmanPublished Sep 28, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.A ₱500,000 car costs ₱8,387 a month with 20% down over 5 years at UnionBank. 2 models are priced up to ₱500,000.
- Monthly payment
- ₱8,387 (20% down, 60 months)
- Down payment
- ₱100,000
- Total interest
- ₱103,200
- Cheapest bank
- UnionBank, 25.80% for 60 months
- Models under this price
- 2
Cars under ₱500,000, 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 ₱500,000 car costs ₱8,387 a month with 20% down over 60 months at UnionBank. 2 models are priced up to ₱500,000.
Dongfeng Nano BoxFrom ₱295,000₱4,948/mo at UnionBankCompare every bank for this car
Wuling MacaronFrom ₱295,000₱4,948/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 ₱500,000 car at every bank
20% down, 60 months, brand new.
UnionBank₱8,387
Maybank₱8,487
BDO₱8,598
RCBC₱8,640
EastWest₱8,683
Metrobank₱8,684
BPI₱8,734
Security Bank₱8,835
Monthly payment at each bank. Standard rates.
Questions
How much is the monthly payment on a ₱500,000 car?
₱8,387 a month with 20% down over 60 months at UnionBank, the lowest for that term. With 30% down it is ₱7,338; over 36 months with 20% down, ₱12,801.
How many cars are under ₱500,000 in the Philippines?
2 models in our catalogue start at or below ₱500,000, from Dongfeng Nano Box at ₱295,000 to Wuling Macaron at ₱295,000.
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 ₱1 million
- 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.