HBL Car Financing Calculator

Car Financing Calculator

Loan Amount (₱) Loan Term (Years) Interest Rate (%) Monthly Payment (₱)

function calculatePayment() { const loanAmount = parseFloat(document.getElementById(“loanAmount”).value); const loanTerm = parseFloat(document.getElementById(“loanTerm”).value); const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100; if (isNaN(loanAmount) || isNaN(loanTerm) || isNaN(interestRate) || loanAmount <= 0 || loanTerm <= 0 || interestRate el.value = “”); } function formatCurrency(amount) { return “₱” + amount.toFixed(2); }

This HBL Car Financing Calculator helps you estimate your monthly car loan payments based on the loan amount, interest rate, and loan term.

How It Works

To calculate your monthly payment, simply enter the loan amount, loan term, and interest rate. The tool will show your estimated monthly payment based on these inputs.

Example

If you borrow ₱500,000 for 5 years at 7% interest, your monthly payment will be calculated accordingly.

Important Considerations

Remember to check with your bank for the exact rates and terms applicable to your loan.

Why It Matters

Understanding your monthly payment will help you make an informed decision about your car financing options.

Hbl Car Financing Calculator