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AFPSLAI

Vehicle Loan

Eligibility:

  • Open to all Regular and Associate Members of AFPSLAI who are at least 21 but not over 64 years old
  • Members who are 65 years old and above can still avail provided they have sufficient CCA balance equivalent to or higher than the total amortization of the loan.
  • Must be gainfully employed or have regular compensation income
  • Married member shall secure spouse’s consent & signature in the Loan Application Form (LAF)
Features:
  • Loanable amount is up to 70% of the selling price of the vehicle, subject to the borrower’s paying capacity. At least 30% of the selling price of the vehicle shall be paid by the borrower (as equity) directly to the car dealer.
  • At least 30% of the selling price of the vehicle shall be paid by the borrower (as equity) directly to the car dealer.
  • Loanable term: 1 to 6 years



VL Calculator
Vehicle Selling Price
Down Payment
Loan Term

Amount to be Financed is:
Monthly Amortization is

INSTRUCTIONS:

To know your monthly amortization:
  1. Enter the selling price of the vehicle.
  2. Enter you desired down-payment (minimum of 30% of selling price).
  3. Select the number of years you want to amortize your loan.
  4. Click “COMPUTE” to know your monthly amortization or “RESET” to clear entries.

Please note that the computation above is only indicative. You may call us or visit any AFPSLAI Branch nearest you for the actual details.