Honda Civic RS Turbo CVT Honda Sensing

Car Financing

Cash:
The Honda Civic price in the Philippines starts at P1,368,000.00. The lowest price is the Honda Civic S
Turbo CVT Honda SENSING, ranging all the way up to the Honda Civic RS Turbo CVT Honda SENSING
priced at P1,760,000.00.

Installment:
SRP : ₱1,760,000
Downpayment (25%) : ₱352,000
Amount Financed:₱1,408,000
Tenure / Year :3

BANK DEALER
Simple Interest Rate / Years 5.22 10.71
Monthly Installment ₱45,235.911 ₱51,677.511
Chattel Mortgage ₱32,915.908 Free
Comprehensive Insurance for 1 year ₱45,970.655 Free
LTO for 3 years Free Free
CTPL for 3 years ₱1,680 Free
Total Loan Payment ₱1,628,492.8 ₱1,860,390.4
Total First Payment ₱432,566.563 ₱352,000

Important documents needs for Car Loan:

Locally employed borrowers will have to present and submit the following items listed below:

– Duly accomplished application form.

– Valid government-issued I.D. with signature and photo such as Driver’s License, Passport, etc. of borrower
and co-maker (if available).
– The latest proof of billing.
– Copy of Certificate of Employment (CoE) with compensation and latest income tax return (ITR).
– Three months’ worth of payslips.

For those who are self-employed or have businesses:

– Certificate of Business Registration with DTI for entities with sole proprietorship or SEC if under
partnership/corporation.
– Latest ITR.
– Latest financial statements such as Audited Financial Statements, Statement of Assets and Liabilities,
Statement of Income and Expenses, bank statements, and/or photocopy of your passbook for the last three
months.
 – The latest proof of additional/other income such as lease contracts, certificate of deposits, and/or stock
certificates.

If you work abroad, you will need the following documents:

– OFWs must provide the latest employment contract authenticated by the Philippine Consulate.
– Those working as a Seafarer/Seaman must have their latest crew contract.
– Proof of remittance for the last three months or more.

Apart from these documents, physical assets such as real estate and other owned vehicles can be used as additional
proof of capacity to pay thus increasing your chances of getting your bank loan approved.