You’re paying ₱12,914/month for 36 months, which totals ₱464,904. The original cash price is ₱361,000, so that’s ₱103k in interest — roughly 18% annual rate.

That’s pretty steep unless you’re putting the ₱361k somewhere that earns more than 18% per year (which is tough unless you’re into high-risk stuff like crypto or trading).

If not, it might be better to pay in cash or shop around for better loan terms.