Personal Loan Calculator
Standard amortizationEstimate your fixed monthly payments, total interest costs, and full monthly amortization schedule for Philippine bank or fintech personal loans.
Borrowing Guide
Understanding Personal Loan Costs
How is monthly amortization calculated?
Monthly payments are computed using standard diminishing balance amortization, where each monthly payment covers accrued interest and chips away at the principal.
What extra fees should I expect?
Lenders often charge a processing fee (typically 1–3% of the loan amount), documentary stamp taxes (DST), and credit insurance.
How does loan tenure affect total cost?
A longer term lowers your monthly payment but increases the total cumulative interest paid over the life of the loan.