Principal
The base amount you wish to borrow before any interest is added.
Loan Calculator
Estimate your monthly payment instantly using a simple add-on interest method commonly used by financing companies in the Philippines.
Loan Calculator
Estimate your monthly payments
P100,000.00
P10,000
P2,000,000
2%
1%
5%
Loan Term (Months)
Monthly Payment
P10,333.33
Total Interest
P24,000.00
Total Payment
P124,000.00
Disclaimer
This calculator provides estimates only. Actual loan terms and rates may vary per financing company policy. Monthly payments shown use a simple add-on interest method.
How the Calculator Works
This tool uses add-on interest. Interest is calculated on the original principal for the full term, then distributed across monthly installments.
Interest Rate
Monthly add-on rate applied to the original principal. Common rates in local financing can range from 1% to 5% monthly.
Loan Term
Repayment duration in months. Longer terms usually reduce monthly dues but increase total interest paid.
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