Monthly Payment


Payment Overview
Details Chart
Down Payment
Payment Schedule

Calculator Assumptions

Loan repayment calculators help borrowers come up with an informed buying decision to determine the payment options suitable to your financial need. The loan calculator is for employed, self-employed and OFWs.

Our loan calculator is designed to show you how much your loan is going to cost upon loan maturity. It shows the monthly payments based on the loan term and the annual percentage (APR) you choose. On top of monthly loan repayments, the calculator comes up with the total interest cost and the actual cost of the loan.

We compare loans that can be paid back over terms between 6, 12, 18, 24, 36 months. The APR interest rate depends on your personal circumstances and will be between 1.25% and 1.60%.

This is a representative example of what it may cost: If you calculate loan repayments for a Loan of P160, 000.00 over 36 months at 1.2% monthly add-on interest would equate to monthly repayments of P6, 364.44, and the total cost of the loan that you pay back would be P229, 120.00.

Is the total loan amount borrowed on any type of loan or the amount you want to take home to us for a specific purpose. You make monthly payments based on a basic fixed rate to gradually reduce your principal..

Interest Rate
It is a rate charged on the principal amount owed. In the Philippines it is calculated on a yearly figure regardless if the term or repayment schedule is not yearly. For example, most banks and financing companies advertised with APR (Annual Percentage Rate) of 13% - 20% even if the loan tenor or term do not reach a year such as with short-term loans, thus is computed as APR / 12 months equals the monthly interest or also called as the “monthly add-on rate”.

Loan Term
This is the length of time agreed for you to repay your loan. Common loan repayment schedule are 3, 6, 12, 18, 24, 36 months for a personal loan and extends to 5 years for car loan and up to 20 years for home loan. You can apply for a loan at Loansolutions for a minimum amount of 10,000 up to a maximum amount of 2,000,000 through our network of lender with loan term applicable to your current situation.