Tools

Loan Calculator

Estimate monthly payment, total interest, processing fees, and the amount the borrower actually receives after the deduction.

Loan Terms

Compare flat-rate and amortized payments, switch between monthly and annual interest, and share the result as a polished image.

Loan Amount

Currency

Calculation Mode

Interest Input

Monthly Interest (%)

Number of Payments

Synced Interest

5% monthly • 60% annual

Payment Schedule

Processing Fee

Processing Fee (%)

Processing fee is calculated as a percentage of the principal.

Monthly Payment

PHP 2,166.67

Flat Rate across 6 months at 5% monthly interest.

Processing Fee

PHP 100.00

Expected Amount Received

PHP 9,900.00

Calculation Summary

This monthly plan estimates a PHP 2,166.67 payment for each of the 6 scheduled payments.

The interest basis is 5% per month or 60% per year.

After deducting the processing fee of PHP 100.00, the expected released amount is PHP 9,900.00.

How This Is Calculated

The calculator starts from 5% monthly interest, annualizes it to 60%, then applies the selected loan formula.

For flat-rate loans, simple interest is calculated on the original principal for 0.5 years, then added to the principal and split evenly across 6 payments.

The processing fee only reduces the disbursed amount. It does not reduce the financed principal used in the repayment formula.