🏦 Loan Amortization Calculator

Bago ka pumirma ng kahit anong utang: tingnan mo muna ang true monthly cost at ang total interest na papakainin mo sa bangko. Works for home, auto, personal, and salary loans.

Loan details

Loan amount (₱)

Annual interest rate (%)

Banks quote "add-on" rates that look small, ask for the EFFECTIVE monthly rate before comparing.

Term (months)

The true cost

Lalabas ang sagot dito. 👆

Maging matalino sa utang (FAQ)

Paano kinukuha ang monthly?

Standard amortization formula: M = P × i(1+i)ⁿ ÷ ((1+i)ⁿ − 1), where i = monthly rate (annual ÷ 12) and n = months. Same math banks use.

Add-on rate vs effective rate?

"1.5% add-on" sounds cheap but is charged on the ORIGINAL principal every month, effective annual cost can be nearly double. Always ask for the effective interest rate/monthly add-on factor before signing.

Worth it ba mag-advance pay?

Longer terms = lower monthly but way more total interest. If you can shorten the term without breaking your emergency fund, you save real money, recompute here with fewer months and compare.