Personal Loan Calculator Philippines 2026
Calculate your monthly amortization, total interest, and true cost for personal loans from BDO, BPI, Metrobank, Security Bank, and others. Supports both add-on rate (PH banks) and EMI APR modes — see effective APR and DTI ratio instantly.
Loan details
Your monthly payment
Monthly Amortization
₱0
for 24 months at 1.3%/mo add-on
Payment Breakdown
PH Bank Personal Loan Rates (2026)
BDO
1.30%/mo
25.98% APR · 6-36 mo
BPI
1.28%/mo
25.60% APR · 12-36 mo
Metrobank
1.25%/mo
25.00% APR · 12-36 mo
Security Bank
1.39%/mo
27.78% APR · 12-36 mo
RCBC
1.30%/mo
25.98% APR · 12-36 mo
Citibank
1.18%/mo
23.64% APR · 12-60 mo
HSBC
0.82%/mo
16.32% APR · 12-36 mo
UnionBank
1.39%/mo
27.78% APR · 12-36 mo
Add-on rate vs EMI
PH banks quote add-on rate (e.g., 1.3%/month). This makes interest look small but is more expensive than it appears.
- Total interest = Loan × monthly rate × months
- Example: ₱100K at 1.3%/mo for 24 mo = ₱31,200 interest
- Interest calculated on ORIGINAL balance, not declining
EMI rate (true APR): Interest on declining principal each month. Standard for housing/car loans.
Rule of thumb: Monthly add-on × 20-22 ≈ effective APR. So 1.3%/mo add-on ≈ 25-26% APR.
DTI ratio explained
DTI = Total monthly debt ÷ Gross monthly income.
- < 30%: Healthy. Strong approval odds.
- 30-40%: Acceptable. May approve with conditions.
- 40-50%: Risky. Most banks reject.
- > 50%: Almost always rejected.
Pro tip: Pay off credit cards first — banks count credit card minimums in DTI.
Hidden costs to watch out for
- Processing fee: 3-5% deducted upfront. You receive less but pay interest on full amount.
- Pre-termination fee: 3-5% of outstanding balance if paid off early.
- Late payment: 3-5% + 12%/yr interest on overdue.
- Insurance bundling: Credit Life Insurance often pushed (1-2% of loan).
- DST: ₱1.50 per ₱200 of loan (₱750 on ₱100K).
Cheaper alternatives
- SSS Salary Loan: 10% APR, max 2 months salary, 24-month term.
- Pag-IBIG Multi-Purpose: 10.5% APR, up to 80% of contributions.
- Credit card cash advance: 36% APR but flexible repayment.
- 0% installment via credit card: Up to 24 months for appliances.
- Family loan: Zero interest, document with promissory note.
Avoid: Online lending apps (Cashalo, Tala) often hit 100%+ APR.