Loan repayment estimator (Philippines)
Get a feel for the APR, total cost, and monthly payment before you commit. Slide the amount and term to compare scenarios side by side. Every figure here is an indicative estimate — your actual rate is set by the matched SEC-licensed partner lender after their credit assessment.
Estimate only — not a loan offer. The amount you’re approved for is decided by the matched partner lender and may be lower than what you request (first-time borrowers often start smaller). Your real interest, fees, and APR are set by the lender’s credit assessment and spelled out in the loan agreement before you sign, within the ceilings of BSP MC 1133 s.2021 and SEC MC 18 s.2019.
Working the estimator
Slide to any amount from ₱2,000 to ₱25,000, then tap a repayment window between 15 and 135 days. The tool then lays out an estimated monthly payment, the total you would repay, the interest portion, and an annualized APR. Read these as a ballpark — the offer that counts is the one your matched SEC-licensed partner lender produces after assessing your credit.
What the APR actually rolls up
APR, or Annual Percentage Rate, expresses the whole cost of a loan on a yearly basis — the base interest plus any processing fees combined. BSP Circular 1133 s.2021 caps nominal monthly interest on online loans at 6% (with effective interest capped at 15% a month) on amounts up to ₱10,000 over 365-day terms, and the short-term, small-ticket loans you can be matched with sit comfortably inside those limits.
How this stacks up against a bank
A regular Philippine bank might quote 12-30% APR on a personal loan, but it will also ask for employment papers, collateral, or a credit track record. SEC-licensed online lenders trade a higher APR for speed — approval in minutes on a single valid ID — which is simply the price of unsecured, short-term borrowing. Going through Aprubado means you can line up a few offers and pick the best one instead of taking the first. Read the disclosure carefully before you sign anything.
Frequently asked questions
Will I actually be quoted these numbers?
Not necessarily — everything on this page is an estimate. The rate that binds comes from the SEC-licensed partner lender you match with, based on their credit assessment, which usually takes just a few minutes once your form is in.
Is early repayment allowed?
With most partner lenders, yes, and paying ahead of schedule trims the interest you owe. Reach out to your matched lender to close the loan early through GCash, Maya, or one of their bank partners.
What happens if I am late?
A late fee kicks in, though you will get a reminder 3 days before the due date. If the timing is tight, message support right away — a restructured plan is often on the table.
Why does this beat my bank on speed but not on APR?
Unsecured short-term loans carry a higher APR because the lender shoulders more risk and turns the loan around in minutes rather than weeks. When you need a bigger sum or a longer horizon, a traditional bank loan is usually the cheaper route.