A loan calculator is one of the easiest ways to plan your borrowing smarter in 2025. Whether you’re considering a personal loan, quick cash loan, or payday loan in the Philippines. Here at Lafingo, we provide different loan calculators that can help you plan for your finances carefully in 2025:
Loan calculator
* Only for informational purposes
Loan calculator 101: How it works and why borrowers need it
A loan calculator is a tool that allows potential borrowers to figure out how much it will cost them to borrow money, depending on various factors such as principal loan amount, repayment term, and interest rates. This digital tool is designed to support borrowers in conducting thorough financial planning.
Other benefits of a loan calculator in the Philippines include time savings, enhancement of budgeting, and help in the prevention of over-borrowing. Loan calculators in the Philippines aid borrowers in taking better control of their financial planning and making careful money-related decisions.
The basics of the loan calculator in the Philippines in 2025
An online loan calculator is an empowering digital tool that lets users assess the loan deals they’d like to avail of by simply entering basic loan information, such as the amount to be borrowed, the duration of the repayment of loans, and the interest rate.
The calculator offers a way for borrowers to know the total interest of the loan, the monthly payments, and the overall borrowing cost. A loan payment calculator is an essential instrument for individuals aiming to make well-informed financial choices when securing loans.
Studies show that the majority of borrowers—some 70 percent— tend to use financial estimators before filing their loan requests to ensure that they do not overborrow or take loan terms that do not fit their respective budgets.
For example, a borrower who needs funds and is considering taking out a loan can use the loan calculator to determine the monthly payments and total interest payments. Let us say, the person will need PhP 10,000 at 12% per annum (p.a.) and wishes to pay the loan in 12 months.
A loan calculator will then allow the potential borrower to know how much the monthly payments will be and the overall cost of borrowing. If, for example, the monthly repayment amount seems to heavy for the borrower, then he or she can extend the repayment term to 18, 24, 30, or 36 months as allowed by the loan provider.
Thus, aside from knowing the cost of borrowing and monthly repayments, a loan calculator PH helps individuals improve their financial well-being.
TOP-10+ loans in the Philippines in December 2025 ⭐
-
Info and reviewLoan from PHP 500 to PHP 20,000 MoneyCat understands that not everyone may have a perfect credit history. While a good credit score can be beneficial, it’s not always a strict requirement for loan approval. MoneyCat considers various factors, including your income and repayment capacity, when evaluating loan applications.Fast approvals User-friendly online app 0% interest for new clients All digitalMoneycatGet a loan
-
Info and reviewLoan from PHP 1,000 to PHP 50,000 Full loan repayment – You can pay the entire loan on or before the Next Payment date without any additional costs. You can check the total amount to be paid and payment terms for the loan by logging into your Finbro account. Minimum payment – In case you cannot pay your full repayment yet, Finbro offers an option to make Minimum payment which will prolong your Next Payment date for 7, 14 or 30 days. Details can be found by logging into your Finbro accountMinimal documentation required Fast processing of the application Loans up to PhP 50,000FinbroGet a loan
-
Info and reviewLoan from PHP 1,000 to PHP 20,000 Experience easy borrowing with Cash-Express. For a 7-day loan, you’ll benefit from 0% interest on the principal for the first week, transitioning to just 1.99% daily interest after that. Similarly, with a 14-day loan, the interest rate is 1% for the first 14 days, with a low daily rate of 1.99% for any subsequent period.Fast approval; as fast as 5 minutes All digital Easy and intuitive interface Requires only a valid IDCash-expressGet a loan
-
Info and reviewLoan from PHP 1,000 to PHP 50,000 The amount is 30,000 Php, the interest rate per month is 4.5%, and the loan term is 3 months. 4.5 (%) * 3 (months) = 13.5% for 3 months (13.5% * 30,000 Php (loan amount)) / 100% = 4050 Php (amount of accrued interest) 30000 + 4050 = 34050 Php is the amount of money needed to be repaid in 3 months. In case of violation of the terms, the penalty amount is 0.10% of the overdue amount per day, but not more than 10% of the loan amount. In сase of a long delay in repayment, the information will be transferred to the credit bureau. The loan may be extended if the lender is informed in a timely manner (before the loan repayment date) and interest for the initial loan term is paid. There are no additional fees for loan extensions.0% interest rate Applications any time of the day Easy and intuitive interface Fast and reliable seviceCreditniceGet a loan
-
Info and reviewLoan from PHP 1,000 to PHP 25,000 Cash2go provides loan offers ranging from ₱1,000 to ₱25,000 for durations of 61 to 120 days. Lending rates vary by lender, with rates from 0% up to a maximum APR of 143%. For example, if you take out a loan of ₱1,000 with an interest rate of 36% per year and plan to repay it in 3 months, the total payment after 3 months would be ₱1,090.Fast processing and approval Personalized approach Intuitive platformCash2GoGet a loan
-
Info and reviewLoan from PHP 1,000 to PHP 25,000 Loan of 20000 ₱ for 6 months, monthly payment 5716 ₱, total amount 34296 ₱, annual percentage rate APR 143%. APR is the total cost of a loan expressed as a percentage of the total amount of loan granted per year. The maximum APR possible is 180%.0% interest rate for new clients Funds transfer to any bank Easy and intuitive interface No employment background checkSoscreditGet a loan
-
Info and reviewLoan from PHP 100 to PHP 25000 Example of calculating a loan: Loan size – 1000 PHP, duration – 3 months, interest – 48% per annum. ((48/12 * 3) / 100 * 1000) + 1000 = 1120 PHP. Total amount of payment: 1120 PHP.Fast online approval Low entry amount Available 24/7 No collateralBinixoGet a loan
-
Info and reviewLoan from PHP 1,000 to PHP 25,000 Max. APR (annual percentage rate) 180%. Calculation example: 5000 ₱ and a loan term of 3 months, total payment within 3 months: 14810 ₱, of which interest on the loan: 9810 ₱. The minimum loan repayment period is 3 months and the maximum loan repayment period is 1 year.Zero service charges Zero interest for first-time borrowers Fast loan application decisionCredifyGet a loan
-
Info and reviewLoan from PHP 500 to PHP 50,000 The maximum available amount of loan is up to 50 000 pesos The minimum loan term is from 61 days to 60 months. The minimum interest rate is 11.9% per annum, the maximum is no more than 365% per annum.No background checks Quick loan processing Only reliable lending companiesZaimooGet a loan
-
Info and reviewLoan from PHP 1,000 to PHP 25,000 Credy provides loan offers ranging from ₱1,000 to ₱25,000 for durations of 61 to 120 days. Lending rates vary by lender, with rates from 0% up to a maximum APR of 143%. For example, if you take out a loan of ₱1,000 with an interest rate of 36% per year and plan to repay it in 3 months, the total payment after 3 months would be ₱1,090.0% interest on the first loan Easy online application process Quick feedback, only 10 minutesCredyGet a loan
-
Info and reviewLoan from PHP 500 to PHP 30,000 Assume you apply for a loan of 30,000 PhP at a monthly interest rate of 4.5% for a 3-month period. By the loan’s due date, you’ll be charged an additional 4,050 PhP. Hence, your total repayment will be 34,050 PhP. For further clarity, here are interest calculations that reveal the repayment sum (inclusive of interest) for typical service users. Loan amount: 30,000 PhP; monthly interest: 4.5%; loan term: 3 months. The 3-month period accrues interest at 4.5(%) * 3(months) = 13.5%. This equates to (13.5% * 30,000 PhP (loan amount))/100% = 4,050 PhP (accumulated interest). So, 30,000 PhP (loan amount) + 4,050 PhP (interest) = 34,050 PhP, which is due in three months. If a payment is delayed, the penalty fee is 0.10% daily, but it won’t exceed 10% of the loan amount. In case of significantly overdue payments, your information will be reported to a credit bureau. However, a loan extension can be arranged if the lender is informed promptly (before the loan due date) and if the interest for the original loan period is paid. No extra charges apply for loan extensions.40+ online lending partners Fast application and approval High approval rateMazillaGet a loan
-
Info and reviewLoan from PHP 500 to PHP 25,000 Crezu does not charge any service fees. It’s absolutely FREE! The loans offered have minimum repayment terms of 61 days (2 months) and maximum repayment terms of 120 days (4 months). Lending rates vary from lender to lender in the range from 12% to a maximum APR of 36%. For example, for a loan of ₱ 10,000 that will be paid in 3 months, the total payment of the loan will be ₱ 15,000.0% interest on the first loan Does not ask for credit history Easy and fast applicationCrezuGet a loan
-
Info and reviewLoans from 1000 PHP to 10 000 PHP Borrow ₱10,000 for 30 days with no interest (new client); repay ₱10,000 only.0% promo Fast processing Easy online form 24/7 availabilityHoneyLoanGet a loan
The features of a loan calculator
A loan interest calculator comes with several primary features to ensure effectiveness and ease of use.
- Amortization schedule – This feature provides a breakdown of the borrower’s payments over time, detailing the principal, interest, and the remaining loan balance. This is valuable for long-term budget planning, particularly in managing financial and loan repayment obligations.
- Flexibility in terms and amounts – A loan calculator must allow users to adjust variables including amount to be borrowed, repayment term or duration, and interest rate. This way, borrowers can assess whether they can afford the monthly repayments or whether they need to extend the loan repayment terms or lower the principal amount. A simple loan calculator that offers flexibility in the inputs will be useful for prudent financial planning.
- Quick results – A personal loan calculator must be able to provide quick calculations or feedback to users to allow them to make quick but sound financial decisions.
- Transparency – Most companies offering cash loans also provide a loan calculator, offering transparency by adding a note that the results provided by the online loan calculator do not include processing or administration fees, as they are charged separately.
- Comparison tools – Some loan calculators in the Philippines allow borrowers to compare the loan terms of various providers side by side, enabling them to easily select the loan offering that best suits their needs. Comparison tools enable users to do their loan research easily and decide quickly.
- Intuitive interface – Many loan calculators are built with intuitive interfaces, thus allowing practically anyone, even the technologically-challenged borrowers, to use the calculators. No need for advanced computer skills or deep financial adequacy skills. Users simply enter the basic information about their planned loans.
- Type of loan – Advanced loan calculators may be able to handle the different types of loans, such as business, personal, home, or car loans, since the interest computation methods may vary from one loan type to another.
- Visual representation – Some loan calculators are paired with graphical representations such as bar or pie charts, allowing users to view the proportion of the total interest payments vis-à-vis the overall loan repayment figure.
Why use a loan calculator: understanding the benefits
A loan calculator in the Philippines offers several benefits. Let’s check these benefits!
Time savings
A loan calculator simplifies the loan calculation process, so borrowers will have quick information, sparing them from the lengthy process of manual calculations.
Accuracy
Some borrowers would try calculating the overall cost of borrowing using the factor rate provided or published by the loan provider. Manual calculations, however, are prone to mistakes or inaccuracies. On the other hand, a loan repayment calculator provides accurate amounts of interest payments over time and the total amount to be repaid in just a few clicks.
Better appreciation of one’s financial standing
A loan calculator offers users a way of visualising potential loan repayments, so they end up having a deeper appreciation of their current financial standings and commitments, enabling them to improve their budgeting or spending habits.
Over-borrowing prevention
It is tempting to take large loans as long as they are available. Loan calculation tools provide in-depth insights into monthly loan repayments and total borrowing costs, enabling users to avoid taking out large loans that they’ll struggle to pay off.
More confidence for negotiation
Before consulting with loan company representatives, individuals planning to take out significant loans can utilize a car loan or mortgage loan calculator. This preparation will equip borrowers with greater confidence when negotiating loan terms, should negotiation be necessary.
Informed financial decisions
Loan calculators let users explore different borrowing scenarios by letting them enter various principal amounts, interest rates, and loan repayment periods so they can determine which loan offers or terms are best for them, given their current financial situation.
-
Info and review Moneycat.ph MoneyCat understands that not everyone may have a perfect credit history. While a good credit score can be beneficial, it’s not always a strict requirement for loan approval. MoneyCat considers various factors, including your income and repayment capacity, when evaluating loan applications.Get a loan
-
Info and review Finbro.ph Full loan repayment – You can pay the entire loan on or before the Next Payment date without any additional costs. You can check the total amount to be paid and payment terms for the loan by logging into your Finbro account. Minimum payment – In case you cannot pay your full repayment yet, Finbro offers an option to make Minimum payment which will prolong your Next Payment date for 7, 14 or 30 days. Details can be found by logging into your Finbro accountGet a loan
-
Info and review Cash2go.ph Cash2go provides loan offers ranging from ₱1,000 to ₱25,000 for durations of 61 to 120 days. Lending rates vary by lender, with rates from 0% up to a maximum APR of 143%. For example, if you take out a loan of ₱1,000 with an interest rate of 36% per year and plan to repay it in 3 months, the total payment after 3 months would be ₱1,090.Get a loan
-
Info and review Soscredit.ph Loan of 20000 ₱ for 6 months, monthly payment 5716 ₱, total amount 34296 ₱, annual percentage rate APR 143%. APR is the total cost of a loan expressed as a percentage of the total amount of loan granted per year. The maximum APR possible is 180%.Get a loan
How to calculate loan interest using a loan calculator
Loan calculators offer information on loan interest payments, monthly amortisation, and the overall cost of borrowing. Here’s how.
Step 1: Enter details of the loan
- Loan amount is the total amount users wish to borrow.
- Loan term is the duration for the repayment of the loan, which can be in months or years.
- Interest rate is the cost of money and is typically provided as an annual rate instead of a daily or monthly rate.
Step 2: Calculate the payment
After inputting details, click on the calculate button. The calculator will then provide the estimated monthly payment, total interest cost, and the overall amount the borrower will have to pay for the duration of the loan period.
Step 3: Compare and repeat the computation as needed
Users have the option of repeating steps 1 and 2 by simply chasing the principal amount, loan terms, and interest rates so they can compare various scenarios. Repeating steps 1 and 2 and comparing the various calculations enables borrowers to find loan terms that are within budget and can help them achieve their financial goals.
For example, a longer loan term will result in lower monthly payments but higher total interest rates. On the other hand, a shorter loan term with higher monthly payments can mean lower total interest payments to be made. Comparing helps prevent over-borrowing.
Loan calculator
* Only for informational purposes
Use Lafingo loan calculator and find the best online loan now in 2025
Loan calculators are useful tools that enable borrowers to navigate the complex realities of taking out loans since they offer quick and clear insights regarding future financial obligations.
As most loan calculators offer flexibility, borrowers can change the loan variables such as principal loan amount, duration of the loan, and interest rates. These tools will pave the way for prudent financial planning so borrowers can manage their finances more carefully and diligently.
At Lafingo, we believe in transparent and informed lending. Our calculator provides estimates free of hidden fees, giving you realistic insights before you even begin the application process. Whether you need a small emergency loan or a larger personal loan, the Lafingo loan calculator enables smart budgeting in just minutes.
Frequently Asked Questions (FAQs) about loans calculator 🔎
-
What is a loan calculator and how does it work?
-
Why should I use the Lafingo loan calculator?
-
What are the benefits of using a loan calculator❓
-
How does a loan calculator in the Philippines work❓
-
How can a loan calculator help me manage my finances❓
-
Can I compare different lenders using a loan calculator❓
-
What’s the benefit of using a loan calculator before applying❓
helpful-article-en