Here are some of the features of our credit calculator:
- Easy-to-use interface: Our calculator is designed to be simple and straightforward, so you can get the information you need quickly and easily about your potential personal loan.
- Accurate results: Our calculator uses the latest interest rates and fees to provide you with accurate and up-to-date information for your personal loan options.
- Flexible options: You can choose from a variety of interest rates and terms to see how they affect your monthly payments and total interest on your personal loan.
Payment calculation for personal loan with an online application for the amount 10000 for a period of 12 months
| Payment number | Payment date | Payment amount | Principal debt | In interest payment | Annual fee/Insurance | Remaining debt after payment |
| 1 | 21.03.2025 | 440 | 397.53 | 42.47 | 0 | 4602.47 |
| 2 | 21.04.2025 | 440 | 402.17 | 37.83 | 0 | 4200.29 |
| 3 | 21.05.2025 | 440 | 404.33 | 35.67 | 0 | 3795.97 |
| 4 | 21.06.2025 | 440 | 408.8 | 31.2 | 0 | 3387.17 |
| 5 | 21.07.2025 | 440 | 411.23 | 28.77 | 0 | 2975.94 |
| 6 | 21.08.2025 | 440 | 414.72 | 25.28 | 0 | 2561.21 |
| 7 | 21.09.2025 | 440 | 418.95 | 21.05 | 0 | 2142.26 |
| 8 | 21.10.2025 | 440 | 421.81 | 18.19 | 0 | 1720.46 |
| 9 | 21.11.2025 | 440 | 425.86 | 14.14 | 0 | 1294.6 |
| 10 | 21.12.2025 | 440 | 429 | 11 | 0 | 865.59 |
| 11 | 21.01.2026 | 440 | 432.65 | 7.35 | 0 | 432.94 |
| 12 | 21.02.2026 | 437 | 433.68 | 3.32 | 0 | 0 |
Attention! The calculations received on the Ploan.ph site are for informational purposes only. We use calculation formulas used by most banks; however, each bank may have its own specific calculations.
The Ploan.ph calculator is an essential tool for anyone looking to understand the financial implications of taking out a loan. It provides a user-friendly interface that simplifies complex calculations, making it easier for borrowers to make informed decisions. Below, we will explore how to use this calculator effectively, focusing on key queries such as how to calculate interest rate on a loan, how to calculate interest rate per month on loan, how to calculate monthly payment on a loan, and how to calculate SSS salary loan.
Understanding Loan Calculations
How to Calculate Interest Rate on a Loan
Calculating the interest rate on a loan involves determining the percentage of the principal that will be charged as interest over a specific period. The formula used is:
Using the Ploan.ph calculator, you can input your loan amount and term to see how different interest rates affect your total repayment amount. This feature allows you to compare various lending options and choose the one that best fits your financial situation.
How to Calculate Interest Rate Per Month on Loan
To find out how much interest you will pay each month, you can use the following formula:
The Personal Loan calculator simplifies this process by allowing you to select different annual interest rates and automatically calculating the corresponding monthly rates. This is particularly useful for borrowers who want to understand their monthly financial commitments.
How to Calculate Monthly Payment on a Loan
To determine your monthly payment, you can use the formula:
Where:
- M is the total monthly payment
- P is the principal loan amount
- r is the monthly interest rate (annual rate divided by 12)
- n is the number of payments (loan term in months)
The Ploan.ph calculator not only provides this calculation but also breaks down how much of each payment goes toward principal versus interest. This transparency helps borrowers understand their repayment structure better.
How to Calculate SSS Salary Loan
For those interested in government loans like the SSS salary loan, the calculation typically involves understanding both the maximum amount eligible and the repayment terms set by the Social Security System. While specific formulas may vary, using the Ploan.ph calculator can help estimate potential monthly payments based on different loan amounts and terms.
Features of the Personal Loan Calculator
- Easy-to-Use Interface: The calculator is designed for simplicity, allowing users to input data quickly and receive immediate results.
- Accurate Results: It utilizes current interest rates and fees, ensuring that users have access to up-to-date information.
- Flexible Options: Users can adjust parameters such as loan amount and term length, providing a comprehensive view of potential financial obligations.
Conclusion
The Personal Loan calculator serves as an invaluable resource for anyone looking to navigate the complexities of loan calculations. By understanding how to calculate interest rate on a loan, how to calculate interest rate per month on loan, how to calculate monthly payment on a loan, and how to calculate SSS salary loan, borrowers can make more informed decisions regarding their financial futures. Whether you're considering a personal loan or an SSS salary loan, utilizing this tool can significantly enhance your understanding of your financial landscape.
The best loans with online application
Interest |
Loan amount |
Term |
Borrower age |
SEC registered |
||
|---|---|---|---|---|---|---|
|
from 0% up to 1.99% per day
|
₱1,000 — ₱20,000
|
7 or 14 days
|
21 — 70 years
|
Company Registration No. CS201951088 and Certificate of Authority No. 2918
|
||
|
0.16% per day
|
₱500 — ₱25,000
|
from 2 to 6 months
|
20 — 55 years
|
SEC Registration No. CS201918702. Certificate of Authority No. 3169, NPC Registration No. PIC-001-791-2021
|
||
|
APR 59.9%
|
₱1,000 — ₱25,000
|
from 2 to 6 months
|
21 — 70 years
|
SEC Registration No. 202003056. Certificate of Authority No. 1272
|
