Reference
Philippine bank and government financial products — rates, terms, and fees for reference. Always verify directly with the institution before making decisions.
Credit Card · checked October 3, 2026
These convert a card balance or available credit into installments. The offer’s add-on rate and term are quote-specific; do not assume a published example is available to every cardholder.
| Issuer / product | Published processing fee | Rate and term |
|---|---|---|
| BPI Balance Conversion / Credit-to-Cash / Balance Transfer | ₱500 up to ₱50,000; ₱700 above ₱50,000 (effective September 17, 2026) | Offer-specific; published add-on up to 1% monthly |
| Metrobank Balance Conversion | ₱500 per approved installment | Use actual offer |
| Metrobank Cash2Go / Balance Transfer | ₱350 per approved installment | Use actual offer |
| BDO and other issuers | Check current schedule; fees may have changed | Use actual offer and eligible product |
Official sources: BPI fees; Metrobank fees; BDO fee updates.
Compare a balance-conversion quote →Credit Card · merchant-specific
A 0% interest offer can still cost more than the cash price. Confirm the merchant’s total price, eligible card, term, minimum purchase, and any fees. Enter the actual merchant total in the installment calculator to compare it with bank conversion.
Loans · quote-dependent
Use the lender’s actual offer rather than a generic bank rate. A monthly add-on rate is not the same as a monthly effective rate; multiplying an add-on rate by 12 does not give the annual effective cost.
| Quote field | Why it matters |
|---|---|
| Interest method | Flat add-on, declining-balance nominal, or effective rate must be identified |
| Amount and net proceeds | Fees deducted upfront reduce the cash you actually receive |
| Term and payment | Use the exact number of installments and lender's quoted payment |
| Fees and taxes | Include origination fees, applicable DST, insurance, and other mandatory charges |
| DST estimate | 0.75%; terms below one year are prorated by actual days / 365. Exemptions are conditional, not automatic for every loan below ₱250,000 |
RA 12214, Section 21 supplies the current debt-instrument DST formula. The calculator’s month-based short-term tax estimate is not a tax assessment.
Loans · personalized offers
Eligibility, limits, rates, and deductions are personalized. Read the in-app disclosure before accepting. No generic “19%–34% EIR” range is reliable across products with different interest methods and fees.
Enter the offer’s monthly add-on rate only if it explicitly uses add-on interest. For a quoted payment or another rate method, use the flexible financing comparison and itemize all charges.
Compare quoted payments and rate methods →Government · checked October 3, 2026
Salary loans use diminishing-balance interest, not flat add-on interest. “One-month” and “two-month” refer to the loan amount, not the repayment term.
| Detail | Current published terms |
|---|---|
| Interest | 8% p.a. for initial loans and qualifying renewals; 10% for renewals with salary-loan penalty condonation within the past five years |
| Repayment | 24 equal monthly amortizations for both amount tiers |
| One-month amount tier | 36 posted monthly contributions, including six in the last 12 months |
| Two-month amount tier | 72 posted monthly contributions, including six in the last 12 months |
| Service fee | 1% of approved amount; advance prorated interest also deducted |
Other eligibility rules apply. The installment calculator models flat add-on loans and must not be used as an SSS loan quote.
Government · program-specific
Rates depend on the program, fixing period, property, and applicant. A 30-year repayment term does not mean the introductory rate is fixed for 30 years.
| Item | What to confirm |
|---|---|
| Maximum loan | Expanded to up to ₱10 million in 2026, subject to eligibility, valuation, and capacity to pay |
| Repayment term | Up to 30 years, subject to age and other eligibility rules |
| 2026 promotions | Government announcements describe 4.5% / 5.75% offers for qualifying tiers; verify the current program and fixing period |
| After rate fixing | Use the applicable repricing terms; a constant-rate simulation is only a scenario |
| Insurance and charges | Obtain MRI, fire insurance, valuation, and other charges from the actual quote |
| Acquired assets | Discount, down payment, and interest depend on the specific sale batch and payment mode |
Sources: May 2026 loan-limit announcement; July 2026 promotional-rate announcement. Consult Pag-IBIG for actual eligibility and terms. Announcements are not an individual loan quote.
Loans · quote-dependent
Interest methods and collateral charges vary by lender and offer. Do not assume every auto loan uses the same flat rate or a universal mortgage-fee percentage.
| Compare | Include in the quote |
|---|---|
| Purchase price | Cash discounts, reservation credit, accessories, and dealer charges |
| Financing | Principal, down payment, term, rate method, quoted monthly, and payment timing |
| Other costs | Mortgage/security charges, insurance, registration, and recurring fees |
| Included or waived fees | Avoid counting a fee twice when already included in a quoted amount |
Loans · fixing and repricing matter
Obtain a dated offer showing the interest rate, fixed-rate period, repricing method, term, fees, insurance, and required down payment. A promotional rate is not necessarily fixed for the full loan term.
Rent vs. Buy holds your chosen mortgage rate constant to explore scenarios. Run several plausible rates; it does not forecast future repricing or establish loan eligibility.
Explore constant-rate rent-versus-buy scenarios →Reference
A quick comparison of typical rates and interest methods across major product types.
| Product Type | Interest Method | Rate source | Effective cost |
|---|---|---|---|
| Credit card revolving | Average daily balance / issuer terms | Issuer schedule | Depends on billing and payments |
| CC balance conversion | Usually add-on (flat) | Actual offer | Solve cash flows including fees |
| Personal / car loan | Offer-specific | Actual offer | Do not annualize add-on simply ×12 |
| SSS salary loan | Diminishing balance | 8% / 10% p.a.; see current terms | Includes service fee and deductions |
| Housing loan | Declining balance | Program and fixing-period specific | Nominal rate is not compounded annual cost |
Regulatory
| Regulation | Limit |
|---|---|
| Credit card revolving interest | 3% per month / 36% per annum |
| Credit-card installment add-on rate | 1% per month maximum (not a blanket cap on all loans) |
| Cash advance processing fee | ₱200 per transaction maximum |
Source: BSP Circular No. 1098 (2020), updated by Circular No. 1165 (2023).
Rates, fees, and terms shown are based on publicly available information and are subject to change. Promo rates are often invitation-only or limited-time. Always verify directly with the bank or institution before making any financial decision.