EMI Calculator Philippines
Work out your monthly loan instalment in PHP, see the total interest, and compare it against rates Philippines banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Philippines
Buzdy tracks 10 banks in Philippines with 330 branches across 45 cities. EMI results on this page are shown in PHP. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Looking for a credit card in the Philippines?
Compare what banks in the Philippines actually offer — rates, fees and eligibility, updated for 2026.
Credit card interest rates in Philippines
| Card | Bank | Interest rate | Annual fee | Interest-free days |
|---|---|---|---|---|
| RCBC Visa Platinum | RCBC | 2% per month (24% p.a.) | PHP5,000/year (free 1st year) | Up to 21 days |
| PNB-PAL Mabuhay Miles Mastercard | PNB | 2% per month (24% p.a.) | PHP1,000/year (free first 3 years) | Up to 21 days |
| RCBC Bankard Mastercard Classic | RCBC | 2% per month (24% p.a.) | PHP1,250/year (NAFFL promo — free for life with min spend) | Up to 21 days |
| EastWest Platinum Mastercard | EastWest Bank | 2% per month (24% p.a.) | Free lifetime membership — no annual fee | Up to 21 days |
| EastWest Visa Platinum | EastWest Bank | 2% per month (24% p.a.) | PHP3,600/year (waived with PHP1.5M annual spend) | Up to 21 days |
| EastWest Priority Visa Infinite | EastWest Bank | 2% per month (24% p.a.) | Waived for Priority Banking clients | Up to 21 days |
| PNB Platinum Mastercard | PNB | 2% per month (24% p.a.) | PHP3,000/year (free 1st year; supplementary free for life) | Up to 21 days |
| PNB Ze-Lo Mastercard | PNB | 1.88% per month (22.56% p.a.) | No annual fee for life — zero conditions | Up to 21 days |
| PNB Diamond UnionPay | PNB | 2% per month (24% p.a.) | Free annual fee for life | Up to 21 days |
| RCBC Flex Gold Visa | RCBC | 2% per month (24% p.a.) | PHP3,000/year (free 1st year with NAFFL promo) | Up to 21 days |
| Chinabank Freedom Mastercard | Chinabank | 2% per month (24% p.a.) | Perpetual fee waiver — free for life (principal + supplementary) | Up to 21 days |
| Chinabank Platinum Mastercard | Chinabank | 2% per month (24% p.a.) | PHP3,500/year (free 1st year) | Up to 21 days |
| Chinabank World Mastercard | Chinabank | 2% per month (24% p.a.) | PHP6,000/year (waived 1st year; supplementary waived) | Up to 21 days |
| Chinabank Cash Rewards Mastercard | Chinabank | 2% per month (24% p.a.) | Perpetual fee waiver — free for life | Up to 21 days |
| Landbank Gold Mastercard | Landbank | 2% per month (24% p.a.) | PHP2,500/year principal; PHP1,000/year supplementary | Up to 21 days |
| Landbank Classic Mastercard | Landbank | 2% per month (24% p.a.) | PHP1,000/year principal; PHP250/year supplementary | Up to 21 days |
| RCBC Flex Visa | RCBC | 2% per month (24% p.a.) | PHP1,500/year (NAFFL promo available) | Up to 21 days |
| Landbank Easy Pay Installment | Landbank | 1.5% per month (18% p.a.) for Easy Pay | No additional fee — uses existing Gold/Classic card | — |
| BDO Visa Gold | BDO Unibank | 2.00% per month | — | — |
| Metrobank Visa Platinum | Metrobank | 2.00% per month | — | — |
| BDO Mastercard Standard | BDO Unibank | 2.00% per month | — | — |
| BDO Shopmore Mastercard | BDO Unibank | 2.00% per month | — | — |
| BPI Visa Signature | BPI | 2.00% per month | — | — |
| BPI Visa Gold | BPI | 2.00% per month | — | — |
| BPI Blue Mastercard | BPI | 2.00% per month | — | — |
Relevant if you convert a card purchase into monthly instalments. 36 cards with a published rate.
Worked example — repaying PHP 100,000 of card balance over 5 years in Philippines
- Balance
- PHP 100,000
- Rate used
- 1.5% per month (≈18% a year)
- Tenure
- 60 months
- Monthly EMI
- PHP 2,539
- Total interest
- PHP 52,361
Rate taken from Landbank Easy Pay Installment (Landbank) — the lowest published credit card rate we hold for Philippines. Buzdy does not yet hold personal loan rates for Philippines, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.
Banks we track in Philippines
Keep going in Philippines
Guides for Philippines
Philippines — frequently asked questions
What does PHP 100,000 on a credit card cost per month in Philippines?
At 18% a year over 60 months the instalment works out at about PHP 2,539, or PHP 52,361 of interest in total. That rate comes from Landbank Easy Pay Installment by Landbank, the lowest published credit card rate Buzdy holds for Philippines. We do not yet hold personal loan rates for Philippines — bank loan rates are usually well below card rates.
What interest rate do credit cards charge in Philippines?
Across the 36 cards with a published rate in Philippines, quoted rates run from 1.5% per month to 2% per month. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Philippines?
Buzdy maps 330 bank branches in Philippines across 45 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.