BPInoy Seafarer's Home Loan | Loan Calculator
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| MONTHLY PAYMENT FACTOR |
| INTEREST RATE |
8.00% |
8.25% |
8.50% |
8.75% |
9.00% |
| TERM |
OFF-BOARD PERIOD |
 |
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5 Years |
0 Months |
0.020276 |
0.020396 |
0.020517 |
0.020637 |
0.020758 |
| 2 Months |
0.024331 |
0.024476 |
0.024620 |
0.024765 |
0.024910 |
| 3 Months |
0.027035 |
0.027195 |
0.027355 |
0.027516 |
0.027678 |
| 4 Months |
0.030415 |
0.030594 |
0.030775 |
0.030956 |
0.031138 |
| 5 Months |
0.034760 |
0.034965 |
0.035171 |
0.035378 |
0.035586 |
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| INTEREST RATE |
9.25% |
9.50% |
9.75% |
10.00% |
10.25% |
| TERM |
OFF-BOARD PERIOD |
|
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5 Years |
0 Months |
0.020880 |
0.021002 |
0.021124 |
0.021247 |
0.021370 |
| 2 Months |
0.025056 |
0.025202 |
0.025349 |
0.025496 |
0.025644 |
| 3 Months |
0.027840 |
0.028002 |
0.028166 |
0.028329 |
0.028494 |
| 4 Months |
0.031320 |
0.031503 |
0.031686 |
0.031871 |
0.032055 |
| 5 Months |
0.035794 |
0.036003 |
0.036213 |
0.036424 |
0.036635 |
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| INTEREST RATE |
10.00% |
10.25% |
10.50% |
10.75% |
11.00% |
| TERM |
OFF-BOARD PERIOD |
|
|
|
|
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10 years |
0 Months |
0.013215 |
0.013354 |
0.013494 |
0.013634 |
0.013775 |
| 2 Months |
0.015858 |
0.016025 |
0.016192 |
0.016361 |
0.016530 |
| 3 Months |
0.017620 |
0.017805 |
0.017991 |
0.018178 |
0.018367 |
| 4 Months |
0.019823 |
0.020031 |
0.020240 |
0.020451 |
0.020663 |
| 5 Months |
0.022654 |
0.022892 |
0.023132 |
0.023372 |
0.023614 |
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|
| INTEREST RATE |
10.00% |
10.25% |
10.50% |
10.75% |
11.00% |
| TERM |
OFF-BOARD PERIOD |
|
|
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|
|
15 years |
0 Months |
0.010746 |
0.010900 |
0.011054 |
0.011209 |
0.011366 |
| 2 Months |
0.012895 |
0.013079 |
0.013265 |
0.013451 |
0.013639 |
| 3 Months |
0.014328 |
0.014533 |
0.014739 |
0.014946 |
0.015155 |
| 4 Months |
0.016119 |
0.016349 |
0.016581 |
0.016814 |
0.017049 |
| 5 Months |
0.018422 |
0.018685 |
0.018950 |
0.019216 |
0.019485 |
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| How can I compute for my estimated monthly payment? |
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| 1. |
Choose the rate closest to BPI Direct Savings Bank's current prevailing rate. |
| 2. |
On the left column, select the desired loan term and your applicable off-board period |
| 3. |
Match the interest rate to your desired term and off-board period to arrive at the monthly payment factor. |
| 4. |
Multiply the amount of your loan by the monthly payment factor to arrive at the projected monthly payment amount. |
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Example: |
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Amount of Loan |
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P1.0M |
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Interest Rate |
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10% p.a. |
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Term |
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15 years |
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Off-Board Period |
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3 months |
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= |
P1.0M x .014328 |
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= |
P14,328.00* |
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* |
Please note that the resulting amount is only an indication. This computation does not include fees and charges and assumes that interest rate is the same for the full term of the loan. |
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