If you choose a Loan Limit of:
₱ 10,000.00 pesos and Term of 120 Days
The Total Interest that must be paid:
10,000.00*0.05%*120 = ₱ 600.00
Total interest that must be paid Service Fee:
10,000.00*0.3% = ₱ 30.00
Interest Payable per Month:
10,000.00*0.05%*30 = ₱ 150.00
Monthly Repayment Bill Includes Principal and Interest payable:
10,000.00+150.00 = ₱ 2,650.00
Total Repayment Due:
10,00.00 + 600.00 + 30.00 = ₱ 10,630.00