BSP

Philippines Loan Calculator 2026: Monthly Payment, Total Interest & EIR

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Philippines Loan Calculator 2026 for estimating monthly payments and loan interest

Planning to take out a personal loan in the Philippines? Before accepting a loan offer, it is important to understand more than just the advertised monthly interest rate. A loan advertised at 1.5% per month does not necessarily mean that your actual annual borrowing cost is simply 18%. Processing fees, other upfront charges, the repayment … Read more

Philippine Peso Weakens Past ₱62 per Dollar: What It Means for Filipinos in 2026

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The Philippine peso has entered another difficult period. On August 28, 2026, the peso weakened past the ₱62 level against the US dollar, putting the currency near historically weak territory and once again raising concerns about inflation, fuel prices, imported goods, and the cost of living in the Philippines. For many Filipinos, however, exchange rates … Read more