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Metrobank loan calculator

Metrobank loan calculator online in the Philippines in 2022. How to figure out the loan yourself? A handy tool that will show whether you can pay off a loan, help you choose lending with affordable payments.

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Calculate the loan at Metrobank
Interest rates are given in accordance with the rates of the Metrobank in Manila as of 04.12.2022
Loan amount

Specify the desired loan amount

20000 ₱
1000000 ₱
Loan term

Specify the loan term for the calculation

Annual Effective Interest Rate

Choose the interest rate on the loan

30.124 %
51.178 %
Type of payments

Specify the type of payment for calculating

Fill out an application for a loan!
Fill out an application for a loan!

Take advantage of our loan selection system with a free credit rating check!

You should consider several things before applying for a loan from Metrobank. The question ofhow do I repay the loan?” is at the top of this contemplation list. If you have a strong response, you are almost probably ready to take the loan once all other prerequisites are met. To effectively answer that question, you must first determine how much you would return, including interest and other expenses. As a result, this underscores the need for a loan calculator, which shows you what and the amount you would pay on a regular basis within the payback duration. The tool requires little skill to use.

What is the Metrobank loan calculator?

A Metrobank loan calculator is a bank tool that allows you to estimate how much a Metrobank personal or home loan will cost you to repay. It shows the total amount you may obtain from the bank, the total interest you'd have to pay, and the minimum monthly payment you'd have to make to pay off the loan within the loan payback term. As a result, all you have to do is enter the specifics of your loan into the tool, and it will handle the rest. A Metrobank loan calculator may be used for a couple of Metrobank loans, including Metrobank housing loans and personal loans.

Metrobank housing loan calculator

The Metrobank housing loan calculator estimates your possible monthly repayment, your minimum income requirement, and the maximum amount you may borrow based on the information you enter. To calculate these, the bank requests your personal information, such as the loan amount you desire, the loan term, your gross monthly income, and so on.

Metrobank personal loan calculator

The Metrobank personal loan calculator estimates your prospective loan specifics, such as your projected monthly amortization, total fees and charges, and the total interest you will have to pay using information such as your preferred loan amount and loan duration.

How does the Metrobank loan calculator work?

In order to process the results, the Metrobank loan calculator requires specified information about the applicants. After providing this information, the applicant only has to press the Compute button, and the results will be displayed instantly. Follow these steps to utilize the Metrobank loan calculators:

  1. Visit the Metrobank official website/

  2. Hover your mouse around Upgrade and then click on the required loan under Loans. To use the loan calculator, you must select either Housing loan or Personal loan as these are the only loans with the loan calculator. 

  3. Input the required details correctly in either of these tools, click on Compute when done, and your results will be shown immediately.

Metrobank loan calculator inputs

Below are the inputs you will be required to provide before the tool will calculate your loan details:

Metrobank loan calculator outputs

The results you will get after all the inputs are given below:

Functions of Metrobank loan calculator 

To compute the monthly amortization, the tool uses the following functions: