Security Bank housing loan calculator online in the Philippines in 2025. 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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Customers can use a housing loan calculator on the Security Bank website to explore the amount they wish to borrow to purchase a property. The users are required to input information in the appropriate application areas, such as the selling price of the property, loan tenure, and annual income. As a result, the system will calculate and display the loan amount and monthly payment.
The Security Bank housing loan calculator is a free tool the bank provides to support its customers in finding the home loan amount. This tool can be employed to calculate the amount of loan the person needs for the house. Users can check their requirements by changing the inputs provided by them in the calculator. It also displays the downpayment and monthly payments.
You can use this tool to check your eligible housing loan amount. You could estimate the total cost by altering the loan period. Your monthly obligation would decrease by increasing the loan period, but your total payable amount to the bank would also increase.
The Security Bank housing loan calculator is user-friendly and very easy to use. You would only be asked to provide the specific data in the appropriate fields of the calculator, and your eligible loan amount would be displayed. The steps to be followed to use this calculator are as below:
Visit the Security Bank website.
Click on Loans, and then click on Home loan.
Scroll down the page, and you will find the Housing loan calculator.
Enter your annual income, loan term, and selling price of the property.
Click Calculate.
Your eligible loan amount will be displayed immediately. It will also show the monthly payments to be paid to the bank.
Users are required to provide relevant information in the appropriate field of the calculator to estimate their eligible loan amount and corresponding monthly payments to the bank. The following data are required to be fed by the user:
Annual income. It is the total quantity of cash you create every year before any taxable deductions are made from your pay. The minimal yearly profits unique through the financial institution have to be ₱600,000. This is crucial to figuring out your mortgage eligibility because the financial institution examines whether or not you may be capable of paying off the mortgage or now no longer after assembling your crucial needs.
Loan term. It is the time available to you to repay the debt. The loan tenure the bank provides is between 1-20 years. You will be able to opt-in accordingly. Your EMI would be lower for an extended duration, but you would have to pay more cash. If your loan tenure is minor, it will lead to higher EMIs but a lesser principal amount paid.
Selling price of the property. This refers to the price at which a property is available for sale.
The Security Bank housing loan calculator provides the output based on the analysis of data provided by the user. The following values are displayed on the screen after the processing:
Down payment. Payment could be a total of cash the customer pays at the offset of an outsized transaction, admiration for a home, usually before funding the rest. By default, the bank has unbroken it at 20% of the property's price.
Loan amount. Loan amount means the amount of cash you are eligible to get as a loan from the bank at any given time underneath this mortgage. It is calculated after deducting the deposit from the house's selling price. This amount does not include other fees such as processing fees, interest, etc.
Monthly payment. This refers to the amount you are anticipated to pay at the end of each month. This is also known as EMI. This consists of a monthly portion of the principal amount and the interest levied on it. The EMI is paid monthly over a specific time period till the loan is entirely paid off.
The tools are pretty effortless to understand and very simple to use. Some of the functions are as below:
Percentage. A percentage is a number, amount, price, etc., of something expressed as if it were part of a whole that is one hundred. The tool uses this function to calculate the initial payment you need to make to the bank. For example, a 20% deposit of ₱1,000,000 equals ₱200,000.
Addition Addition can be described as the procedure of estimating the sum of two or more numbers. This function evaluates the monthly payment to be made by the user by adding principal and interest amounts (P+R).
Subtraction. It can be described as the process of decreasing the total by taking away a particular portion of a quantity. For example, the downpayment is subtracted from the selling price in this calculator (DP-SP) to calculate the loan amount.
Raise to power. This refers to raising a variable to a pre-assigned power. Powers are equivalent to repeated multiplication.
