Loan Calculator
Use this calculator to estimate the cost of your loan.
Select Loan Type
Loan Amount (PHP)
Repayment Term (months)
Date Applied
Maturity and day-count will appear here.
Processing Fee (PF) is 5% VAT-inclusive (split into net + 12% VAT).
DST = (Loan ÷ 200 × 1.5) × (term days ÷ 365).
Interest is computed on (Loan + PF-gross + DST), then +12% VAT on interest.
Total Loan Amount (excl. interest)
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Processing fee (net)
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Processing VAT Inclusive
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Output VAT on Processing Fee (12%)
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Deferred Interest + Deferred VAT
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DST (day-count)
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Deferred Interest (no VAT)
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Deferred VAT on Interest (12%)
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Total Payables
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Monthly Amortization
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Loan Proceeds (cash released)
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Amortization (Straight-Line allocation)
Interest portion evenly spread (Interest + VAT on interest)
| # | Payment Month | Beginning Balance | Payment | Interest Portion | Principal Portion | Ending Balance |
|---|
You may also view our amortization schedule below.
Amortization Schedule
Amortization Schedule
| LOAN AMOUNT | REPAYMENT TERM (MONTHS) 4 |
REPAYMENT TERM (MONTHS) 5 |
REPAYMENT TERM (MONTHS) 6 |
REPAYMENT TERM (MONTHS) 7 |
REPAYMENT TERM (MONTHS) 8 |
|---|---|---|---|---|---|
| ₱ 30,000 | ₱ 8,601.09 | ₱ 7,026.58 | ₱ 5,977.04 | ₱ 5,227.20 | ₱ 4,665.18 |
| ₱ 35,000 | ₱ 10,034.60 | ₱ 8,197.67 | ₱ 6,973.22 | ₱ 6,098.40 | ₱ 5,442.71 |
| ₱ 40,000 | ₱ 11,468.11 | ₱ 9,368.77 | ₱ 7,969.39 | ₱ 6,969.60 | ₱ 6,220.24 |
| ₱ 45,000 | ₱ 12,901.63 | ₱ 10,539.86 | ₱ 8,965.57 | ₱ 7,840.79 | ₱ 6,997.77 |
| ₱ 50,000 | ₱ 14,335.14 | ₱ 11,710.96 | ₱ 9,961.74 | ₱ 8,711.99 | ₱ 7,775.30 |
| ₱ 55,000 | ₱ 15,768.66 | ₱ 12,882.06 | ₱ 10,957.92 | ₱ 9,583.19 | ₱ 8,552.83 |
| ₱ 60,000 | ₱ 17,202.17 | ₱ 14,053.15 | ₱ 11,954.09 | ₱ 10,454.39 | ₱ 9,330.36 |
| ₱ 65,000 | ₱ 18,635.69 | ₱ 15,224.25 | ₱ 12,950.26 | ₱ 11,325.59 | ₱ 10,107.89 |
| ₱ 70,000 | ₱ 20,069.20 | ₱ 16,395.34 | ₱ 13,946.44 | ₱ 12,196.79 | ₱ 10,885.42 |
| ₱ 75,000 | ₱ 21,503.13 | ₱ 17,566.44 | ₱ 14,942.61 | ₱ 13,068.76 | ₱ 11,662.95 |
| ₱ 80,000 | ₱ 22,936.23 | ₱ 18,737.54 | ₱ 15,938.79 | ₱ 13,939.19 | ₱ 12,440.48 |
| ₱ 85,000 | ₱ 24,369.74 | ₱ 19,908.63 | ₱ 16,934.96 | ₱ 14,810.39 | ₱ 13,218.01 |
| ₱ 90,000 | ₱ 25,803.26 | ₱ 21,079.73 | ₱ 17,931.13 | ₱ 15,681.59 | ₱ 13,995.54 |
| ₱ 95,000 | ₱ 27,236.77 | ₱ 22,250.82 | ₱ 18,927.31 | ₱ 16,552.79 | ₱ 14,773.07 |
| ₱ 100,000 | ₱ 28,670.29 | ₱ 23,421.92 | ₱ 19,923.48 | ₱ 17,423.99 | ₱ 15,550.60 |
| ₱ 110,000 | ₱ 31,537.32 | ₱ 25,764.11 | ₱ 21,915.83 | ₱ 19,166.39 | ₱ 17,105.66 |
| ₱ 120,000 | ₱ 34,404.34 | ₱ 28,106.30 | ₱ 23,908.18 | ₱ 20,908.79 | ₱ 18,660.72 |
| ₱ 130,000 | ₱ 37,271.37 | ₱ 30,448.49 | ₱ 25,900.53 | ₱ 22,651.19 | ₱ 20,215.78 |
| ₱ 140,000 | ₱ 40,138.40 | ₱ 32,790.69 | ₱ 27,892.88 | ₱ 24,393.58 | ₱ 21,770.84 |
| ₱ 150,000 | ₱ 43,005.43 | ₱ 35,132.88 | ₱ 29,885.22 | ₱ 26,135.98 | ₱ 23,325.90 |
| ₱ 160,000 | ₱ 45,872.46 | ₱ 37,475.07 | ₱ 31,877.57 | ₱ 27,878.38 | ₱ 24,880.96 |
| ₱ 170,000 | ₱ 48,739.49 | ₱ 39,817.26 | ₱ 33,869.92 | ₱ 29,620.78 | ₱ 26,436.02 |
| ₱ 180,000 | ₱ 51,606.52 | ₱ 42,159.45 | ₱ 35,862.27 | ₱ 31,363.18 | ₱ 27,991.08 |
| ₱ 190,000 | ₱ 54,473.54 | ₱ 44,501.65 | ₱ 37,854.62 | ₱ 33,105.58 | ₱ 29,546.14 |
| ₱ 200,000 | ₱ 57,340.57 | ₱ 46,843.84 | ₱ 39,846.97 | ₱ 34,847.98 | ₱ 31,101.20 |
About Us
First Maritime Credit Corp (FMCC) is committed to improving the financial well-being of our seafarers, deploying over half a million global maritime professionals worldwide.
We are a trusted partner for hassle free and affordable loans that serve their immediate and future needs.
FMCC is part of The PTC Group
Contacts
4th floor First Maritime Place, 7458 Bagtikan Street, San Antonio Village, 1203Makati City 1203 Philippines
+63 917 816 1657
+63 920 924 8382
Copyright © 2025 FMCC. All Rights Reserved.