Philippine loan calculator
See your real APR, total cost, and monthly payment before applying. Slide to compare different loan amounts and terms. Final terms are confirmed after credit assessment — this is an indicative estimate only.
Representative example. Actual interest, processing fee, and APR depend on credit assessment and are disclosed in the loan agreement before signing. Subject to caps under BSP MC 1133 s.2021 and SEC MC 18 s.2019.
How to use this calculator
Pick a loan amount between ₱2,000 and ₱25,000, then choose a repayment term from 15 to 135 days. The calculator shows your estimated monthly payment, total payable, interest, and annualized APR. These are indicative numbers — your real offer is generated after credit assessment.
What is included in your APR
APR (Annual Percentage Rate) annualizes the full cost of borrowing, including base interest and processing fees. Under BSP Circular 1133 s.2021, nominal monthly interest on online loans is capped at 6% (and effective interest at 15% per month) for amounts up to ₱10,000 and 365-day terms — short-term small-ticket loans like Kviku's fall within these caps.
Compare to bank rates
Traditional Philippine banks charge 12-30% APR on personal loans but require employment certificates, collateral, or credit history. Kviku offers approval in 5 minutes with one valid ID, but at a higher APR for the convenience — that's the trade-off of unsecured short-term lending. Always read the disclosure before signing.
Frequently asked questions
Is this the actual rate I will be offered?
No — this is an indicative estimate. Your real offer depends on your credit assessment, which Kviku performs in under 5 minutes after you submit the application.
Can I repay early?
Yes — early repayment reduces interest charges. Contact Kviku support to settle your loan early via GCash, Maya, or any bank partner.
What if I miss a payment?
Late payment fees apply. We send a reminder 3 days before due date. If you cannot pay on time, contact support immediately — they can offer a restructured plan.
Why is the APR higher than my bank?
Short-term unsecured loans have higher APRs because the lender takes on more risk and processes the loan in minutes, not weeks. For larger or longer-term needs, a traditional bank loan is usually cheaper.