BDO Credit Card Cash Loan Calculator
BDO Credit Card Cash Loan Calculator
Calculate your monthly payments, interest, and loan duration for BDO credit card cash loans.
Not calculated yet.
Loan Amount: ${formatCurrency(loanAmount)}
Interest Rate: ${(interestRate*100).toFixed(2)}%
Loan Term: ${loanTerm} months
`; loanSteps += `Formulas:
Monthly Payment = Loan Amount × (Monthly Interest Rate × (1 + Monthly Interest Rate)^Term) / ((1 + Monthly Interest Rate)^Term – 1)
Total Payment = Monthly Payment × Term
`; loanSteps += `Results:
Monthly Payment: ${formatCurrency(monthlyPayment)}
Total Payment Over Term: ${formatCurrency(totalPayment)}
`; if(document.getElementById(“calculationStepsLoan”).style.display===”block”){ document.getElementById(“calculationStepsLoan”).innerHTML = loanSteps; } } function resetLoan(){ document.querySelectorAll(“#calculator input”).forEach(el=>el.value=””); loanSteps=””; document.getElementById(“calculationStepsLoan”).innerHTML=”
Not calculated yet.
“; } function toggleLoanSteps(){ const s=document.getElementById(“calculationStepsLoan”); const a=document.getElementById(“toggleArrowLoan”); if(s.style.display===”none”||s.style.display===””){ s.style.display=”block”;a.style.transform=”rotate(180deg)”; s.innerHTML=loanSteps||”Not calculated yet.
“; }else{s.style.display=”none”;a.style.transform=”rotate(0deg)”;} } function formatCurrency(n){return currencySymbol+n.toFixed(2)+” “+fixedCurrency;}This BDO Credit Card Cash Loan Calculator helps you calculate your monthly payments, interest, and loan duration for BDO cash loans based on the loan amount, interest rate, and loan term.
Loan Payment Formula
Monthly Payment = Loan Amount × (Monthly Interest Rate × (1 + Monthly Interest Rate)^Term) / ((1 + Monthly Interest Rate)^Term – 1)
Total Payment = Monthly Payment × Term
Example Calculation
Loan Amount: ₱50,000, Interest Rate: 12%, Term: 12 months → Monthly Payment = ₱4,656.55, Total Payment = ₱55,878.56.
Why It Matters
Understanding your loan repayment schedule helps you plan your finances and ensures that you’re prepared for future payments.
Smart Strategy
Choose a loan term that balances affordable monthly payments with your financial goals.
FAQs
What loan term is best? Shorter terms mean higher monthly payments but lower total interest.
Can I change my loan term after applying? You may be able to adjust the term, but check with your bank for specific policies.
