Education Loan Calculator — Philippines
Estimate your Philippines education-loan EMI, accounting for the study-period moratorium. Free, no signup.
How education loans work in Philippines
Education financing in the Philippines includes CHED/UniFAST programs (free tuition at SUCs, plus subsidies) and private/bank student loans. Bank loans accrue interest; government programs are far cheaper if you qualify.
Moratorium & repayment
- Moratorium (study period): usually no payments, but interest often accrues and is added to the principal.
- Grace period: a few months after course completion before repayment begins.
- Repayment: EMIs over the tenure on the grown balance. The calculator estimates your EMI for a given amount, rate and tenure.
Frequently Asked Questions
How is an education loan EMI calculated in Philippines?
After the moratorium, EMIs use the reducing-balance formula on the balance (which has grown if interest accrued during study). Enter your loan, rate and tenure in the calculator.
What is a moratorium period?
The time during studies (plus a grace period) when you usually don't make payments. Interest often still accrues and is added to the principal.
What is the typical education loan rate in Philippines?
As a 2026 reference, rates are around 8% and depend on the lender, scheme, and whether the loan is government-backed or private. Government/subsidized options are usually cheaper.
Should I pay interest during studies?
If you can, paying the interest during the moratorium prevents it from compounding onto your principal, lowering your total cost.