Online loans with monthly installments in the Philippines
SEC-registered lenders with 3 to 12 month terms, the monthly hulog on ₱10,000, and SSS and Pag-IBIG loans with 24 to 36 months to pay. Terms checked .
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Find my best match →A lot of first loans from apps are due in one lump sum after 7, 15 or 30 days. That works if your sweldo lands the day before. It doesn't work if you need the money now and can only spare a few thousand pesos a month. So people search for a loan app with monthly payments, one where you pay a fixed hulog every month for 3, 6 or 12 months instead of everything at once.
This page lists the SEC-registered lenders in our own data that publish monthly installment terms, shows what the monthly payment works out to on the same ₱10,000 loan, and puts government loans with 24 to 36 month terms next to them. We only use what each lender publishes on its own website. Where a lender doesn't publish a rate, we say so.
PersonalLoans.ph is a comparison website, not a lender. We may earn a commission when you apply through some links on this page, and that doesn't change what we write about any lender. The lender decides on your application, your term and your final rate.
The short answer
- MoneyCat publishes a term of 3 to 6 months on loans of ₱500 to ₱20,000, at 11.9% a month. On ₱10,000, that's about ₱4,156 a month over 3 months or about ₱2,425 a month over 6 months, if the rate runs on the declining balance.
- Finbro shows a 12-month term for new clients on loans of ₱1,000 to ₱50,000, but it doesn't publish its rate or fees. You see them in the application, before you confirm.
- Finmerkado isn't a lender. It matches you with partner lenders, so the term and rate depend on which partner approves you.
- Cheapest monthly installments: the SSS Salary Loan (24 months at 8% a year) and the Pag-IBIG Multi-Purpose Loan (12, 24 or 36 months). They're slower to apply for and you need enough contributions, pero mas mura talaga.
Why monthly installments change the math
A longer term lowers the hulog. It doesn't lower the cost. Every extra month is another month of interest on what you still owe. Here's what that looks like on one example.
Worked example (our own numbers, not a lender's offer): ₱10,000 at 11.9% a month on the declining balance, paid in equal monthly installments.
| Term | Monthly hulog | Total repayable | Total interest |
|---|---|---|---|
| 3 months | about ₱4,156 | about ₱12,469 | about ₱2,469 |
| 4 months | about ₱3,285 | about ₱13,142 | about ₱3,142 |
| 6 months | about ₱2,425 | about ₱14,552 | about ₱4,552 |
Going from 3 to 6 months cuts the monthly payment by about ₱1,730. It also adds about ₱2,080 to what you pay back in total. That's the trade. Pick the shortest term whose hulog you can pay every month without borrowing again.
One more thing about the math. Some lenders charge interest "flat" on the original amount for the whole term, even as you pay it down. At 11.9% a month flat, the same ₱10,000 over 6 months would cost ₱17,140 in total, about ₱2,857 a month. That's ₱2,588 more than the declining-balance version. The disclosure statement has to show which method the lender uses. Our interest rates, EIR and fees guide explains the difference with more peso examples.
Monthly installment terms at a glance
SEC-registered partner lenders and platforms, with the terms each one publishes and our estimate of the monthly hulog on ₱10,000. Terms checked on each lender's own website.
| Lender | Term | Amount | Monthly hulog on ₱10,000Our estimate | Source | Apply |
|---|---|---|---|---|---|
| MoneyCatMoneyCat Financing Inc.SEC CS201953073, CA 1254 | 3 to 6 months | ₱500 to ₱20,000 | about ₱4,156 (3 months) to about ₱2,425 (6 months)Our estimate at the published 11.9% a month on the declining balance. About ₱2,857 a month over 6 months if charged flat. | moneycat.ph homepage, checked 23 Oct 2026 | Apply at MoneyCat (opens in new tab) |
| FinbroSofi Financing Inc.SEC CS201908275, CA 1324 | 12-month term shown for new clients | ₱1,000 to ₱50,000 (new clients) | Not publishedRate and fees are shown during the application, before you confirm. | finbro.ph homepage and FAQ, checked 22 Oct 2026 | Apply at Finbro (opens in new tab) |
| FinmerkadoFinMerkado Inc.SEC 2024120180322-17 | Depends on the partner lender | Depends on the partner lender | VariesLoan-matching platform, not a lender. Check the partner's SEC details before you sign. | finmerkado.ph personal loans page, checked 22 Oct 2026 | See offers at Finmerkado (opens in new tab) |
Estimates assume equal monthly payments made on time and include only fees the lender publishes. Your offer can be different. The disclosure statement the lender shows before you accept is the final word.
What each lender says about its terms
MoneyCat (MoneyCat Financing Inc., SEC Reg. No. CS201953073, CA No. 1254). The moneycat.ph homepage, which we opened on 23 October 2026, says "Termino ng loan 3-6 na buwan", lists loans of ₱500 to ₱20,000, and gives the rate as 11.9% a month with a maximum APR of 145%. It doesn't publish a separate processing fee there. It also doesn't say whether the 11.9% is charged on the declining balance or flat, which is why our table shows both. MoneyCat has no 30-day loan, so it's one of the few apps where monthly hulog is the only option.
Finbro (Sofi Financing Inc., SEC Reg. No. CS201908275, CA No. 1324). New clients can pick ₱1,000 to ₱50,000 on the finbro.ph calculator, and the homepage shows a 12-month term for new clients. Its FAQ says the interest rate and processing fee are shown during the loan application, before you confirm the loan agreement. A 12-month term means a lower hulog. It also means a full year of interest, and no public rate to check it against. Get to the disclosure statement, write down the total repayable, and compare it with the other offers on this page before you tap confirm.
Finmerkado (FinMerkado Inc., SEC Reg. No. 2024120180322-17). It's a loan-matching platform. It says the rates and terms are set by its partners, which include online lenders and banks. If a partner approves you, check that partner's own corporate name, SEC Registration No. and Certificate of Authority No. before you sign anything.
We left out matching sites that don't show a Philippine SEC registration, and every app we can't find on the SEC lists.
The legal caps, and where they stop
Small loans from lending and financing companies have price ceilings. Under SEC Memorandum Circular No. 14, series of 2025, which applies to loans made, restructured or renewed from 1 April 2026, a covered loan can carry:
- nominal interest of up to 6% a month,
- interest plus fees of up to 12% a month all-in (late penalties not counted),
- late penalties of up to 5% a month on the overdue amount,
- and a total of interest, fees and penalties that can never go past 100% of what you borrowed.
Here's the catch for monthly installment loans. The caps only cover unsecured, general-purpose loans of ₱10,000 or less with a term of up to 4 months. A ₱10,000 loan over 3 or 4 months is covered. A ₱10,000 loan over 6 months isn't, and neither is ₱15,000 over 3 months. Longer and bigger loans can legally cost more per month. The lender still has to show you the full cost under the Truth in Lending Act (RA 3765), so the disclosure statement is where you check.
For the ₱10,000, 3-month example, the most a covered lender can charge if you pay on time works out to about ₱12,490 in total, about ₱4,163 a month. Our page on low-interest loan apps ranks lenders against that ceiling and explains the caps in more detail.
Magkano ang kaya mong hulog?
Before you choose a term, work backwards from your sweldo. Not from the amount the app offers.
- Write down your take-home pay for the month, after SSS, PhilHealth, Pag-IBIG and tax.
- Subtract the fixed stuff: rent, kuryente, tubig, load, pamasahe, tuition, and the padala you send to family.
- Subtract any hulog you already pay: other loan apps, a credit card, an appliance on installment, a motorcycle.
- What's left is the most you can put toward a new loan. Use half of it, not all of it. Things happen.
If you're paid kinsenas (on the 15th and 30th), split the monthly hulog in two in your head and check that each half fits the cutoff before the due date. If your due date falls on the 5th but your sweldo comes on the 15th, ask the lender before you accept whether the due date can be moved closer to payday. A due date that fits your sweldo is the easiest way to avoid late fees.
Worked example (our own numbers): take-home pay of ₱18,000. Fixed costs of ₱13,000. An existing hulog of ₱1,500. That leaves ₱3,500. Half of that is ₱1,750. A ₱10,000 loan at 11.9% a month over 3 months (about ₱4,156 a month) doesn't fit. Over 6 months (about ₱2,425) it still doesn't. A smaller amount, or an SSS or Pag-IBIG loan, is the safer move here.
Government loans with monthly amortization
If you have enough posted contributions, these beat every app on cost. The trade is time: you apply online, sometimes wait for employer certification, then wait for release.
| Loan | Term | Interest | Good to know |
|---|---|---|---|
| SSS Salary Loan | 24 monthly amortizations | 8% a year, diminishing balance (first loans) | 1% service fee. Needs 36 posted contributions for a one-month loan. Payments start the second month after approval. |
| SSS Calamity or Emergency Loan | 24 monthly amortizations | 7% a year | Only when the program is open. Our SSS Emergency Loan guide has the current status. |
| Pag-IBIG Multi-Purpose Loan | 12, 24 or 36 months | 1.4583% a month, diminishing balance | Up to 90% of your Total Accumulated Value (TAV), less any Pag-IBIG short-term loan balance. |
| Pag-IBIG Calamity Loan | 12, 24 or 36 months, after a 3-month grace period | 5.95% a year (Pag-IBIG, June 2026) | Only if your area is declared under a state of calamity. See the Pag-IBIG Calamity Loan guide. |
SSS example (our estimate): a ₱15,000 SSS Salary Loan at 8% a year over 24 months comes to about ₱678 a month, or about ₱16,282 in total, plus the ₱150 service fee. The same ₱15,000 at 11.9% a month over 6 months, on the declining balance, would be about ₱3,638 a month and about ₱21,828 in total.
SSS also has LoanLite, a micro loan of ₱1,000 to ₱20,000 at 8% a year. It's not a monthly installment loan: terms are 15 to 90 days. Our SSS LoanLite guide covers it, and our SSS and Pag-IBIG loans overview puts all the government options side by side.
Banks: lower rates, longer terms, stricter checks
Bank personal loans usually run from 12 to 36 months or longer, with monthly installments and lower rates than apps. They also ask for more: proof of income like payslips or an ITR, a minimum monthly income, and sometimes a credit card or a bank account with them. Approval can take days instead of minutes. If you have a regular job and need more than ₱20,000, it's worth asking your payroll bank first. Our salary loan vs personal loan guide compares employer, bank and SSS loans.
Red flags on "monthly installment" loan offers
Ang loan app na may monthly hulog ay hindi automatic na legit. Watch for these:
- "Monthly" in the ad, a short term in the contract. The term in an app listing or a Facebook ad isn't always the term you get approved for. Read the term and due dates on the disclosure statement, not the ad.
- A fee before release. A legit lender deducts fees from the proceeds. It never asks you to send GCash or Maya first to "process" the loan.
- No corporate name, SEC Reg. No. or CA No. in the app or on the website. Check them on sec.gov.ph. Our guide on how to check if an online lender is SEC-registered shows the steps.
- Access to your contacts or gallery. SEC rules bar lending apps from using your contact list to shame you into paying. If an app does it anyway, our guide on loan app harassment and your rights explains how to report it.
- A renewal you didn't ask for. If an app offers to "extend" or renew your loan when you miss a hulog, ask what it adds in fees first. A renewal resets the clock, not your utang.
Our list of legit loan apps in the Philippines shows which apps are on the SEC list.
Before you accept the offer
Check four things in the disclosure statement, and screenshot it:
- Net proceeds: what actually lands in your account. If ₱10,000 is approved and ₱9,400 arrives, the ₱600 is a fee.
- Monthly hulog and number of payments. Multiply them. That's your total repayable.
- Due dates. Do they fit your payday?
- Late penalty and prepayment. What happens if you're a day late, and can you pay early without a penalty? Paying early on a declining-balance loan saves you interest.
If you're still deciding, our loan matcher asks a few questions and shows which partner lenders fit your amount and income type, and the compare page lists every partner lender with its SEC details.
Where these facts come from
We checked these on 23 October 2026, unless noted:
- The lenders' own websites: the moneycat.ph homepage (23 October 2026), and the finbro.ph homepage, calculator and FAQ and the finmerkado.ph personal loans page (22 October 2026)
- SEC Memorandum Circular No. 14, series of 2025, on the interest and fee ceilings for lending and financing companies, effective 1 April 2026, as reported by the Philippine Star (opens in new tab) and BusinessWorld (opens in new tab) on 12 December 2025
- The SEC List of Recorded Online Lending Platforms (opens in new tab), as of 12 October 2026
- SSS Salary Loan, Calamity Loan and LoanLite terms as covered in our SSS guides, from SSS circulars and the SSS website (opens in new tab)
- Pag-IBIG Multi-Purpose Loan terms under HDMF Circular No. 469, and the Calamity Loan rate from Pag-IBIG's June 2026 announcement, via the Pag-IBIG Fund website (opens in new tab)
All monthly payments on this page are our own estimates, labelled as examples. If the lender's disclosure statement shows something different, the disclosure statement wins.
Regulatory disclosure
PersonalLoans.ph is an independent comparison and referral website. We are not a lending company, financing company or bank, and we don't make credit decisions. We may receive a commission when you apply through our links. It doesn't change what we publish about any lender. See our affiliate disclosure and editorial policy.
Related guides
FAQ: loans with monthly installments
- Which loan apps in the Philippines offer monthly installments?
- Of the SEC-registered lenders we checked on 23 October 2026, MoneyCat publishes a term of 3 to 6 months and Finbro shows a 12-month term for new clients. Finmerkado, a loan-matching platform, can show partner offers with monthly terms. Always confirm the term in the disclosure statement, because the approved term can differ from the ad.
- Magkano ang monthly hulog sa ₱10,000 na loan?
- Depende sa rate at term. Sa 11.9% kada buwan na naka-declining balance, mga ₱4,156 kada buwan sa 3 buwan, o mga ₱2,425 kada buwan sa 6 na buwan. Mas mababa ang hulog kapag mas mahaba ang term, pero mas malaki ang kabuuang babayaran.
- Is there a loan app with one month to pay?
- Yes, many apps offer a single payment after about 30 days, often for first-time borrowers. That's a lump sum, not an installment. If you can't pay the full amount on your next payday, a 3 to 6 month installment loan, or an SSS or Pag-IBIG loan, is easier to manage.
- Do the SEC interest caps apply to 6-month or 12-month loans?
- No. The caps under SEC MC 14, s. 2025 cover unsecured loans of ₱10,000 or less with terms of up to 4 months. Longer or bigger loans can cost more per month, so compare the total repayable in each disclosure statement.
- Can I pay a monthly installment loan early?
- Usually, yes. On a declining-balance loan, paying early cuts the interest you owe. Check the disclosure statement or the loan agreement for a prepayment fee before you sign.
- What's the cheapest way to borrow with monthly payments?
- For most employed and voluntary members, the SSS Salary Loan at 8% a year over 24 months or the Pag-IBIG Multi-Purpose Loan. Both cost a few percent a year. Online lenders charge a few percent a month, so they cost far more over the same term.