Loan Sample Computation
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8/12/2019 Loan Sample Computation
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Sample Computation for
Productive and ProvidentialLoan
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8/12/2019 Loan Sample Computation
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Approved Amount of Loan P10,000
Less: Interest 12% per annum -
Service Fee (2%) 200
Retention (share cap. Build up) 3% 300 500
Net Proceeds (Disbursement Voucher No.) P 9,500
Less: Outstanding Loan Balance ---
plus Interest ( + )
______Net Amount P9,500
* At 1%/month or 12 %/annum with 2% Service Fee
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8/12/2019 Loan Sample Computation
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Forms & Manner of Payments for
Productive & Providential Loan
Terms: Maximum Payable within two (2) years
Manner of Payment: (Option of the member)
Semi- monthly
Monthly
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8/12/2019 Loan Sample Computation
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PDL/PVL Amortization Schedule:
Total Approved Amt. of Loan Php 10,000
Interest Expense (P x R x T)
Php 10,000 x 1% x 12 mos. 1,200
Total Amount of Due Php 11,200
Semi-monthly: Php 11,20024 =Php 466.67
Monthly: Php 11,20012 = Php 933.33
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8/12/2019 Loan Sample Computation
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Approved Amount of Loan P10,000
Less: Interest 14% per annum -
Service Fee (2%) 200
Retention (share cap. Build up) 6% 600 800
Net Proceeds (Disbursement Voucher No.) P 9,200
Less: Outstanding Loan Balance ---
plus Interest ( + )
______Net Amount P9,200
* For 2 Yrs. Term : 1.17%/month or 14 %/annum with 2% Service Fee
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8/12/2019 Loan Sample Computation
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PDL/PVL Amortization Schedule:
Total Approved Amt. of Loan Php 10,000
Interest Expense (P x R x T)
Php 10,000 x 1.17% x 24 mos. 2,808
Total Amount of Due Php 12,808
Semi-monthly: Php 12,80848 =Php 266.33
Monthly: Php 12,80824 = Php 533.67
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8/12/2019 Loan Sample Computation
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Approved Amount of Loan P10,000
Less: Interest 16% per annum -
Service Fee (2%) 200
Retention (share cap. Build up) 6% 600 800
Net Proceeds (Disbursement Voucher No.) P 9,200
Less: Outstanding Loan Balance ---
plus Interest ( + )
______Net Amount P9,200
* For 3 Yrs. Term : 1.33%/month or 16 %/annum with 2% Service Fee
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8/12/2019 Loan Sample Computation
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PDL/PVL Amortization Schedule:
Total Approved Amt. of Loan Php 10,000
Interest Expense (P x R x T)
Php 10,000 x 1.33% x 36 mos. 4,788
Total Amount of Due Php 14,788
Semi-monthly: Php 14,788 72 =Php 205.39
Monthly: Php 14,788 36 = Php 410.78
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8/12/2019 Loan Sample Computation
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Sample Computation forProductive Loan
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8/12/2019 Loan Sample Computation
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Approved Amount of Loan P10,000
Less: Interest 12% per annum -
Service Fee (2%) 200
Retention (share cap. Build up) 2% 200 400
Net Proceeds (Disbursement Voucher No.) P 9,600
Less: Outstanding Loan Balance ---
plus Interest ( + )
______Net Amount P9,600
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8/12/2019 Loan Sample Computation
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Sample Computation forPetty Cash Loan
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8/12/2019 Loan Sample Computation
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Total Approved Amount of Loan P 5,000
Less Service Fee 2% 100
Interest (Amortized) 1%/mo. ---Net Proceeds P 4,900
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8/12/2019 Loan Sample Computation
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Terms and Manner of Payment for
Petty Cash Loan
Terms: Payable at Least not to
exceed 2 months
Manner of Payments:(Option of the member)
Semi-Monthly
Monthly
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8/12/2019 Loan Sample Computation
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PCL Loan Amortization Schedule:
Total Approved Amount of Loan Php 5,000Interest Expense (P x R x T)
Php 5,000 x 1% x 2 mos.= Php 100
Total Amount Due Php 5,100
Semi-Monthly: Php 5,1004 = Php 1,275.00 per
payment/ Installment due
Monthly: Php 5,100 2 = Php 2,550.00 per
payments/ Installment due
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8/12/2019 Loan Sample Computation
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PCL Amortization Schedule:
Semi-Monthly Monthly
1st Payment
Principal Interest Total Principal Interest Total
PHP 1,250 PHP 25 PHP 1,275 PHP 2,500 PHP 50 PHP 2,550
2nd Payment PHP 1,250 PHP 25 PHP 1,275 PHP 2,500 PHP 50 PHP 2,550
3rd Payment PHP 1,250 PHP 25 PHP 1,275
4th Payment PHP 1,250 PHP 25 PHP 1,275
TOTAL PHP 5,000 PHP 100 PHP 5,100 PHP 5,000 PHP 100 PHP 5,100
