That have month-to-month include-for the rates as low as step 1.79% (Represents yearly contractual costs or yearly fee prices anywhere between % to %, with regards to the mortgage tenor).

The main number also notice was divided from the number of weeks from the duration of the loan name to make the journey to the amount of this new month-to-month financing percentage.

So you’re able to estimate the level of notice that really must be paid off, the main loan amount was increased into Incorporate-on-Rates and also the loan name into the days.

Following, brand new monthly payment relies on the entire dominant amount borrowed and you will passion (using the a lot more than algorithm with the attention) and you will splitting installment loan Washington they towards the mortgage label during the days.

Next month’s payment is also PHP 4,, nevertheless the level of dominant and notice varies as the amount borrowed diminished.

1. Control Fee – 3% of your loan amount or PHP five hundred any type of is actually highest, to get deducted regarding the financing continues
2. Later Commission Percentage – 5% away from delinquent cost or PHP five hundred any kind of try large
3. Loan Pre-cancellation Operating Commission – 3% out-of unbilled number otherwise PHP 300 any type of is high (appropriate with the fund > thirty days; nothing into the loans How to display screen the new standing of my financing?

Software running is actually upright-by which ensures that you have made the consequence of the financing review timely. Yet not, when there is an importance of other documents and extra checks, you will find the fresh condition after you enter the UNO Mobile Software or else you will be notified via Texts.

Simple fact is that matter that really must be paid back towards the Due Time according to the Amortization/Percentage Plan offered to you. To the very first percentage due date, charging you of dominant is deferred, therefore, the Number Due should simply be the first Attention or appeal accumulated ever since the mortgage continues is disbursed up until the first deadline. That it Very first Attract would be obtained away from you due to the lengthened period to settle the main. In case there are delinquent, the quantity Owed can get incorporate all the outstanding monthly premiums, late payment charges or any other relevant fees.

Sure, you may make a progress payments and get it done by the basic calling UNO’s Client satisfaction Team through the from inside the-software chatting inbox ability regarding the UNO Digital Financial Mobile Software.

The fees deadline will be based on the Paycheck Regularity and you can Income Borrowing Time you stated through your application for the loan:

Sure, it’s also possible to fully repay the overall financing the and you may get it done by the first contacting UNO’s Customer satisfaction Team via the in-application chatting email element throughout the UNO Digital Lender Mobile Software. Please note one a Pre-termination Running Fee might possibly be recharged as follows: 3% out-of unbilled number or minimum PHP 300 almost any are highest.

An amount borrowed out of PHP 100,000 that have tenor from three years and you can a yearly contractual rates out of % means a total installment out-of PHP 4, per month, interest integrated

• Salary/Earnings once per month: step 1 so you’re able to ; cost deadline might be place day after income borrowing from the bank go out, but for dates 31, 30 and you will 29 it would be instantly set-to all next day’s the newest day
• Salary/Earnings double thirty days:
• initial and you can 16th – payment due date will be set on the fresh seventeenth
• fifth and you can 20th – installment deadline would be set on the fresh new 21st
• 10th and you may 25th – installment deadline would be set on brand new 26th
• 15th and you may 30th – payment due date will be set on the 2nd