Your Repayment Plan

How it works

1

You owe a total of ₱25,000 — ₱5,000 from before plus ₱20,000 new.

2

You pay ₱1,500 every 15 days, starting April 30, 2026. That's roughly twice a month.

3

Zero interest — as long as you pay on time, you only ever pay back exactly what you borrowed.

4

After 17 payments, the loan is completely done. Last payment: December 26, 2026 — a Christmas gift to yourself! 🎄

✅ The good news

Pay on time every time and you will never pay a single peso in interest or penalties. You borrow ₱25,000 — you pay back exactly ₱25,000. That's it.

Your payment schedule

#	Due Date	Pay	Balance Left
01	Apr 30, 2026	₱1,500	₱23,500
02	May 15, 2026	₱1,500	₱22,000
03	May 30, 2026	₱1,500	₱20,500
04	Jun 14, 2026	₱1,500	₱19,000
05	Jun 29, 2026	₱1,500	₱17,500
06	Jul 14, 2026	₱1,500	₱16,000
07	Jul 29, 2026	₱1,500	₱14,500
08	Aug 13, 2026	₱1,500	₱13,000
09	Aug 28, 2026	₱1,500	₱11,500
10	Sep 12, 2026	₱1,500	₱10,000
11	Sep 27, 2026	₱1,500	₱8,500
12	Oct 12, 2026	₱1,500	₱7,000
13	Oct 27, 2026	₱1,500	₱5,500
14	Nov 11, 2026	₱1,500	₱4,000
15	Nov 26, 2026	₱1,500	₱2,500
16	Dec 11, 2026	₱1,500	₱1,000
17	Dec 26, 2026	₱1,000	₱0 🎉
Total paid		₱25,000	DONE ✓

⚠️ What happens if you're late?

⏰ The penalty rule

If a payment is late, a flat ₱200 penalty applies immediately. Then ₱100 is added for every week (or part of a week) it stays unpaid. Each missed payment has its own penalty running from its own due date — they don't mix.

😬 5 days late

You miss a payment and pay 5 days after the due date.

₱200 flat + ₱100 (week 1) = ₱300 penalty

You pay ₱1,800 instead of ₱1,500

😰 2 weeks late

Life gets busy and 14 days go by.

₱200 flat + ₱100 (week 1) + ₱100 (week 2) = ₱400 penalty

You pay ₱1,900 instead of ₱1,500

😱 A whole month late

30 days pass without a payment.

₱200 flat + ₱100 × 4 weeks = ₱600 penalty

You pay ₱2,100 instead of ₱1,500

That's an extra ₱600 — 40% on top of your payment!

😰😰 Two payments missed — Day 22

Both Payment 1 (Day 0) and Payment 2 (Day 15) unpaid by Day 22.

Payment 1: ₱200 + ₱100 + ₱100 = ₱400
Payment 2: ₱200 + ₱100 = ₱300

₱700 in penalties + ₱3,000 owed = ₱3,700 total

❗ Miss 3 in a row?

If three payments in a row are missed, the lender has the right to take the motorbike as settlement. This doesn't mean they will — but they can. Each missed payment is also still collecting its own penalty the whole time. Much easier to just stay on track. 🙏

🏆 Milestones to celebrate

🌱

Payment #4 — June 14 ₱6,000 paid. You're almost a quarter of the way there!

⭐

Payment #9 — August 28 Halfway done! Over ₱12,500 paid back.

🔥

Payment #13 — October 27 Under ₱6,000 left. The end is in sight!

🎉

Payment #17 — December 26 Fully paid. Zero balance. You did it!