FunPeso APK

FunPeso APK for Android Download

Version:
v1.2 For Android
Updated On:
Nis 22, 2024
Size:
12 MB
Required Android:
5.0 and up
Download

FunPeso APK – That are flexible, with easy application process and fast approval! From minimum of 3 months up to 24 months repayment period, FunPeso starts at 15% up to 36% Annual Percentage Rate (APR).

Interest Rate

Minimum – 1.25% per month; 15% p.a

Maximum – 3% per month (only for loan terms 6 months and above); 36% p.a

*Interest rates vary per customer

Fixed Processing Fee: Php 500 (deducted from amount to be disbursed, not on top of loan amount)

Amount and Term

Loanable Amount – From PHP 3,000 to PHP 150,000

Loan Term – From 3 months up to 24 months

*all parameters vary per customer

Sample Calculation

Loan Amount: PHP 15,000

Loan Term: 12 months

Interest Rate: 1.25% per month; 15% p.a

Loan Processing Fee – PHP 500 (fixed amount)

Then,

Interest = amount * rate *term = PHP 15,000 * 1.25%*12 = PHP 2,250

Total Loan Cost = Loan Amount + Interest + Loan Processing Fee = PHP 15,000 + PHP 2,250 + PHP 500 =PHP 17,750

Monthly Installment = Total Loan Cost / Loan Term = PHP 17,750/12 = PHP 1,479.17

How does it work?

Install the FunPeso app at google play

Register and provide your identity information

Choose loan amount and loan time

Get your loan

Increase your loan amount by repaying on time

Key Features

  • Free to Download.
  • No registration required.
  • Easy to use.
  • Supports multiple languages.
  • No Third-party Advertisements.
  • Night Mode.
  • Many more....

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