Below are all the fees and charges applicable to Term Loan:
1) Processing Fee - 2% of unpaid balance due or PHP 50 of the disbursed amount (whichever is higher)
2) Late payment charges - 5% of unpaid balance due or a minimum of PHP 50 (whichever is higher)
3) Early Settlement Fee - 5% of unbilled principal or PHP 500 (whichever is higher)
4) Documentary Stamp Tax - PHP 1.50 per PHP 200 disbursed amount (which will be deducted from the term loan proceed)