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Emergency Loan Tentative Computation

Ronald Cagampan has applied for a PHP 20,000 emergency loan from GSIS due to the COVID-19 pandemic. If approved, the 3-year loan would have a monthly amortization of PHP 655.56 and mature on September 1, 2023. The net loan amount is PHP 19,760 after deducting PHP 240 in fees from the applied amount. The computation is tentative and subject to adjustment upon final approval of the loan.

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Arcee Cagampan
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177 views2 pages

Emergency Loan Tentative Computation

Ronald Cagampan has applied for a PHP 20,000 emergency loan from GSIS due to the COVID-19 pandemic. If approved, the 3-year loan would have a monthly amortization of PHP 655.56 and mature on September 1, 2023. The net loan amount is PHP 19,760 after deducting PHP 240 in fees from the applied amount. The computation is tentative and subject to adjustment upon final approval of the loan.

Uploaded by

Arcee Cagampan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Emergency Loan Tentative Computation

Emergency Loan Type:


NEW
as of: 06/24/2020

Name: RONALFCAGAMP BP Agency Name: SIGNAL VILLAGE NATL HIGH


GSIS D AN
02004101615 BP Agency Address: SCHOOL
SIGNAL VILLAGE NHS TAGUIG CITY,
ID: 1631
BP Number:2004101615 Mobile Number: 09475769294
CRN 006017355353 Email Address: ronald.cagampan001@deped.gov.ph
:
Membership Type: Regular Member

Loan Computation Details Emergency Loan Summary


Loan Amount Applied For 20,000.00 Nature of Calamity/Emergency COVID-
19
Less Deductions: Loan Amount 20,000.00
From Previous Emergency Loans 0.00 Loan Term(in years) 3
Principal 0.00 First Due Month 09/2020
Interest 0.00 Maturity Date 09/01/2023
Surcharge 0.00 Monthly Amortization 655.56
Fees and Other Charges 240.00
ELR 240.00
I
Service Fee 0.00
Renewal Fee 0.00
Processing Fee 0.00
Total Deductions 240.00
Net Proceeds 19,760.00

The net loan amount as appearing on the screen is subject to further adjustment (as to interest computation of your previous
loan/s, if any) and is therefore NOT
The
FINAL.
GSIS shall inform you of any adjustments on the computed net loan amount
upon granting of the loan, through email or SMS notification.

CONFORM
Ronald F. Cagampan
E:
Signature over printed name
06-24-2020
User RAARGUELL Date:
ID: ES
/

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