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SSS Salary Loan Calculator Philippines (2026)

Estimate your SSS salary loan cap from Monthly Salary Credit (MSC), model 24-month diminishing-balance payments, and see the 1% service fee effect on net proceeds. Switch one-month vs two-month caps and optional 8% or 10% annual rates for what-if planning.

Formula last updated:

Formulas are reviewed and updated about every 2 weeks.

How the cap relates to MSC

SSS salary loans are tied to your Monthly Salary Credit, not necessarily your last payslip in isolation. The fund uses averaging rules over your recent MSC history, then applies MSC brackets in ₱500 steps up to ₱35,000. If you enter monthly salary here, we map it to MSC using the same contribution table as our SSS contribution calculator — a useful proxy when you do not have 12 MSC values handy.

One-month vs two-month salary loan

A one-month loan is commonly described as capped at the member’s rounded average MSC; a two-month loan doubles that cap. Contribution history requirements are stricter for the larger loan. This page does not validate your posted contributions — check My.SSS for eligibility.

Amortization and net proceeds

The amortization schedule uses a standard diminishing-balance loan formula (same family of math as our general loan calculator). SSS may also withhold pro-rated interest at disbursement, which reduces cash in hand beyond the modeled 1% service fee — the notes in the results call this out.

Related calculators

→ SSS contribution (MSC)→ SSS pension estimate→ Loan affordability & DTI→ Salary Calculator

Sources & references

Caps, fees, and rates change with SSS circulars. Use this tool for orientation; verify all terms on SSS — Salary loan and in RA 11199.

SSS salary loan FAQs

How is the maximum SSS salary loan computed?
SSS bases the cap on your average Monthly Salary Credit (MSC) for a recent period, rounded up to the next MSC step (₱500 increments between ₱5,000 and ₱35,000 under the current contribution schedule). A one-month salary loan is typically capped at that rounded MSC; a two-month loan is often capped at twice that amount. Exact averaging and rounding follow SSS rules — confirm in My.SSS.
What is the repayment term and interest?
Salary loans are commonly payable over 24 months on a diminishing balance. Published rates have included 8% per annum for standard cases; a 10% rate may apply in certain penalty-condonation scenarios. Verify the rate and term on the current SSS circular before signing.
What fees are deducted from loan proceeds?
SSS typically charges a service fee (often 1% of the loan principal) and may deduct pro-rated interest from proceeds before release, so net cash can be lower than the gross loan amount minus the service fee alone.
Who qualifies for a one-month vs two-month salary loan?
Eligibility depends on posted contributions, recency of contributions, and other SSS conditions. One-month loans often require around 36 posted contributions; two-month loans often require around 72 — always verify your status in My.SSS.
Why does this estimate differ from My.SSS?
This tool uses simplified MSC caps and amortization math. SSS applies your actual contribution history, final averaging rules, and policy updates. Use this page for planning; use SSS for the amount you can borrow.