Planning to get a ₱49,000 SSS Salary Loan this year?
If you’re checking how much your monthly amortization will be — or how much cash you’ll actually receive — this guide gives you the full picture.
The amount released by SSS is usually less than ₱49,000 because of two automatic deductions:
1% service charge, and
Pro-rated interest for around 50 days (from loan approval until your first amortization starts).
Let’s compute your total deductions, monthly payments, and full repayment schedule.
🦠What Is an SSS Salary Loan?
The SSS Salary Loan is a benefit that helps active members handle personal or emergency expenses through a low-interest, short-term loan.
It’s easy to repay because monthly amortizations are automatically deducted from your salary or paid through SSS payment partners.
Loan Options
Type
Maximum Loan
Term
1-Year Loan
1 month of AMSC (max ₱25,000)
12 months
2-Year Loan
2 months of AMSC (max ₱50,000)
24 months
A ₱49,000 loan is a 2-year loan — the maximum allowed before hitting the ₱50,000 cap.
âš™ï¸ SSS 2025 Salary Loan Computation Rules
Rule
Description
Interest Rate
8% per annum (diminishing balance)
Service Charge
1% of loan amount
Pro-Rated Interest
~50 days before amortization starts
Loan Term
24 months
Late Penalty
1% per month on unpaid amortization
Early Payment
Allowed anytime, no penalty
Repayment Start
Usually 2 months after approval
🧮 Step-by-Step ₱49,000 Loan Computation
Assume your loan is approved on March 12, 2025. Interest is computed for 50 days (March 12 to April 30) before the first amortization in May.
🧾 Step 1 – Deductions Before Loan Release
Item
Computation
Amount (₱)
Approved Loan
—
49,000
Service Charge (1%)
49,000 × 1%
490
Pro-Rated Interest (50 days)
49,000 × 0.08 × 50 ÷ 365
537
Total Deductions
—
₱1,027
Net Take-Home Amount
49,000 − 1,027
₱47,973
✅ Cash Released: ₱47,973
🧾 Step 2 – Monthly Amortization (24 Months)
Annual Interest: 8%
Monthly Interest: ~0.67%
Term: 24 months
âž¡ï¸ Monthly Amortization = ₱2,236 âž¡ï¸ Total Payment = ₱53,664 âž¡ï¸ Total Interest = ₱4,664
📅 ₱49,000 Amortization Schedule (Rounded)
Mo
Beg Balance
Interest
Principal
Payment
End Balance
1
49,000
327
1,909
2,236
47,091
2
47,091
314
1,922
2,236
45,169
3
45,169
301
1,935
2,236
43,234
4
43,234
289
1,947
2,236
41,287
5
41,287
275
1,961
2,236
39,326
6
39,326
262
1,974
2,236
37,352
7
37,352
249
1,987
2,236
35,365
8
35,365
236
2,000
2,236
33,365
9
33,365
223
2,013
2,236
31,352
10
31,352
209
2,027
2,236
29,325
11
29,325
196
2,040
2,236
27,285
12
27,285
182
2,054
2,236
25,231
13
25,231
169
2,067
2,236
23,164
14
23,164
155
2,081
2,236
21,083
15
21,083
141
2,095
2,236
18,988
16
18,988
127
2,109
2,236
16,879
17
16,879
113
2,123
2,236
14,756
18
14,756
98
2,138
2,236
12,618
19
12,618
84
2,152
2,236
10,466
20
10,466
70
2,166
2,236
8,300
21
8,300
55
2,181
2,236
6,119
22
6,119
41
2,195
2,236
3,924
23
3,924
26
2,210
2,236
1,714
24
1,714
11
1,714
1,725
0
✅ Total Payment: ₱53,664 ✅ Total Interest: ₱4,664 ✅ Total Deductions: ₱1,027 ✅ Net Take-Home: ₱47,973
Lara, an active SSS member since 2016, applies for a ₱49,000 loan in March 2025.
Item
Amount
Approved Loan
₱49,000
Deductions (Service + Interest)
₱1,027
Take-Home Amount
₱47,973
Monthly Payment
₱2,236 × 24
Total Payment
₱53,664
Total Interest
₱4,664
Her first payment starts in May 2025 via automatic payroll deduction.
🧾 TL;DR Summary
Item
Details
Loan Amount
₱49,000
Service Charge (1%)
₱490
Pro-Rated Interest (50 days)
₱537
Total Deductions
₱1,027
Net Take-Home
₱47,973
Monthly Amortization
₱2,236 × 24 months
Total Payment
₱53,664
Total Interest
₱4,664
Loan Term
24 months
Penalty (Late)
1% per month
Eligibility
72 contributions (6 recent)
â“ FAQs
1. How much will I receive from ₱49,000? You’ll receive ₱47,973 after ₱1,027 total deductions.
2. When do I start repaying my loan? Two months after approval.
3. Can I pay early? Yes — no penalty for early or full payment.
4. What happens if I miss a payment? SSS charges a 1% penalty monthly.
5. Can I renew my loan? Yes, after 12 months or once half the term is paid.
🌟 Final Thoughts
The ₱49,000 SSS Salary Loan is one of the most affordable government-backed financing options available to members. After ₱1,027 in deductions, your take-home is ₱47,973, and you’ll pay ₱2,236 monthly for 24 months — transparent, fair, and easy to manage.
