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13th month pay calculator

Repo-linked (EBLR): your rate rises by the same 0.25% at the next reset date, unless your lender holds back some of it. Resets happen at least once every three months, so expect the change within about three months of 7 October.
MCLR-linked: your lender's own cost of funds drives the rate and it resets on its own date, often every six or twelve months. The effect arrives later and may be smaller. Our guide to [[blog:eblr-vs-mclr-home-loan|EBLR and MCLR]] explains the difference.
Fixed rate: nothing changes until the fixed period ends.

Work out your 13th month pay, and whether any of it is taxed. It is due by 24 December.

Rules from DOLE (Presidential Decree 851). The tax-free limit is from the TRAIN law. Estimate.

Common questions

What is the formula for 13th month pay?

Total basic salary earned in the year divided by 12.

When is it due?

By 24 December.