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JuanHand Interest Rate: What You Actually Pay Per Month

Contents

JuanHand's interest rate is advertised as "as low as 0.025%", and the homepage never says per what. Per day? Per month? The blog eventually calls it daily, which changes the answer by a factor of twelve. The only complete price the lender publishes is a worked example in its App Store listing: ₱10,000 for 91 days at 12%, costing ₱299.17 in interest. This page resolves the basis question, recomputes the example, and prices the ceiling. Checked September 16, 2026.

The rate with no basis

One number, three possible meanings, and they are not close. Read monthly, 0.025% is about 0.3% a year, which would be the cheapest money in the Philippine market by an order of magnitude. Read yearly, it is negligible. Read daily, as the lender's own blog eventually does, it is about 9.1% a year on simple math (0.025 × 365, our estimate) — plausible, and roughly in line with the store's example.

We print the daily reading as the likely one, not as a verified quote. When a lender leaves the basis unstated on its most visible page, the burden shifts to you. Whatever your disclosure screen says, the basis it shows is the one that counts. The conflicting limits and terms around this brand are documented in the JuanHand loan app review. Short answer there: the numbers disagree.

The store example, recomputed

Figure Value (App Store example)
Principal ₱10,000
Term 91 days
Rate used 12%
Interest ₱299.17
Total repayment ₱10,299.17

The listing even shows its formula, 10,000 × 12% ÷ 365 × 91 + 10,000, and the arithmetic checks out. Run through our effective-rate method, the example computes to about 12% a year simple (our estimate). That is a modest price, comfortably under the disclosed 30% APR ceiling. Remember what an example is, though. It is the best-shaped case the lender could publish. Your own offer may differ.

The benchmark and the ceiling

Our standard test, ₱5,000 for 30 days, cannot be priced from a published rate, because the homepage gives none. Two honest brackets: at the likely daily reading of 0.025%, the month costs about ₱37.50, roughly 9.1% a year (our estimate). At the 30% APR ceiling, the same month costs ₱125. The distance between those numbers is your credit assessment.

One more published term deserves caution. The promo "first installment interest-free" sounds like MoneyCat's free loan. It is not. Only the first installment skips interest; the rest prices normally. Read the full amortization first.

What is not published

The same blanks as everywhere in this review. Your personal rate: credit assessment decides, disclosed in-app. Late fees: no figure anywhere official. Disbursement time: approval is claimed "as fast as 5 minutes"; arrival is silent.

How to read your offer

Three checks. Match the basis: if your disclosure quotes a daily rate, multiply by the term before judging it. Compare against the example: a ₱10,000, 91-day offer costing far more than ₱299.17 is priced above the lender's own best case. That is allowed, but worth noticing. Then check the ceiling. 30% APR is the published maximum, so any total approaching it needs strong justification. Registered alternatives with open numbers: VPlus at an 18% cap, MoneyCat with a free first loan. The loan calculator and methodology page handle conversions.

Frequently asked questions

What is JuanHand's interest rate per month?

No monthly rate is published. The advertised "as low as 0.025%" is daily per the lender's blog, about 9.1% a year on simple math (our estimate). The App Store's own example prices a 91-day loan at 12% for the term.

Is 0.025% per day or per month?

The homepage does not say. The blog calls it a daily rate, which we treat as the likely reading, labeled as our interpretation. Your disclosure states the basis that applies to your loan.

How much does a ₱10,000 JuanHand loan for 91 days cost?

The lender's own example says ₱10,299.17: ₱299.17 of interest at a 12% rate. Your personal offer may differ; the disclosure is final.

What is JuanHand's maximum APR?

30%, per the App Store listing. On ₱5,000 for a month that ceiling is worth ₱125, our estimate of the worst case in the disclosed band.

The bottom line for borrowers

JuanHand advertises a rate without a basis and publishes one honest example: ₱10,000 for 91 days at 12%, ₱299.17 of interest. Between a likely 9% and a hard 30% ceiling sits everything the credit assessment can produce. The lender's registry status, including the three-platform record, is in our JuanHand review. The license check lives at is JuanHand SEC registered.

Sources used for this review