We all know summer in the Philippines is a cup of tea – if by “a cup of tea” you mean, it’s really freaking hot.

And let’s be real, there’s nothing worse than dealing with the heat without a properly working fridge to keep your drinks ice-cold and your food fresh. If your refrigerator is struggling to keep up, it might be time for an upgrade.  

But don’t sweat it—you don’t have to spend a fortune for a new ref! In this blog, we’re listing the top four most affordable refrigerators that you can get using our appliance loan with the lowest hulugan buwan-buwan – Tonik Shop Installment Loan! Cool down and read on.  

Condura

Model: CPR90TD 

Price: P9,710 

Why it’s cool: This one's just what you need if you're looking for a no-frills refrigerator. It has tempered glass shelves to ensure that it can carry food and beverages safely. Its black glass finish makes it a sleek and stylish addition to your kitchen. 

Eurotek 

Model: ER551S 

Price: P12,219 

Why it’s cool: This one has large capacities for its freezer and vegetable crisper. It also has semi-auto defrost, uses R600a refigerant for faster cooling, and a child safety key lock. 

Everest 

Model: TMR.ET2R-178L 

Price: P14,599 

Why it’s cool: It has mechanical temperature control for easy adjustments, a recessed handle, 2 wire shelves, a wire freezer shelf, a crisper drawer with cover, and an adjustable front leg. No frills, just chills.  

Fujidenzo 

Model: INR-83HS 

Price: P18,998 

Why it’s cool: It's an HD Inverter No-Frost refrigerator, which means it'll consume less electricity than the normal ref. It features a Smart Cooling feature, a Fresh Zone Crisper with Humidity Control, and a textured body that's rust and stain resistant, ensuring long-term use. 

Factors to Consider Before Getting an Appliance Loan 

Before you get the refrigerator of your choice with an appliance loan, make sure you borrow smart and consider the following factors first: 

• Loan Terms & Interest Rates: Check how long the repayment period is and whether the interest rate is competitive. A longer term means smaller monthly payments, but you might pay more in interest. 
• Monthly Budget: Be realistic about your finances. Make sure the monthly payments fit comfortably within your budget so you don’t end up sacrificing other essentials. 
• Down Payment Requirements: Your appliance loan may require a down payment. Check if there’s one and factor that into your upfront costs. 
• Hidden Fees: Always read the fine print! Look out for processing fees, late payment penalties, or other charges that could add up. 
• Loan Eligibility: Lenders may have different requirements, like a minimum income or credit score. Make sure you qualify before applying to avoid unnecessary rejections. 
• Prepayment Options: Want to pay off your application loan early? Check if the lender allows early repayments without penalties so you can clear your balance faster if you get extra cash. 

Stay Cool, Spend Smart

Investing in a good-quality refrigerator doesn’t have to be expensive. With these top affordable brands, you can keep your food fresh and your drinks ice-cold all summer long.  

Need a little financial boost to make the purchase easier? Shop for a new refrigerator with our appliance loan, Tonik Credit Builder Loan! Stay cool and refreshed without the financial stress. Download the Tonik App, visit one of our partner stores, and apply today!