No, Filipino language is a part of the Austronesian language family, specifically the Western Malayo-Polynesian branch. We may have adopted some Spanish loanwords but our languages are related to other Maritime Southeast Asian languages, such as Malay and Javanese.
On a side note, even Malay and Javanese had also adopted Portuguese, Dutch, English, Arabic and Sanskrit loanwords. While Spanish had also adopted many Arabic loanwords as well.
- It's normal for languages to adopt loanwords. In the Philippines we actually have multiple words for the same thing. We may have a "Spanish based loanword" and a "Local translation" as well. Ex: (Mesa/Hapag = Table), (Kwarto/Silid = Room), (Libro/Aklat = Book), (Bandila/Watawat = Flag), etc.
Would Spanish speakers understand these?