The Pag-IBIG Housing Loan Calculator helps you estimate your monthly amortization payments based on your loan details. Here's how it works:

1. Enter your desired loan amount (the amount you want to borrow)
2. Select your preferred loan term (number of years to pay, from 5 to 30 years)
3. Choose an interest rate (based on current Pag-IBIG rates)
4. Click "Calculate" to see your estimated monthly payment

The calculator uses the standard amortization formula to compute your monthly payments, taking into account the principal amount, interest rate, and loan term.

The Pag-IBIG loan calculator provides a good estimate of your monthly payments, but please note:

• The calculated amount is an estimate and may differ slightly from your actual monthly amortization
• It doesn't include additional fees such as mortgage redemption insurance (MRI), fire insurance, or processing fees
• The actual interest rate applied to your loan may vary depending on your credit evaluation
• For adjustable-rate loans, the calculator only shows initial payments based on the current rate

For the most accurate figures, consult with a Pag-IBIG housing loan counselor who can provide a detailed payment schedule based on your specific circumstances.

Pag-IBIG offers different interest rate options based on loan term and fixing period:

• 1-year fixing period: Typically 5.75% per annum
• 3-year fixing period: Typically 6.25% per annum
• 5-year fixing period: Typically 6.375% per annum
• 10-year fixing period: Typically 6.5% per annum
• 15-year fixing period: Typically 6.875% per annum
• 20-year fixing period: Typically 7.25% per annum
• 25-year fixing period: Typically 7.375% per annum
• 30-year fixing period: Typically 7.5% per annum

Note that these rates are subject to change. For the most current rates, check the official Pag-IBIG website or contact your local Pag-IBIG office before making any loan decisions.

The calculator can compute payments for any loan amount, but keep in mind that Pag-IBIG has maximum loanable amounts based on:

• Your actual need (house and lot price, construction cost, etc.)
• Your capacity to pay (your income and existing debt obligations)
• The appraised value of the property

The current maximum loan amount from Pag-IBIG is ₱6 million, subject to your capacity to pay. The loanable amount is generally up to 80% of the appraised value for properties in Metro Manila and other highly urbanized cities, and up to 90% for properties in other areas.

Use the calculator responsibly by entering realistic loan amounts based on your financial situation.

The loan term (number of years to pay) significantly impacts your monthly payments:

• Shorter loan term (e.g., 5-10 years): Higher monthly payments but less total interest paid over the life of the loan
• Longer loan term (e.g., 20-30 years): Lower monthly payments but more total interest paid over the life of the loan

For example, for a ₱1 million loan at 6.5% interest:

• 10-year term: approximately ₱11,350 monthly payment (total interest: ~₱362,000)
• 20-year term: approximately ₱7,460 monthly payment (total interest: ~₱790,400)
• 30-year term: approximately ₱6,320 monthly payment (total interest: ~₱1,275,200)

Use the calculator to try different loan terms and see what works best for your budget. Remember that your age at loan maturity cannot exceed 65 years.

The "fixing period" refers to the length of time your interest rate remains fixed before it may be adjusted. This is important to understand when using the calculator:

• If you select a 1-year fixing period at 5.75%, your interest rate is guaranteed to stay at 5.75% for only the first year
• After the fixing period ends, Pag-IBIG may adjust your interest rate based on prevailing market conditions
• Longer fixing periods (10, 15, 20, 25, or 30 years) have higher initial interest rates but provide more stability in your monthly payments

When using the calculator, consider how comfortable you are with potential interest rate changes. If you prefer predictable payments for the entire loan term, choose a fixing period equal to your loan term (though this comes with a higher interest rate).

Using the Pag-IBIG Housing Loan Checklist tool is simple:

1. Fill out the form with your personal information, including your name, marital status, employment type, and loan purpose
2. Click "Generate My Checklist" to create a personalized document checklist
3. View your customized checklist organized by categories
4. Check off items as you gather each required document
5. Use the print button to create a printable version of your checklist

The tool adapts to your specific situation, showing only the documents relevant to your application.

To print your personalized checklist:

1. After generating your checklist, click the "Print Checklist" button at the bottom of the page
2. This will open your browser's print dialog with a clean, print-friendly version
3. Select your printer and print settings
4. Click Print

The printed version includes only the essential information without the interactive elements, making it perfect for tracking your documents physically.

If you're self-employed, you'll need to provide documents that verify your income and business. These typically include:

• DTI Business Name Registration Certificate or SEC Registration
• Mayor's Business Permit/License
• Latest Income Tax Return (ITR) with attached financial statements
• Audited financial statements for the past 2 years
• Trade references (list of major clients and suppliers)

Using the checklist tool will provide you with a complete personalized list based on your specific situation.

As an Overseas Filipino Worker (OFW), you'll need these specific documents:

• Employment Contract or Certificate of Employment authenticated by POLO (Philippine Overseas Labor Office)
• Proof of remittances for the last 6 months
• Special Power of Attorney (SPA) for loan application and mortgage
• Valid passport with entry and exit stamps
• Overseas Employment Certificate (OEC)

These are in addition to the standard personal documents required for all applicants.

To be eligible for a Pag-IBIG housing loan, you need:

• At least 24 monthly contributions to the Pag-IBIG Fund
• At least 12 consecutive monthly contributions immediately prior to application date (for loans under the Affordable Housing Program)

If you haven't met the 24-month requirement yet, you can make advance payments to reach the required number of contributions.

The Pag-IBIG housing loan process typically takes about 1-3 months from application to release of loan proceeds, though processing times can vary. Here's a general timeline:

• Document submission and initial review: 1-2 weeks
• Property appraisal: 1-2 weeks
• Credit evaluation: 2-4 weeks
• Loan approval: 1-2 weeks after credit evaluation
• Loan documentation and signing: 1-2 weeks
• Release of loan proceeds: 1-2 weeks after complete documentation

The process may be faster if you have complete documentation and if the property documents are in order.

You can submit your Pag-IBIG housing loan application through several channels:

• Pag-IBIG Branch Offices: Submit in person at any Pag-IBIG Fund branch nationwide (preferred for first-time applicants)
• Pag-IBIG Website: Some initial application steps can be done online through the Virtual Pag-IBIG portal
• Accredited Developers: If purchasing from a developer with a tie-up with Pag-IBIG, they may assist with your application

For the most complete assistance, visiting a Pag-IBIG branch is recommended, as staff can review your documents immediately and provide guidance if something is missing.

If you're experiencing issues with the Pag-IBIG Housing Loan Checklist tool, try these troubleshooting steps:

1. Update your browser: Make sure you're using the latest version of Chrome, Firefox, Safari, or Edge
2. Clear your browser cache: Sometimes stored data can cause conflicts
3. Disable extensions: Some browser extensions might interfere with the tool's functionality
4. Try a different device: If possible, try accessing the tool on a different computer or mobile device

If none of these steps work, you can always refer to the official Pag-IBIG website for a complete list of requirements.