This free Pag-IBIG Housing Loan Calculator helps you estimate your monthly mortgage payments, total interest costs, and required income based on the latest Pag-IBIG Fund rates as of March 2025.
Simply enter your desired loan amount, select an interest rate based on your preferred repricing period, and adjust the loan term. The calculator will instantly show you your estimated monthly payment, total payments over the life of the loan, and the minimum income required to qualify.
Pag-IBIG Housing Loan Calculator
Find out your monthly payments and income requirements
Frequently Asked Questions
This calculator uses the standard amortization formula to determine your monthly payments based on your loan amount, term, and the applicable interest rate. It also calculates the minimum income required to qualify for the loan based on Pag-IBIG's debt-to-income ratio requirements.
Simply enter your desired loan amount and select a loan term, then click "Calculate Payment" to see your results.
Monthly amortization is the fixed amount you'll pay each month toward your housing loan. This amount includes both principal (the loan amount) and interest payments. The calculator computes this based on your loan amount, term length, and the applicable interest rate.
The maximum allowed payment is the highest monthly payment amount that Pag-IBIG will approve based on your income. This is calculated as:
- 35% of your gross monthly income for loans up to ₱1,250,000
- 30% of your gross monthly income for loans exceeding ₱1,250,000
This limit ensures you don't take on more debt than you can reasonably handle.
The minimum income required is calculated by working backward from your monthly amortization amount using Pag-IBIG's debt-to-income ratio limits:
- For loans up to ₱1,250,000: Monthly Amortization ÷ 0.35
- For loans exceeding ₱1,250,000: Monthly Amortization ÷ 0.30
This tells you the minimum monthly income you need to qualify for your desired loan amount and term.
The interest rates vary based on the repricing period, not the total loan term. A repricing period is how long your interest rate remains fixed before it may change.
Longer repricing periods have higher initial interest rates because they offer more stability and protection from potential rate increases. Pag-IBIG offers this rate structure to provide members with options based on their risk tolerance and financial planning needs.
As of March 16, 2025, Pag-IBIG offers the following interest rates:
- 3-year repricing: 6.25%
- 5-year repricing: 6.50%
- 10-year repricing: 7.125%
- 15-year repricing: 7.75%
- 20-year repricing: 8.50%
- 25-year repricing: 9.125%
- 30-year repricing: 9.75%
These rates are subject to change based on Pag-IBIG Fund's policies.
Total Interest represents the sum of all interest payments you'll make over the entire loan period. It's calculated by taking your monthly payment, multiplying it by the total number of payments (loan term in years × 12), and then subtracting your original loan amount.
This gives you insight into the actual cost of borrowing over the life of the loan.
Total Payment is the sum of all payments you'll make over the entire loan term. It includes both the principal (original loan amount) and all interest payments.
This amount represents the complete cost of the loan over its full term and is calculated by multiplying your monthly payment by the total number of months in your loan term.
The maximum housing loan amount from Pag-IBIG is ₱6 million. However, the actual amount you can borrow depends on:
- Your monthly income and capacity to pay
- The appraised value of the property
- Your age and remaining productive years
- Your credit history and Pag-IBIG contributions
Pag-IBIG determines loan eligibility based on the following criteria:
- Your monthly amortization should not exceed 35% of your gross monthly income for loans up to ₱1,250,000
- Your monthly amortization should not exceed 30% of your gross monthly income for loans above ₱1,250,000
- You must be an active Pag-IBIG Fund member with at least 24 monthly contributions
- You must be within the eligible age range (18-65 years)
- You must have a good credit standing and payment history
Loan repricing refers to the adjustment of your interest rate after a specific period. For example, if you choose a 3-year repricing period, your interest rate remains fixed for 3 years, after which it may change based on the prevailing market rates at that time.
The longer the repricing period, the higher the initial interest rate, but it provides more stability in your monthly payments over that period.
No, this calculator provides estimates based on current Pag-IBIG rates and policies. Actual loan approval, terms, and amounts may vary based on:
- Pag-IBIG's evaluation of your application
- Property appraisal results
- Your credit assessment
- Any changes in Pag-IBIG policies or interest rates
Always consult with a Pag-IBIG representative for the most accurate and up-to-date information regarding your specific situation.
You can check your Pag-IBIG membership status in several ways:
- Online: Create or log in to your Virtual Pag-IBIG account at Virtual Pag-IBIG
- Text: Send an SMS to (0918-929-4244) with the message format "IDQRY<space><12-digit Pag-IBIG MID Number>"
- In-person: Visit any Pag-IBIG branch with a valid ID
- Hotline: Call the Pag-IBIG Fund hotline at (02) 8724-4244
Remember that to be eligible for a housing loan, you need to be an active member with at least 24 monthly contributions.
The standard processing time for Pag-IBIG housing loans is:
- Initial evaluation: 3-5 working days
- Property appraisal: 5-7 working days
- Credit investigation: 10-15 working days
- Loan approval: 17-27 working days
The entire process typically takes 4-6 weeks, provided all requirements are complete and there are no issues with documentation or property.
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