Pag-IBIG Housing Loan Calculator Philippines

With the help of the Pag-IBIG housing loan calculator For the Philippines, you would easily look into your monthly payments and other fees by putting in some factors like loan amount, loan terms, and interest rate. If you’re in a hurry, check out below by entering your figures in our tool right now!

Using the Pag-IBIG Housing Loan Calculator dwells on calculating your average monthly loan payments and the fees you need to pay for the loan. It is owned by a government body under the Human settlements and Urban Development department of Philipines that gives loans to local Filipinos, employees, and self-employees.

Pag Ibig Housing Loan Calculator



Monthly payment

Total payments

Total interest payments

Minimum Monthly Income

What is Pag-IBIG Fund Program? 

The Pag-IBIG Fund, also known as the Home Development Mutual Fund (HDMF), is a government-run savings and loan program in the Philippines. Its primary purpose is to provide affordable housing loans to Filipinos, but it also offers other savings and insurance benefits to its members.

It stands for “Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno”, to simplify for you it means “Cooperation for the Future: You, Bank, Industry, and Government”. 

This program is mandatory for all employed Filipinos. The member of the Pag IBIG program, he/she will contribute a portion of their salary to the fund every month, which will earn interest over time. These funds will be used to buy your home or taken out as a housing loan.

How to Use Our Pag-IBIG Housing Loan Calculator For Philippines?

However, the Pag-IBIG Fund, which is also known as the home development fund owned by the Philippine government, helps to provide loans to those who qualify. You need to be a member of this fund program.

Let’s get down to the point, if you want to know if you qualify for the fund or not, the government provides a calculator that you can use, OR you can use our own tool that we have designed especially for our folks if you find the government’s calculator inconvenient.

If you are interested in using our Pag-IBIG housing loan calculator to estimate your monthly payments or eligibility, here’s what you need to know first:

Pag Ibig Housing Loanable Amount

In the first field box, you must determine the amount of the loan you need. This amount will depend on the cost of the property that you’ve made up your mind to purchase and other additional expenditures or fees.

Considering this amount carefully before borrowing from the fund program is highly recommended since it will affect your loan term, monthly payments, and overall loan costs.

You can borrow up to 6 million PHP from the fund program. Therefore, borrow according to your needs so you can repay it easily.

Amount of the loan 

You need to determine the amount of the loan you need, in the first field box. This amount will depend on the cost of the property that you’ve made up your mind to purchase and other additional expenditures or fees.

Considering this amount carefully before borrowing from the fund program is highly recommended since it will affect your loan term, monthly payments, and overall loan costs.

You can borrow up to 6 million pesos from the fund program. Therefore, borrow according to your needs and be able to repay it easily.

Annual interest rate

Below is the chart of the Annual interest rate with respect to the loan period. 

Pag Ibig Housing Loan interest rates

Repricing Period Interest Rate
1-Yr Fixing 5.750%
3-Yr Fixing 6.375%
5-Yr Fixing 6.625%
10-Yr Fixing 7.375%
15-Yr Fixing 8.000%
20-Yr Fixing 8.625%
25-Yr Fixing 9.375%
30-Yr Fixing 10.000%

Repayment period

The repayment period in our pag-ibig housing loan calculator determines the length of total time in which you are bound to make payments to lay off your loan.

Currently, Pag-IBIG’s loan period extends to 30 years from a one-year loan. In the field of repayment period on our calculator, you’ll be asked to choose your desired repayment period in years, it’s recommended that you carefully choose it as it impacts your overall and current financial condition. 

Minimum salary requirement for loan

Taking out a loan of 100,000P requires that you have a salary of at least 28000P

Additionally, if you’re keen on exploring more financial planning tools within the Pag-IBIG Fund program, you might want to consider utilizing the Pag IBIG MP2 calculator. In addition to estimating your monthly loan payments, this program allows you to project potential earnings and returns from the Modified Pag-IBIG 2 (MP2) savings program. By taking advantage of the higher interest rates offered by the MP2 program, you can maximize your savings and work towards achieving your financial goals.

The Pag-IBIG MP2 calculator is a valuable resource for individuals seeking to make informed decisions about their savings strategies.

How To Use The Pag-ibig Housing Loan Calculator?

The Pag-IBIG Housing Loan Calculator is a tool that allows you to compute the estimated amount of housing loan that you may borrow from the Pag-IBIG Fund program formulated by the Philippine government itself, a Philippine government agency that provides affordable housing loans to its members. Below, you’ll find a few steps which you need to go through carefully.

  1. First and foremost open the Pag-IBIG Fund website, and find the option of a housing loan calculator on the menu or footer section. We have provided the solution above by offering our own custom tool as well. Check Out the Above!
  2. When you’ll find the calculator above or on the official website, the calculator will ask for some relevant information to be filled in the required fields. These would be some information, the calculator might demand from you:
  • One field would be the Loan Amount. It is the total amount, you need from the Pag-IBIG. Fill it categorically and carefully by putting exact figures. 
  • Time Period in years: In this field, you’ll tell them the exact number of years in which you’ll pay your borrowed loan back to the Pag-IBIG. It can be extended from 1 year upto the 30 years. 
  • Interest rate: This is the annual interest rate charged on the loan. The current interest rate for Pag-IBIG housing loans is around 6.5% per year.
  • In another field, the calculator may ask you about the Monthly Amortization. It is the monthly base payment that you need to pay back for laying off your debt. The amazing part is you can either input the monthly amortization that you want to pay or leave this field blank and the calculator will compute it for you based on the other inputs.
  1. After filling in all the required fields, you need to click on the generate/find/compute button for seeing the final generated results. The calculator will show the following outputs of your monthly amortization (if you have filled in the required field), the total loanable amount that you are eligible for after submitting all your essential documents, and the total interest rate that you will pay over the term of the loan. 
  2. You know what? You can adjust the input values as needed to find the loan amount, term, and monthly amortization that work best for you.

To understand how the calculator uses the inputs to calculate the loan amount, interest rate, and repayment terms, it’s helpful to understand the concept of an amortization schedule

You Read This:- How to Apply for a PAG-IBIG Housing Loan?

Amortization schedules show how payments on a loan are broken down into principal and interest components. The principal (the amount borrowed) is paid off with a portion of your monthly payment, and the interest is paid with the rest. 

As you make more payments, the principal balance decreases and the interest paid decreases as well. The Pag-IBIG Housing Loan Calculator uses this amortization schedule to compute the loan amount, interest rate, and repayment terms based on the inputs that you provide.

Benefits of Using Pag Ibig housing loan reconstruction calculator

The Pag-IBIG Housing Loan Calculator based on salary has the following benefits as well:

  1. It would give you the best-friendly device as per your current financial needs. With the help of using this calculator, it will tell you how much you can borrow and what would be your monthly payments. This will clear the picture in your mind of whether you are in a position to afford a housing loan, and if yes, then what your budget should be.
  2. The calculator will allow you to compare different loan options available in Pag-IBIG housing loans. You would need to input different loan terms & compare the resulting monthly payments.
  3. This loan calculator offers flexibility since you can change the loan amount and term, so you can explore different scenarios and see how they would affect your monthly payments. You can use this if you aren’t sure how much to borrow or how long to repay your loan.

Generally, it is considered that the Pag-IBIG Housing Loan Calculator can save you time, will provide accurately and updated the latest information regarding housing loans, and help you make an informed decision about your loan.

Tips for using the Pag-IBIG Housing Loan Affordability  Calculator

Below are some useful tips that you can follow for using the Pag-IBIG housing loan calculator Philippines:

  • You need to gather all the necessary information in your hand. The information you’ll need to input on the calculator would be the Pag Ibig housing loanable amount, the loan terms, and the interest rate. You also need to know the type of property you want and your monthly exact income. 
  • It is very important to know the Philippines’s interest rate. It will affect the total cost of your loan, if the interest rate is higher than the average, it might cost a bit higher. 
  • Don’t take this calculator as the complete guide for you. Before you make your judgments, consider that it is still a tool that runs on some backend functional codes. Therefore, it is important to consult with any PAG-IBIG representatives for accurate information before you get into a huge debt on your life. 

What are the Collaterals and limitations of the Pag IBIG Housing loan Mortgage Calculator?

When applying for a loan program, it is important to be aware of the program’s rules and regulations as well as any specific limitations. Consequently, Pag IBIG also has its collateral rules and certain limitations that are essential for you to know. Let’s look into it: 

Collaterals of Pag IBIG Housing Loan

A property with the “rights” to own with a name that has a dispute with a party or claims in court would not be accepted as collateral.

Limitations of Pag IBIG Housing Loan

If you want to avoid any penalty or rejection from the Pag IBIG program, you need to consider these limitations before you forward your loan application. 

You wouldn’t get a loan for your house if your desired property area is less than 28 square meters. 

If the property has a road right of fewer than 1.5 meters, you cannot get a loan. Moreover, if your land is classified for other types other than residential use. 

How much Can I loan in Pag IBIG Housing?

It depends on several factors, such as monthly salary, length of service, and the value of the property you want to purchase. According to the official website, Pag Ibig housing loan maximum amount is 6 million PHP for employed members and 3 million PHP for self-employed and voluntary members.

This mentioned amount is the estimation, rather the actual amount depends on specific circumstances and Pag-IBIG’s loan calculation formula.

Pag IBIG Housing Loan Verification

In order to verify the accuracy of the information provided in the loan application, the Pag-IBIG Fund uses a simple process to verify the eligibility criteria set by the fund program.

The process includes the following steps:

  1. In order to apply for a loan, you must provide basic personal and employment information, as well as details about the property you intend to purchase.
  2. Pag-IBIG will verify your monthly income to determine if you meet the minimum salary requirement for a housing loan.
  3. Pag-IBIG will also conduct a credit check to assess your financial standing and payment history.
  4. Pag-IBIG will send a property appraiser to assess the value of the property you wish to purchase.
  5. You will need to provide the necessary documents, such as proof of income, proof of identity, and proof of ownership of the property, for verification.

“Find out how much you can borrow with our Pag IBIG Salary Loan Calculator

Frequently Asked Questions

What is the Pag Ibig Housing Loan Qualification?

If you want to qualify for the loan, then these Pag IBIG Housing loan requirements are prerequisites to meet:

  • You should have a record of 24 monthly contributions to the fund.
  • You should not have had a Pag-IBIG loan before or if you have one, should have fully paid.
  • You should be 18 years old or above.
  • You should have a stable source of income.
  • You should not have any unpaid tax record in the government tax record.
  • You should have authentic proof of income and proof of ownership of any property you want to finance. This prerequisite is applicable for locally employed individuals, self-employed and Overseas Filipino Workers (OFW) 
  • Your credit records must be clean.
  • You must have a housing loan application with your ID photo if you want to borrow the loan.

How To Apply For Pag-ibig Loan Housing?

These are the following steps to apply for the latest Pag-IBIG Housing Loan:

  1. Make sure you meet the requirements for a Pag-IBIG Housing Loan, such as being a member of the Pag-IBIG Fund for at least 24 months and having made at least 24 monthly contributions.
  2. You will need to provide proof of income, proof of ownership or purchase of the property, and other required documents.
  3. You can find the loan application form from a Pag-IBIG branch or online. Make sure to fill out the form by filling in all required fields accurately. 
  4. Submit the completed loan application form and required documents to a Pag-IBIG branch or online.
  5. After submitting your application, the Pag-IBIG Fund will review your application and conduct a credit investigation and appraisal of the property. If your application is approved, you will receive a credit offer.
  6. If you agree to the terms and conditions of the loan, you will need to sign the loan offer and pay any required fees.
  7. After you have accepted the loan offer and paid any required fees, the Pag-IBIG Fund will disburse the loan according to the agreed-upon terms.

How many contributions for the Pag IBIG housing loan minimum amount?

It totally depends on your monthly salary and current employment status. If you are a member of the PAG-IBIG fund, then you need to contribute a minimum amount of 100 PHP on monthly basis. Nonetheless, you can also contribute even more than the minimum amount because it will affect your eligibility for the loan amount. 

How Many Months Is The Approval Of The Pag-ibig Housing Loan?

The process for approval for the Pag-IBIG housing loan depends on various factors, such as the type of loan you are acquiring, the total amount of loan you need, and individual circumstances. Generally, it takes a few weeks to complete the whole process, but it may also take several months.

What Can I Do With A Pag-ibig Housing Loan?

It is a government-owned agency in the Philippines for Filipino locals, individuals, and various sectors of the business class. This funded loan is designed to help their members to purchase a new home, construct a new home along with the cost of materials, labor, and so on, or improve the existing condition of their houses to renovate, repair, and upgrade. 

Their members can use this loan to purchase a new home or to build a new home, along with the cost of materials, labor, and so on, or they can use it for renovation, repair, and upgrades to their existing homes.

How to check my balance in Pag Ibig housing loan?

You can check your Pag-IBIG housing loan balance in several ways:

  1. You can check your Pag-IBIG housing loan balance through the Pag-IBIG Fund’s website, using your Pag-IBIG Member’s Identification Number (MID) and your assigned password.
  2. You can visit any Pag-IBIG Fund branch near you and request a loan status report. You will need to provide a valid ID and your Pag-IBIG MID.

Who can apply for a Pag-IBIG Housing Loan?

Pag-IBIG Housing Loan is available to active members of the Pag-IBIG Fund who meet certain requirements such as having made at least 24 monthly contributions, having a stable source of income, and meeting the minimum salary requirement.

How much can I borrow from Pag-IBIG for a housing loan?

The maximum loan amount you can borrow from Pag-IBIG depends on factors such as your monthly income, length of membership, and the appraised value of the property. For employed members, the maximum loan amount can be up to 6 million PHP.

How long is the repayment period for Pag-IBIG Housing Loan?

The repayment period for Pag-IBIG Housing Loan can range from 5 years up to 30 years, depending on your preference and loan eligibility. You can choose a repayment term that suits your financial capacity.

What are the required documents for applying for a Pag-IBIG Housing Loan?

The required documents typically include a filled-out loan application form, valid identification cards, proof of income (such as payslips or income tax returns), proof of billing, and other supporting documents related to the property being financed.

Can I pay off my Pag-IBIG Housing Loan in advance?

Yes, you have the option to make advance or lump-sum payments towards your Pag-IBIG Housing Loan to reduce the outstanding balance and potentially shorten the loan term. However, certain rules and conditions may apply, so it’s best to consult with Pag-IBIG directly.

What happens if I miss a payment or default on my Pag-IBIG Housing Loan?

If you miss a payment or default on your Pag-IBIG Housing Loan, it can result in penalties, late fees, and adverse effects on your credit history. It’s important to promptly communicate with Pag-IBIG and make necessary arrangements to avoid defaulting on your loan.

How can I estimate my monthly payments and taxes on my income and for a Pag-IBIG housing loan?

You can use online calculators to estimate your monthly payments and taxes. For income tax, use an income tax calculator Philippines by entering your taxable income and it will estimate income tax due.

For VAT, use a VAT calculator Philippines to compute 12% VAT by entering the net sales amount. To estimate monthly amortization for a Pag-IBIG housing loan, use a Pag-IBIG housing loan calculator by inputting loan amount, interest rate, and term to get the monthly payment estimate.

Do note that Pag-IBIG loans are VAT-exempt. These online calculators are useful tools to help estimate your potential monthly payments and taxes.


It is highly encouraged to use this Pag-IBIG housing loan Affordability calculator as a catalytic tool to plan your future fairytales and dreams, in which you’ll be owning your own house.

Provide the calculator with the right information, and the tool will handle the rest. I’m sure that after reading this you’ll be now in a position of using this tool very conveniently that might solve your dreams.

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