Is this an official Pag-IBIG quote?
No. It is a planning estimate; official rates, eligibility, and fees are determined by Pag-IBIG Fund.
Pag-IBIG Housing Loan Calculator for Payments
Estimate monthly amortization, total interest, and income share for a Philippine home loan.
Use loan amount, rate, term, income, and down payment to plan a housing purchase.
Pag-IBIG Housing Loan Calculator for Payments
Estimate monthly amortization, total interest, and income share for a Philippine home loan.
Monthly payment = P × r / (1 − (1+r)^(−n)), where r is the monthly interest rate and n is years × 12. A zero rate uses P / n.
About the Pag-IBIG Housing Loan Calculator
The Pag-IBIG housing loan calculator estimates the monthly amortization of a Philippine peso housing loan using the loan amount, annual interest rate, and repayment term. It applies the standard fully amortizing payment formula: each monthly payment includes interest on the remaining balance and a portion that reduces principal. The result also shows total payments, estimated interest, and the payment as a percentage of the monthly income entered.
Use the financed loan amount, not the full property price, unless the entire price will be borrowed. Down payment is displayed as useful planning information but does not reduce the loan amount automatically because people may enter either a desired loan amount or a property cost. Ensure all figures represent the same intended purchase. The property type is a planning reference and does not change the calculation.
Actual Pag-IBIG Fund eligibility, loan limits, affordable-housing programs, rates, repricing terms, membership requirements, appraisal, fees, insurance, documentary requirements, and approval criteria can change. A lender may calculate affordability from gross income, household income, debt obligations, or a formal credit review rather than the simple income percentage shown here. Other closing costs and recurring ownership expenses, including association dues, property tax, maintenance, mortgage insurance, and utilities, should be budgeted separately.
Compare several terms and rate scenarios before deciding. A longer term normally lowers the monthly payment but increases total interest; a larger down payment may reduce the financing need. Verify whether the rate is fixed or subject to repricing and whether your quote includes insurance and fees. The calculation is an estimate for planning purposes only and is not a Pag-IBIG eligibility decision, loan offer, or financial advice. Confirm current program rules and obtain an official disclosure from Pag-IBIG Fund or an authorized lending representative before relying on any payment figure. Review ongoing ownership costs and eligibility documents with the provider.
Pag-IBIG Loan Examples
These planning examples use the stated loan amount, rate, and repayment term.
| Inputs | Estimate | Use |
|---|---|---|
| PHP 100,000, 0%, 10 years, PHP 50,000 income | PHP 833.33 monthly; PHP 100,000.00 total | A zero-rate arithmetic example. |
| PHP 120,000, 0%, 1 year, PHP 60,000 income | PHP 10,000.00 monthly; 16.67% income | A short-term payment illustration. |
| PHP 2,000,000; 6.5%; 30 years; PHP 80,000 income | PHP 12,641.36 monthly; 15.80% of income; PHP 4,550,889.77 total | A fully amortizing peso loan at 6.5% over 360 months. |
How to Use the Pag-IBIG Housing Loan Calculator
- Enter the amount you expect to finance in PHP.
- Enter the annual rate and repayment term.
- Enter monthly income and planned down payment.
- Choose the property type as a reference.
- Calculate and compare the payment with a full homeownership budget.
Pag-IBIG Housing Loan FAQ
Does down payment change the payment?
Enter the reduced financed amount to reflect a down payment. The separate field does not alter the loan amount automatically.
Is the income percentage an approval test?
No. It only compares the estimated payment with the income you entered. Pag-IBIG and other lenders use their own affordability, membership, and credit criteria.
Are fees included?
No. The payment is principal and interest on the loan amount. Add insurance, taxes, and applicable loan or closing fees from an official quote.