How to use this calculator
- Enter the loan amount — usually the property price minus your equity or down payment.
- Choose a term. Longer terms lower the monthly payment but increase total interest.
- Pick a repricing period. The rate is fixed for that period, then repriced.
- Press Calculate to see monthly amortization, total interest over the full term at the chosen rate, and the gross income needed.
Amortization formula
M = P × r × (1 + r)^n ÷ ((1 + r)^n − 1)
P = loan amount, r = annual rate ÷ 12, n = years × 12
Pag-IBIG's actual amortization also includes mortgage redemption insurance (MRI) and fire insurance, typically adding a few hundred pesos per month, so your official figure will be slightly higher.
Indicative 2026 Pag-IBIG interest rates
Pag-IBIG Fund announced promotional rates for applications received until December 31, 2026: 4.5% for loans above the socialized housing ceiling up to the low-cost housing ceiling, and 5.75% for loans above the low-cost ceiling up to ₱10 million, both fixed for 3 years and then repriced based on your chosen repricing period. Regular rates by fixing period are listed below.
| Fixed-rate period | Annual rate |
|---|---|
| 2026 promo: above socialized up to low-cost ceiling (3-yr fixed) | 4.5% |
| 2026 promo: above low-cost ceiling up to ₱10M (3-yr fixed) | 5.75% |
| 1-year fixed | 5.75% |
| 3-year fixed | 6.25% |
| 5-year fixed | 6.5% |
| 10-year fixed | 7.125% |
| 15-year fixed | 7.75% |
| 20-year fixed | 8.5% |
| 25-year fixed | 9.125% |
| 30-year fixed | 9.75% |
| Expanded 4PH socialized housing (subsidized) | 3% |
Peso examples
- ₱2,000,000 for 30 years at 7.75% (15-year fixed): about ₱14,328/month; minimum gross income ≈ ₱40,940.
- ₱1,500,000 for 25 years at 6.25% (3-year fixed): about ₱9,895/month.
- ₱580,000 socialized housing for 30 years at 3%: about ₱2,445/month.
- ₱2,500,000 for 30 years at the 4.5% 2026 promo rate: about ₱12,667/month for the first 3 years (vs ≈ ₱15,393 at 6.25%).
Basic eligibility
- Active Pag-IBIG member with at least 24 monthly contributions (lump-sum payment allowed).
- Not more than 65 years old at application and not over 70 at loan maturity.
- Legal capacity to acquire property and no outstanding foreclosed or cancelled Pag-IBIG loan.
- Satisfactory credit and background check.
Tips to lower your monthly amortization
Put down a bigger equity so you borrow less; even ₱200,000 less on a 30-year loan at 7.75% cuts about ₱1,430 from each monthly payment. Choose the repricing period carefully: a 1- or 3-year fixed rate looks cheaper at first, but your payment can rise when the loan is repriced, while a 10- to 30-year fixed rate gives predictable budgeting. Adding a co-borrower such as a spouse can help you meet the 35% capacity-to-pay rule. Finally, keep paying your monthly Pag-IBIG savings and avoid missed amortizations, because penalties of 1/20 of 1% per day of delay add up quickly.