Planning to apply for a Pag-IBIG housing loan? Use our free Pag-IBIG Mortgage Loan Calculator to estimate your monthly amortization, total interest, and payment schedule based on current Pag-IBIG rates.
Before calculating your loan payments, you may want to check if you're eligible for a Pag-IBIG housing loan.
Pagibig Mortgage Loan Calculator
Loan Summary
| Payment # | Payment | Principal | Interest | Balance |
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How to Use This Pag-IBIG Mortgage Loan Calculator
Our Pag-IBIG Mortgage Loan Calculator is designed to give you a clear picture of your potential home loan payments. Follow these simple steps to get started:
Step 1: Enter Your Loan Details
- Loan Amount: Enter the amount you wish to borrow (between ₱100,000 and ₱6,000,000)
- Loan Term: Select how many years you want to repay the loan (from 5 to 30 years)
- Interest Rate: Choose the appropriate fixed interest rate period based on Pagibig's current offerings
Step 2: Calculate Your Payments
- Click the Calculate button to generate your loan summary and payment schedule
- The calculator will instantly process your information and display the results
Step 3: Review Your Loan Summary
Your results will show:
- Monthly Amortization: How much you'll pay each month
- Annual Payment: Total amount paid per year
- Loan Term: How many years you'll be making payments
- Total Payment: The total amount you'll pay over the entire loan term
- Total Interest: How much interest you'll pay on top of the principal amount
Step 4: Explore Your Amortization Schedule
- Click Show Amortization Schedule to see a detailed breakdown of every payment
- For each payment, you'll see:
- Payment number
- Monthly payment amount
- How much goes to principal
- How much goes to interest
- Remaining balance after each payment
Step 5: Adjust and Recalculate
- Try different loan amounts, terms, or interest rates to compare scenarios
- Each time you make a change, click Calculate to see updated results
- Find the loan setup that best fits your budget and financial goals
This Pag-IBIG mortgage loan calculator provides estimates based on the information you enter. Actual loan terms and payments may vary.
For the most accurate and up-to-date information, please contact your local Pagibig office directly.
FAQ
A Pagibig Housing Loan is a mortgage financing program offered by the Home Development Mutual Fund (HDMF), also known as Pagibig Fund. It allows eligible members to borrow money to purchase a home, construct a new house, renovate an existing property, or refinance an existing home loan.
Pagibig Housing Loans offer competitive interest rates compared to commercial banks. They provide longer payment terms of up to 30 years and higher loanable amounts up to ₱6 million. It's an inclusive program that accommodates various income levels. Members enjoy multiple payment channels for convenience, and there are no hidden charges.
To be eligible, you must be an active Pagibig Fund member with at least 24 monthly contributions. You should be between 18-65 years old and must not be over 65 years at loan maturity. Having good credit standing and payment history is essential. You should not have an existing Pagibig housing loan or had a housing loan cancelled due to fraudulent acts. All applicants must pass Pagibig's background investigation.
Our calculator provides reliable estimates based on the standard amortization formula used by Pagibig. However, actual loan offers may vary slightly due to changes in interest rates, processing fees, or other factors. We recommend using this as a planning tool, then confirming final terms with Pagibig.
Pagibig offers various fixed interest rate periods (1, 3, 5, 10, 15, 20, 25, or 30 years). During this period, your interest rate remains unchanged. After the fixed period ends (if shorter than your loan term), the interest rate may be repriced based on prevailing market rates.
Several factors may cause differences. Our calculator doesn't include insurance premiums that Pagibig may require. Actual interest rates may have changed since our calculator was last updated. Your specific loan may include additional fees or charges. Pagibig may have applied a different rate based on your credit assessment.
Principal is the portion of your payment that reduces the original loan amount. Interest is the cost of borrowing the money, calculated as a percentage of your remaining balance.
About Chris
I built this Pag-IBIG mortgage loan calculator after struggling to understand my own mortgage payments when buying my first home. As someone who's been through the Pag-IBIG loan process, I wanted to create a simple tool that helps you plan your budget and see exactly what you'll pay each month. My goal is to make the path to homeownership clearer for every Filipino family.