Pag-IBIG Housing Loan Eligibility Calculator

This calculator helps you assess whether you're likely to qualify for a Pag-IBIG housing loan based on key eligibility factors including membership duration, age, existing loans, credit standing, and financial capacity. It also estimates how much you might be able to borrow.

This calculator provides a reliable initial assessment based on standard Pag-IBIG eligibility criteria. However, the actual loan approval process involves additional factors such as property appraisal, document verification, and a more detailed financial assessment by Pag-IBIG officers.

Pag-IBIG Fund requires applicants to be active members with at least 24 monthly contributions before they can qualify for a housing loan. This is a standard eligibility requirement established by Pag-IBIG Fund.

The loan amount is calculated based on your financial capacity, specifically how much of your monthly income can be allocated to loan payments after accounting for existing financial obligations. The calculation considers your debt-to-income ratio, ensuring your total debt payments don't exceed 40% of your monthly income.

If you don't currently qualify, you can take steps to improve your eligibility such as: continuing your Pag-IBIG contributions until you reach 24 months, reducing existing debt, improving your credit score, adding a co-borrower, or adjusting your loan term to meet age requirements.

No, this basic version only considers your individual income. If you're applying with a spouse or co-borrower, your combined income would increase your borrowing capacity. You can manually add their income to your monthly income field for a rough estimate.

The calculator uses an approximate 10% annual interest rate for estimation purposes, which is close to Pag-IBIG's rates for longer-term fixed periods. Actual interest rates may vary based on the fixed term period you select and current Pag-IBIG rates.

Currently, Pag-IBIG's maximum housing loan amount is ₱6 million. However, your personal maximum will depend on your income capacity and the appraised value of the property you wish to purchase.

The debt-to-income ratio is the percentage of your gross monthly income that goes toward paying debts. Pag-IBIG generally requires that your total monthly debt payments (including the new housing loan) should not exceed 40% of your monthly income to ensure you can comfortably make payments.

No, this calculator provides an initial assessment only. Final approval depends on multiple factors including property appraisal, complete document verification, background check, and Pag-IBIG's comprehensive evaluation of your application.

Your age mainly affects the maximum loan term available to you. Pag-IBIG requires borrowers to be at least 18 years old and not exceed 65 years at loan maturity. For example, if you're 40 years old, you could qualify for a maximum 25-year loan term.

Existing loans reduce the amount you can borrow for housing since they already take up a portion of your debt capacity. The calculator factors in your current loan payments when determining how much you can allocate toward a housing loan.

While this calculator doesn't require documents, your actual application will need: completed Pag-IBIG Housing Loan Application, proof of income, valid IDs, property documents, and potentially other requirements depending on your employment status and the property type.

To increase your borrowing capacity, you can: increase your income, reduce or eliminate existing debts, add a creditworthy co-borrower, improve your credit score, or choose a longer loan term (up to 30 years if your age permits).

Good credit standing means you have a history of paying loans and bills on time without defaults or consistent late payments. Pag-IBIG reviews your payment history for existing or past loans to determine if you're likely to make timely payments on a new housing loan.