Pag Ibig Housing Loan Calculator Philippines

Find your loan amount, repayment period, and fixed price with Pag IBIG’s housing loan calculator. Find out how much you can borrow from Pag IBIG.

What calculation would you like to perform?
Desired Loan Amount:
Gross Monthly Income:
Estimated Value of Property:
Preferred Repayment Period: Desired Fixed Rate Term:

The income required for your desired loan amount is approximately:  
Additional estimated amounts:
Principal & Interest:
Monthly Amortization:
Estimated Equity:
Gross Monthly Income:
Note: Other fees not yet included.
Please be reminded that:
  • The interest rates are valid starting 2023, and are subject to change without prior notice.
  • The outcome produced by this calculator is solely for informational purposes and is NOT considered official.
  • The actual amount available for borrowing may differ based on the assessment and review of Pag-IBIG Fund.
  • The preferred fixed pricing duration is the length of time you want to keep your selected rate secure.
  • Specific terms and conditions are applicable.

Calculate interest rate on Loan

Use Pag Ibig loan calculator to measure the interest rate you get in upcoming payments.

Pag Ibig Housing Loan Calculator for philippine



What does Pag ibig Housing Loan Calculator do?

If you’re looking to buy a new home in the Philippines, the Pag-IBIG Housing Loan Calculator can be a valuable tool in helping you determine how much you can borrow and what your monthly payments will be. But before we dive into how to use this calculator, let’s first talk about what Pag-IBIG Fund is.

Use this formula: P = 0.35 x M x [(1+i)^n -1] / (i x (1+i)^n)

P = Loanable Payment
M = Gross monthly income
i = Monthly interest rate
n = Term duration in months

What is Pag-IBIG Fund?

Pag-IBIG Fund, also known as the Home Development Mutual Fund or HDMF, is a government-owned and controlled corporation that provides affordable financing options for Filipinos seeking housing loans. It was established in 1978 to provide low-cost housing for Filipinos and is funded by contributions from its members, loan interest, and investments.

One of the primary services offered by Pag-IBIG Fund is the housing loan program, which helps Filipinos finance the purchase or construction of their homes. The loan program offers competitive interest rates, flexible payment terms, and no hidden charges. In addition to housing loans, Pag-IBIG Fund also provides other financial products and services such as multi-purpose loans, calamity loans, and savings programs.


How to Use the Pag-IBIG Housing Loan Calculator?

This Pag-IBIG Home loan calculator has three different functions:

  1. Calculating the amount you can borrow based on the value of the property. Enter the estimated property value, and the calculator will display the maximum loanable amount you can borrow from Pag-IBIG.
  2. Using the loan amount, repayment period, and fixed pricing period to calculate your monthly amortization. Follow these steps:
  3. Enter the loan amount you wish to borrow (remember, this cannot exceed the calculated loanable amount).
  4. Select your repayment period (options range from one year to 30 years).
  5. Choose your desired fixed pricing period. A fixed pricing period is when an interest rate is fixed regardless of economic conditions. For example, if you select a 5-year fixed pricing period, your repayment interest rate will be 6.625%. In the 6th year and beyond, Pag-IBIG will provide you with a new interest rate that could be higher or lower than 6.625%.
  6. The calculator will display your monthly amortization during the selected repayment period and the calculated loan interest (click the “Advance mode” button below the calculator to see this).
  7. Calculating how much you can borrow based on your income and chosen monthly interest rate under the fixed pricing period.

Use this formula: P = 0.35 x M x [(1+i)^n -1] / (i x (1+i)^n)


  • P = Loanable amount
  • M = Gross monthly income
  • i = Monthly interest rate
  • n = Term duration in months

This formula combines the rearranged general monthly amortization formula and the gross income requirement provided by Pag-IBIG. According to Pag-IBIG guidelines, you can only borrow up to a monthly amortization (excluding insurance) of at most 35% of your gross monthly income.

Yearly Interest Rate

1: Year* Fixing5.750%
3: Year Fixing6.375%
5: Year Fixing6.625%
10: Year Fixing7.375%
15: Year Fixing8.000%
20: Year Fixing8.625%
25: Year Fixing9.375%
30: Year Fixing10.000%

Considerations Before Applying for a Pag-IBIG Loan

  • Eligibility: To be eligible for a Pag-IBIG housing loan, you should be a member of the fund for at least 24 months and have a stable source of income. You must also not have any outstanding Pag-IBIG loans, fully paid off any previous loans, or be under 65 years old.
  • Fees: There are several fees associated with a Pag-IBIG housing loan, including a non-refundable processing fee of P 1,000 and an appraisal fee of P 2,000.
  • Documents: To apply for a Pag-IBIG housing loan, you’ll need to provide proof of income, identification, proof of ownership or contract to sell, and photos of the property.
  • Interest rates: The interest rate for a Pag-IBIG housing loan is based on the fixed pricing period you choose. As mentioned above, you can choose a fixed pricing period of 1, 3, 5, 10, 15, 20, 25, or 30 years. The interest rate for each fixed pricing period appears on the Pag-IBIG website.
  • Repayment terms: The repayment period for a Pag-IBIG housing loan can range from one year to 30 years, depending on your loan amount and income.

Using the Pag-IBIG Housing Loan Calculator, you can determine your borrowing capacity and monthly payments. It can help you decide what to buy and if you can afford it.

Whether you’re in the Philippines or anywhere else in the world, understanding your loan repayment options is crucial, and the Pag-ibig Home Loan Calculator is an essential tool in that process. It allows you to work out your loan repayments based on various factors, and it’s one of the easiest ways to get a grasp on your Pag-big loan computation.

Pag IBIG housing loan requirements

If you’re planning to build your dream home, you’ll need to meet the following requirements for a Pag-IBIG housing loan:

  • Valid contract to sell: You must have a valid contract to sell for the construction of the house.
  • Detailed cost estimate: Provide a detailed assessment of the house’s construction costs.
  • Detailed plans and specifications: A detailed plan and specification must be provided before work begins on the house.
  • Photos of the property: You’ll need to provide photos of the property you’re planning to build.

What if you’re thinking about constructing a house instead of buying one? This is where the Pag-ibig Construction Loan Calculator comes in handy. Like the home loan calculator, this tool helps you understand how much you’ll need to repay over a specific time.


There are several fees associated with a Pag-IBIG housing loan for house construction, including:

  • A no-refund processing fee of P 1,000.
  • An assessment of P 2,000.
  • A handling fee of P 2,000 will apply to any additional loan proceeds that are issued.

Required Documents

To apply for a Pag-IBIG housing loan for house construction, you’ll need to provide the following documents:

  • Pag IBIG housing loan form with photo ID.
  • Sketch of the house/property and a map of the area.
  • Tax declarations and real estate tax receipts.
  • Latest true and certified copy of the Transfer Certificate of Title (TCT).

Self-employed need:

  • Certificate of Employment and Compensation (CEC). A signed document or a passport or ID of your employer can be used as proof.
  • CEC letters from your company are also accepted.
  • Income tax returns from your host country. If it’s in another language, translate it into English.
  • If you’re co-borrowing, you’ll need a photocopy of your spouse’s ID, seller’s ID, and title owner’s ID.

Here are the accepted IDs by the agency:

  • Passport (It can either be Philippine or foreign)
  • Professional Regulation Commission (PRC) ID
  • Company ID
  • Government Service Insurance System (GSIS) eCard
  • Integrated Bar of the Philippines (IBP) ID
  • DL
  • Social Security System (SSS) ID
  • Government Office and GOCC Identity Cards such as AFP ID or Pag IBIG loyalty card

To streamline your calculations, the Pag-ibig Housing Loan Calculator Excel is available, which you can use to manipulate various variables and see how they affect your repayments. Similarly, the Pag-ibig Lot Loan Calculator can help you calculate your monthly payments if you’re considering buying a lot.

How to apply for Pag Ibig housing loan?

HDMF, or Pag IBIG, offers a variety of housing loan options to suit your needs. Here’s a guide to help you apply for a Pag IBIG housing loan:

  1. Determine your housing loan plan:
  2. Choose an affordable or regular housing loan plan, depending on your income level.
  3. Use the Pag IBIG loan calculator to estimate how much you can borrow based on your desired loan amount, repayment period, and fixed pricing period. It is only a guide, and Pag IBIG determines the loanable amount.
  • Check your eligibility: Make sure you meet all the requirements on the Pag IBIG website.
  • Submit the required documents:

You can apply online through the virtual Pag IBIG portal or in person at a regional office.

For online applications:

  • Go to the Pag IBIG virtual portal and create an account if you still need to get one.
  • Log in and select “Manage Loans” > “Apply for a Housing Loan.”
  • Follow the prompts to fill out the housing loan form and provide your preferred branch, credit, and personal information.
  • Confirm the details and submit your application.
  • You will receive a reference number and an email with instructions on how to book an appointment at the nearest Pag IBIG office.

For in-person applications:

  • Visit a regional office and submit copies of your application form and all other required documents.
  • Pay the processing and appraisal fees and submit the receipt to the Members’ Services Support department.
  • Approval pending:

The verification process usually takes around 17 days. If your request is denied, you will receive a Notice of Disapproval. If approved, you will receive an email to pick up your Notice of Approval (NOA) and Letter of Guaranty (LOG).

  • Sign the loan documents:
  • After receiving the LOG and NOA, visit the Members’ Services department and discuss your credit obligations with a customer care representative.
  • Make sure you fully understand all the terms and conditions in the promissory note, disclosure statement on the credit transaction, and loan and mortgage agreement before signing the Pag-IBIG loan form.
  • Complete the NOA prerequisites: Submit the NOA within 90 days of issuance to access the credit.
  • Claim the loan proceeds: If you’ve followed all the steps correctly, you should now be able to claim your Pag IBIG housing loan.

The Home Development Mutual Fund (HDMF) calculator, also known as the Pag-ibig Fund Calculator, is an excellent resource for computing your housing loans in the Philippines. This comprehensive tool covers various aspects of loan computation, including the Pag-ibig Housing Loan Computation and the Pag-ibig Fund Housing Loan Affordability Calculator.

Gross Monthly Income

There is no fixed minimum salary requirement for a Pag-IBIG housing loan. However, borrowers must have a gross monthly income that can sufficiently cover the monthly amortization without exceeding 35% of their income, known as the Housing Loan Affordability Ratio (HLAR). Loan approval also depends on factors like age, employment history, credit history, and the property’s appraised value.

Property Appraised Value

The property’s appraised value plays a significant role in determining the maximum loanable amount. The loan-to-appraised value (LTV) ratio is used to evaluate the risk associated with the loan. A higher LTV ratio may lead to a shorter repayment period and affect the overall loan terms.

Prepayment Options

Pag-IBIG allows borrowers to make advance payments or pay off the loan in full before the end of the repayment period without incurring pre-termination penalties. This option helps borrowers save on interest payments and shorten the loan term.

Pag-IBIG Fund Membership

To be eligible for a Pag-IBIG housing loan, borrowers must be active members of the Pag-IBIG Fund, with at least 24 months of contributions. In some cases, borrowers may be allowed to make a lump sum payment to reach the required number of contributions.

Grace Period

Pag-IBIG allows a grace period for the first monthly amortization payment, typically three months from the loan takeout date. This grace period provides borrowers with time to settle into their new property before starting repayments.

Modes of Payment

Pag-IBIG offers various modes of payment for housing loan repayments, such as automatic salary deduction, over-the-counter payments at Pag-IBIG branches, and payments through accredited banks or payment centers. It is crucial for borrowers to choose a convenient mode of payment to ensure timely and consistent loan repayments.

Maximum Loanable Amount

The maximum loanable amount is the highest amount a borrower can qualify for based on their income, credit history, and the property’s appraised value. It is crucial to remember that while a higher loan amount may result in a larger property, it can also lead to higher monthly amortizations and interest payments.

Borrower’s Age Limitations

Borrowers must be below 65 years old at the time of loan application and not more than 70 years old at the time of loan maturity. These age limitations ensure that borrowers have the capacity to repay the loan during the repayment period.

Employment History

A stable employment history is a critical factor in the housing loan approval process. Borrowers should demonstrate job stability and a consistent source of income to improve their chances of securing a housing loan.

Credit History

Maintaining a good credit history is essential for loan approval. Pag-IBIG will evaluate a borrower’s credit history to assess their creditworthiness and ability to repay the loan. Borrowers should focus on improving their credit score and settling any outstanding debts before applying for a housing loan.

Repayment Period

The Pag-IBIG housing loan repayment period refers to the length of time a borrower has to pay back the loan amount in monthly installments. The repayment period is an important factor to consider when applying for a housing loan, as it directly affects the monthly amortization and the overall cost of the loan.

Repayment Period Options: Pag-IBIG offers a range of repayment period options, from as short as one year up to a maximum of 30 years. Borrowers can choose the repayment period that best suits their financial capacity and long-term plans.

Age Considerations: The borrower’s age plays a role in determining the allowable repayment period. The borrower must not be more than 65 years old at the time of loan application and not more than 70 years old at the time of loan maturity.

Loan-to-Appraised Value Ratio: The loan-to-appraised value (LTV) ratio is another factor that can influence the repayment period. A higher LTV ratio may lead to a shorter repayment period, as it indicates a higher risk for the lender.

Interest Rates: The interest rate on the Pag-IBIG housing loan is fixed for the entire repayment period, which means the monthly amortization remains the same throughout the loan term. However, longer repayment periods often result in higher overall interest payments.

Monthly Amortization: The monthly amortization is determined by the loan amount, interest rate, and repayment period. Choosing a longer repayment period can lower the monthly amortization, making it more manageable for the borrower. However, this also means paying more interest over the life of the loan.

Prepayment Options: Pag-IBIG allows borrowers to make advance payments or pay off the loan in full before the end of the repayment period without incurring pre-termination penalties. This can help borrowers save on interest payments and shorten the loan term.

Loan Restructuring: In case of financial difficulties, borrowers may request a loan restructuring to extend the repayment period, thus reducing the monthly amortization. This option is subject to Pag-IBIG’s approval and may entail additional fees and charges.

How can the Pag-IBIG Housing Loan Mortgage Calculator is beneficial?

The Pag-IBIG Housing Loan Mortgage Calculator is an invaluable tool that assists potential borrowers in estimating their monthly amortization, evaluating affordability, and planning for their dream home purchase. By inputting essential information such as the desired loan amount, interest rate, and repayment period, borrowers can calculate their estimated monthly amortization. This helps them assess whether the monthly payments are within their financial capacity.

Additionally, the mortgage calculator enables borrowers to experiment with various loan scenarios by adjusting loan amounts, interest rates, and repayment periods. This allows them to find the most suitable loan terms based on their financial situation and long-term goals.

By using the Pag-IBIG Housing Loan Mortgage Calculator, borrowers can make informed decisions regarding their housing loan applications, better prepare for the financial responsibilities of homeownership, and ultimately achieve their dream of purchasing a home.

The Philippine Mortgage Calculator is a useful tool for anyone looking to purchase property in the Philippines. It provides a clear breakdown of your mortgage payments, helping you plan and budget effectively.

Last but not least, the GSIS Loan Calculator and Pag-ibig Financing Calculator are useful for government employees seeking to understand their loan repayment options. You can even find a Pag-ibig Sample Computation online to get a better sense of how these numbers might play out in your own circumstances.

Remember, these calculators are intended to provide estimates. For a more accurate and detailed computation, it’s always best to consult with the appropriate financial institution or a financial advisor.


How to pay PAG IBIG Housing Loan?

For borrowers’ convenience, PAG IBIG has brought a virtual payment facility. It is online access for all overseas or local members. You may pay your payment online or offline at the nearest branch or through PAG loan collecting partner institutes. 

Open login into your Membership account > select the online payment > Upgrade the details (Housing Loan) > MS category and confirm your amount.

How to pay PAG IBIG Housing Loan thru GCash?

For GCash payment submission, open your account details and choose your Housing Loan category. Member’s Account Number is added to the Account No option.

Select the Amortization or further penalty payment. Confirm your amount by selecting the time of your month’s coverage, your Payment is transferred thru GCash. READ FULL DETAIL.

How do you check PAG IBIG Housing Loan Balance?

PAG IBIG delivers a convenient way of checking the loan balance via a virtual system.

There is the calculator on our webpage.

Click on the icon and insert your registered details for PAG IBIG membership.

Your loan balance status is opened forefront to you.

How to transfer PAG IBIG Housing Loan to another person?

If a PAG IBIG loan owner wants to transfer loan payment to another member known as a loan takeover. They must submit the original and photocopies of the new owner to the PAG IBIG.

A new member will submit the takeover fee and Application, but the remaining loan payment will be transferred to another person’s name.

How to check the PAG IBIG Housing Loan Monthly Billing Statement?

Enable your Account with your registered name and loan Application number.

After some official verifications, a pop-up appears; now enter your Account No, captcha code, and first & last name.

Then submit your logging-in page, whole Billing Statement will open. Borrowers can download it for later use. 

How to Loan in PAG IBIG for House Renovation?

You must get a government-owned PAG IBIG agency loan to improve your home. For this purpose, check the criteria of a PAG loan from the online portal or visit your nearest official counter of the Agency.

Prepare your documents and fill out the House renovation Loan Application. The organization lets your Application confirm after the complete verification.

How Much can I Loan From PAG IBIG Housing Loan?

Once qualified for the PAG Loan, you may get 80% of your total regular savings.

So, PAG allows the borrowers to achieve the P6 million loan payment.

This loan payment meets at friendliest terms and under low rates.

Every Filipino worker can fulfill their dream of owning a house. 

Who can avail PAG IBIG Housing Loan?

Filipino workers must have an active membership for at least 24 months (2 years). Their PAG IBIG membership is significant to avail of the loan. They must be at 65 years of age while applying for Loan Application. If borrowers want a single loan, both members must use the same collateral (house loan). 

How do I get a PAG IBIG Housing loan?

  • You must fulfill your documents to qualify for the PAG IBIG loan
  • Submit your filled house loan Application
  • Notice of approval (NOA) is collected from PAG IBIG, and it’s a guarantee letter.
  • Prepare and submit your NOA-required documents
  • Loan proceeds claim into the official PAG IBIG
  • Enjoy your loan and start paying amortisations

Where to pay the PAG IBIG Housing loan?

Loaners can pay their Housing Loan payment to PAG IBIG Agency via PAG’s collecting Partners.

  • SM Hypermarket.
  • Savemore
  • SM Business Service Centers
  • M Lhuillier
  • ECPay (thru merchant partners and7-Eleven stores)
  • Metrobank
  • Bayad Center (with its Associated, authorized partners)


Ready to take the next step toward owning your dream home? Use the Pag IBIG housing loan calculator to estimate how much you can borrow, and start planning your home financing today! Enter your desired loan amount, repayment period, and fixed pricing period to start. Don’t wait any longer – start your journey to homeownership now with Pag IBIG.