Pag-IBIG Housing Loan Calculator
Estimate your monthly amortization and total interest for a given loan amount.
Promo rates apply to applications received through Dec 31, 2026, then reprice per your chosen fixing period.
Loan term
Monthly Amortization
₱17,356
Total Interest
₱2,165,552
Amortization-to-Income
28.9%
Within the 35% guideline
Amortization schedule (first 5 years)
| Year | Principal Paid | Interest Paid | Balance |
|---|---|---|---|
| 1 | ₱39,805 | ₱168,473 | ₱1,960,195 |
| 2 | ₱43,323 | ₱164,955 | ₱1,916,872 |
| 3 | ₱47,152 | ₱161,125 | ₱1,869,720 |
| 4 | ₱51,320 | ₱156,957 | ₱1,818,400 |
| 5 | ₱55,856 | ₱152,421 | ₱1,762,544 |
What this calculates
This tool estimates the monthly amortization and total interest for a Pag-IBIG housing loan, given a loan amount, interest rate, and term — the same standard amortization math a bank or Pag-IBIG uses to compute a fixed monthly payment. It also shows an income ratio, so you can see roughly how much of your gross monthly income that payment alone would take up.
How to use it
- 1
Enter the loan amount you're considering, or tap a quick-amount chip.
- 2
Pick an interest rate tier — the 2026 promo rates are listed first; standard fixing-period rates follow.
- 3
Choose a loan term. A longer term lowers the monthly payment but increases total interest paid.
- 4
Enter your gross monthly income to see the income ratio and whether it fits the guideline below.
How the math works
This uses the standard diminishing-balance amortization formula — the same shape as any fixed-rate installment loan, not a Pag-IBIG-specific formula:
Monthly Amortization = (P × r) ÷ (1 − (1 + r)⁻ⁿ)
where P is the loan amount, r is the annual rate ÷ 12 (the monthly rate), and n is the term in years × 12 (the number of monthly payments).
Each month's payment is split between interest (calculated on the remaining balance) and principal — early payments are interest-heavy, later payments are principal-heavy, which is why the amortization schedule above shows the interest-to-principal mix shifting year over year.
What this assumes
- A fixed rate for the full term you select — real Pag-IBIG loans reprice at the end of each fixing period (see the rate dropdown's note).
- The 35% guideline shown is this loan's own payment against income only — a rough industry-style band, not Pag-IBIG's official published ceiling.
- 2026 promo rates apply only to applications received through Dec 31, 2026, and only for the fixing period stated.
- A 10,000,000 loan ceiling per the Expanded 4PH Program, effective May 2026.
What this doesn't check
- Fees — appraisal, notarial, registration, and MRI/Fire insurance are not included here. As a rough estimate, budget roughly an extra 5% of the home price for these — see the Housing Planner or Downpayment Calculator for the full required-cash figure.
- Your other debts — this shows one ratio (this loan alone against income), not the wider debt-to-income check Pag-IBIG actually underwrites with. Use the Housing Loan Eligibility Checker for that fuller picture.
- Credit history, employment stability, or property appraisal — all real factors in Pag-IBIG's actual approval decision that no calculator can estimate.
- A passing ratio here is not a loan approval or a guarantee of the amount shown.
Want the full picture?
Get the full picture: required cash at signing, an affordability health score, and next steps toward approval.
Frequently asked
Which interest rate tier applies to me?
The 3.00% Expanded 4PH rate applies to income-qualified socialized housing buyers. Loans above that are eligible for 2026 promo rates (4.50% for House & Lot ₱950K–₱4.9M or Condo over ₱1.8M, 5.75% for ₱4.9M–₱10M, both fixed 3 years, through Dec 31, 2026) or the standard fixing-period tiers, which apply going forward once a promo period ends.
What does the 35% limit mean?
Pag-IBIG generally wants this loan's own monthly amortization at or under 35% of your gross monthly income — that's what the Income Ratio below shows. A separate, wider check (total debt-to-income, including any other loans you carry) is generally capped around 40% — see the Housing Loan Eligibility Checker or Housing Planner for that fuller picture.
Why did the maximum loan amount change?
Pag-IBIG raised its housing loan ceiling from ₱6 million to ₱10 million per borrower in May 2026, as part of the Expanded 4PH Program — the new ceiling doesn't guarantee approval for the full amount, which still depends on income, appraisal, and repayment capacity.
Does this include fees like appraisal, registration, or insurance?
No — this calculator shows amortization and interest only. Appraisal, notarial, registration, and MRI/Fire insurance premiums typically add around 5% of the home price. Use the Housing Planner or Downpayment Calculator for an estimate that includes these.
Does a passing income ratio mean my loan will be approved?
No. This is a rough affordability check based on one input — your gross income against this loan's payment. Pag-IBIG's actual approval also weighs your other debts, credit history, employment stability, and the property's appraised value, none of which this calculator can see.
What if I make extra payments — does this calculator show that?
No — the schedule above assumes exactly the fixed monthly amount, every month, for the full term. In practice, Pag-IBIG treats any amount you pay above the required amortization as an advance payment applied to your next amortization (per HDMF Circular No. 403), and you can request the loan be re-amortized afterward to either shorten the term or lower the monthly payment. To approximate the effect here, try a shorter term at the same loan amount and compare the Total Interest figure.
What if I want to pay off the loan early — is there a penalty?
No. Pag-IBIG allows full or partial prepayment without a prepayment penalty (HDMF Circular No. 403, §10.1, citing RA 7394, the Consumer Act of the Philippines). Because interest is charged on the diminishing balance, paying down principal early reduces the total interest shown in the schedule above for the remaining term.
What if interest rates change while I'm still paying this loan?
Your rate stays fixed for the entire fixing period you select above — it doesn't move month to month with the market. It reprices only once, at the end of that fixing period, to whatever rate applies at that time. See the Pag-IBIG Housing Loan Interest Rate Tiers Explained guide for how repricing actually works.
What if I choose a 30-year term instead of 20?
A longer term lowers the monthly amortization but increases total interest paid, since you're paying interest on a balance that declines more slowly. Switch the Loan Term chip above at the same loan amount and compare Monthly Amortization against Total Interest directly — that trade-off is exactly what this calculator is built to show.
What if I miss a payment?
This calculator doesn't model missed payments or penalties — it assumes on-time payment throughout. Pag-IBIG generally considers an account delinquent once payments are several months past due, at which point restructuring options become available. See the Pag-IBIG Loan Restructuring guide for what actually happens and the real options if you fall behind.
What if my income or the property price changes after I run this?
This is a snapshot based on whatever you've entered right now — it doesn't track changes over time or save anything between visits. If your income or the price changes, just re-enter the new numbers for an updated estimate.
Pag-IBIG Fund Guide is an independent, unofficial resource — not affiliated with, endorsed by, or connected to Pag-IBIG Fund or the Philippine government. Figures above are illustrative estimates based on the inputs you provide, not a guarantee or an official Pag-IBIG computation.