Pag-IBIG Housing Loan Calculator Philippines
Estimate monthly housing-loan amortization or calculate a preliminary loan amount based on gross monthly income and a 35% capacity-to-pay limit.
Loan Details
Estimated Loan Result
Income & Loan Assumptions
Preliminary Capacity-to-Pay Result
Our free Pag-IBIG Housing Loan Calculator Philippines helps you estimate the monthly amortization of a proposed housing loan or calculate a preliminary loan amount based on gross monthly income and a 35% planning capacity-to-pay limit.
Program information reviewed: August 2026
How to Use the Pag-IBIG Housing Loan Calculator
The calculator has two functions depending on what you want to estimate.
1. Monthly Amortization
Use this tab if you already have a proposed loan amount and want to estimate the corresponding monthly principal-and-interest payment.
- Enter your proposed housing loan amount.
- Select an annual interest rate or enter a custom rate.
- Select the desired loan term.
- Click Calculate Monthly Amortization.
The calculator will show the estimated monthly amortization, total payments, total interest, first-month interest and first-month principal.
2. How Much Can I Borrow?
Use this tab to calculate a preliminary loan amount from your gross monthly income.
- Enter your gross monthly income.
- Select an interest rate.
- Select the desired loan term.
- Click Estimate Loan Capacity.
The calculator applies a 35% gross-income planning payment limit and converts that monthly payment into an estimated loan principal using the selected rate and term.
How Is Pag-IBIG Monthly Amortization Calculated?
The calculator uses the standard amortizing-loan payment formula:
Where:
- P = loan principal
- r = monthly interest rate
- n = total number of monthly payments
The annual interest rate entered in the calculator is divided by 12 to obtain the monthly rate used in the amortization calculation.
Pag-IBIG Housing Loan Example
Suppose you want to estimate a:
- ₱2,000,000 housing loan
- 5.75% annual interest rate
- 30-year loan term
The loan term contains:
Using the standard amortization formula, the estimated principal-and-interest payment is approximately:
If the entered 5.75% rate remained unchanged throughout the entire 30-year calculation period, the mathematical total would be approximately:
- Total payments: ₱4,201,724.57
- Total interest: ₱2,201,724.57
What Pag-IBIG Housing Loan Interest Rate Should I Use?
The calculator includes several rate selections for planning purposes:
| Rate Selection | How to Treat It in the Calculator |
|---|---|
| 3.00% | Reference for eligible subsidized socialized-housing financing. Eligibility conditions apply. |
| 4.50% | 2026 promotional-rate reference for qualified borrowers, subject to applicable program conditions. |
| 5.75% | 2026 promotional-rate reference for qualified borrowers, subject to applicable program conditions. |
| 6.25% | Provided as a regular/reference planning rate. |
| Custom | Use the rate stated in your applicable Pag-IBIG loan information or another rate you want to compare. |
2026 Pag-IBIG Housing Loan Rate Reference
Pag-IBIG housing financing in 2026 includes enhanced or promotional financing options for qualified borrowers, including rates such as 3.00%, 4.50% and 5.75%, subject to the applicable housing program, borrower eligibility and other conditions.
Because housing-loan programs, promotional offers, fixing periods and repricing conditions can change, CebuContractors.net does not automatically assign a Pag-IBIG rate based only on your loan amount or income.
Instead, you select the rate that you want to evaluate.
What Is the Maximum Pag-IBIG Housing Loan in 2026?
The Pag-IBIG housing-loan ceiling was increased in 2026 to ₱10 million.
For this reason, the calculator currently limits its displayed Pag-IBIG housing-loan planning amount to:
If the income-based affordability formula mathematically produces a principal above ₱10 million, the calculator still shows the uncapped mathematical capacity in the breakdown but limits the main displayed preliminary loan amount to ₱10 million.
This ceiling does not mean that every qualified member can borrow ₱10 million. The actual approved amount depends on the applicable Pag-IBIG requirements and underwriting.
How Does the “How Much Can I Borrow?” Calculator Work?
The affordability tab starts with gross monthly income.
For preliminary capacity-to-pay planning, the calculator uses:
For example, if gross monthly income is ₱50,000:
The calculator then reverses the amortization formula to estimate the principal that a ₱17,500 monthly payment could mathematically support at the selected rate and term.
₱50,000 Monthly Income Example
Assume:
- Gross monthly income: ₱50,000
- Planning payment limit: 35%
- Interest rate: 5.75%
- Term: 30 years
The preliminary monthly payment limit is:
At 5.75% over 30 years, this payment corresponds mathematically to a principal of approximately:
The result should be interpreted as a capacity-to-pay planning estimate, not as a statement that the borrower qualifies for a ₱2.999 million Pag-IBIG loan.
Does the 35% Rule Mean I Automatically Qualify?
No. The 35% calculation is only one component used for preliminary capacity-to-pay estimation.
The actual loanable amount can also depend on matters such as:
- Pag-IBIG membership and housing-loan eligibility
- Property appraisal
- Applicable loan-to-appraised-value rules
- The specific housing-loan program
- Borrower documentation
- Applicable underwriting requirements
- Maximum housing-loan limits
For that reason, our result is deliberately labeled Preliminary Capacity-to-Pay Result.
Why Can a Longer Loan Term Lower the Monthly Payment?
Extending the loan over more months generally reduces the monthly principal-and-interest payment because repayment is spread across a longer period.
However, assuming the same interest rate throughout the comparison, a longer term generally results in more total interest paid over the life of the loan.
The calculator lets you compare different terms such as 10, 15, 20, 25 and 30 years to see this effect.
Does the Calculator Include Pag-IBIG MRI?
No. The headline monthly result estimates the principal-and-interest amortization only.
It does not automatically add Mortgage Redemption Insurance (MRI), non-life insurance premiums or other applicable charges.
We intentionally do not assume a universal insurance amount because the actual charges applicable to a housing account should come from Pag-IBIG Fund’s applicable loan terms.
Does the Calculator Include Down Payment?
No. The calculator does not automatically assume a fixed down-payment percentage.
The relationship between property value, appraised value, approved loan amount and borrower equity can depend on Pag-IBIG’s applicable loan-to-appraised-value requirements and the actual property appraisal.
For this reason, the calculator asks for the proposed loan amount rather than assuming that every borrower will make the same percentage down payment.
Does the Calculator Include Property Appraisal?
No. Property appraisal is not something that can be reliably reproduced by a simple online calculator.
A mathematical result showing that your income could support a certain monthly payment does not establish that Pag-IBIG will approve the same principal amount against a particular property.
Does the Calculator Include Taxes and Other Fees?
No. The calculator does not include:
- Taxes
- Transfer-related expenses
- Registration expenses
- Developer charges
- Property appraisal charges, if applicable
- Insurance premiums
- Penalties
- Other loan-processing or transaction expenses
These costs should be considered separately when preparing the total budget for buying or building a home.
Can I Use the Calculator for House Construction?
You can use the loan calculator to compare the mathematics of a proposed housing-loan amount, rate and term.
However, it does not determine whether a specific house-construction project or property qualifies for Pag-IBIG financing.
If you are still planning the construction budget itself, use our Construction Cost Calculator Philippines for an early-stage Philippine construction budget estimate.
Monthly Amortization vs. Total Interest
When comparing housing-loan options, monthly payment should not be the only number considered.
A lower monthly payment may result from a longer repayment period. While this can make the monthly obligation more manageable, it can also increase the total mathematical interest paid over the full calculation period.
This is why the calculator displays both:
- Estimated Monthly Amortization
- Estimated Total Interest
Try changing the loan term while keeping the principal and rate the same to compare the results.
Why Can Actual Pag-IBIG Payments Be Different?
The calculator assumes that the annual rate you enter remains unchanged throughout the selected mathematical calculation period.
Actual Pag-IBIG housing financing may involve an applicable rate-fixing or repricing period. If the rate changes later, future amortization can also change.
Actual amounts may additionally differ because of insurance premiums, rounding conventions, applicable charges and the final approved loan terms.
What This Pag-IBIG Calculator Does Not Determine
The calculator does not determine:
- Whether you qualify for a Pag-IBIG housing loan
- Whether you qualify for a 3.00%, 4.50%, 5.75% or another rate
- Your final approved loan amount
- Property appraised value
- Final loan-to-appraised-value calculation
- Required borrower equity or down payment
- MRI premiums
- Non-life insurance premiums
- Taxes and transfer expenses
- Developer charges
- Penalties
- Future repricing rates
Pag-IBIG Housing Loan Calculator FAQs
How do I calculate my Pag-IBIG housing loan monthly amortization?
Enter the proposed loan principal, annual interest rate and loan term. The calculator uses the standard amortizing-loan formula to estimate the monthly principal-and-interest payment.
How much is the monthly payment for a ₱2 million Pag-IBIG loan?
It depends on the interest rate and loan term. For example, ₱2 million at 5.75% over 30 years produces a mathematical principal-and-interest payment of approximately ₱11,671.46 per month, assuming that rate remains unchanged throughout the calculation period.
What is the maximum Pag-IBIG housing loan in 2026?
The Pag-IBIG housing-loan ceiling was increased to ₱10 million in 2026. The maximum ceiling does not mean every borrower will qualify for that amount.
Is the Pag-IBIG housing loan interest rate 5.75%?
5.75% is included as a 2026 promotional-rate reference for qualified borrowers. Actual rate eligibility and applicable fixing or repricing conditions depend on the Pag-IBIG program and approved loan terms.
Who qualifies for the 3% Pag-IBIG housing loan rate?
The 3% selection is intended as a reference for eligible subsidized socialized-housing financing. The calculator does not determine whether a user satisfies the applicable Pag-IBIG eligibility requirements.
Does selecting 4.5% mean I qualify for that rate?
No. Selecting 4.5% only tells the calculator which interest rate to use for the mathematical estimate. It does not establish eligibility for the promotional rate.
How much can I borrow with a ₱50,000 monthly income?
Using the calculator’s 35% capacity-to-pay planning limit gives a monthly payment of ₱17,500. At 5.75% over 30 years, this mathematically supports approximately ₱2.999 million in principal. Actual Pag-IBIG approval can be lower.
What does the 35% capacity-to-pay limit mean?
The calculator uses 35% of gross monthly income as the preliminary maximum monthly repayment for its affordability calculation. It is not a guarantee of loan approval.
Does Pag-IBIG approve a loan based only on salary?
No. Capacity to pay is only part of the loan evaluation. Final loanable amount can also depend on eligibility, property appraisal, applicable loan-to-appraised-value rules and other requirements.
Can I get a 30-year Pag-IBIG housing loan?
The calculator allows terms up to 30 years for planning. Actual allowable term depends on the applicable Pag-IBIG housing-loan rules and borrower circumstances.
Does the monthly amortization include MRI?
No. The calculator’s monthly amortization is a principal-and-interest estimate. MRI, non-life insurance and other applicable charges are not automatically included.
Does this calculator include the down payment?
No. It does not assume a universal down-payment percentage because the approved loan amount can depend on property appraisal and applicable loan-to-appraised-value requirements.
Can I use a custom interest rate?
Yes. Select Custom Rate and enter the annual percentage you want to evaluate. This is useful when comparing another rate or using a rate provided in your actual loan information.
Why does a 30-year loan have more total interest?
A longer term spreads principal repayment across more months and generally reduces the monthly payment, but interest accrues over a longer period. Assuming the same rate, this usually increases total interest compared with a shorter term.
Is this an official Pag-IBIG calculator?
No. This is an independent preliminary planning calculator provided by CebuContractors.net. It is not operated by or affiliated with Pag-IBIG Fund.
Can I use the result as proof that Pag-IBIG will approve my loan?
No. Calculator results are estimates only and must not be treated as loan approval, pre-approval or a guarantee of rate eligibility.