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Pag-IBIG Housing Loan Interest Rates

You’re interested to own a property and you’ve already researched on how you can apply for a Pag-IBIG housing loan.

How much interest do you have to pay if you are to avail of a loan from Pag-IBIG?

See updated post: New Pag-IBIG Fund’s Housing Loan Interest Rates

The answer: it depends on the loan program you will enroll in and the length of your desired loan period.

Affordable Housing Loan Program

Those earning minimum wage or with gross monthly income not exceeding P17,500 may enroll under Pag-IBIG’s Affordable Housing Program. Borrowers may avail of a loan up to P750,000. The interest rate is either 4.5% or 6.5% in the first ten years of the loan, depending on the gross monthly income of the borrower.

For example, a borrower who wishes to pay only P2,000 monthly amortization, can borrow up to P394,722.32 under this program. This is the case for a loan approved with a 4.5% annual interest rate and 30-year repayment period.

To avail of this loan, the borrower must have a gross monthly income not more than P15,000 (for NCR employees and OFWs) and not more than P12,000 (for those from the other regions in the Philippine). In this scenario, the borrower will be paying P2,000 amortization every month for 10 years, and the interest rate may be repriced after the 10th year.

End-User Financing (EUF) Program

Availment of a higher loan amount up to P6 million depends on the borrower’s actual need, loan-to-appraisal value ratio, and capacity to pay, whichever is the lowest.

The lowest interest rate under the EUF Program is 6.985%, fixed for a period of three (3) years. This means that there will be no repricing or change in interest rate for 3 years. The borrower is given the option to choose the preferred fixing period of the loan upon application.

The annual interest rates depending on the fixing periods of the loan are as follows:

  • Fixed for 3 years: 6.985%
  • Fixed for 5 years: 7.825%
  • Fixed for 10 years: 8.775%
  • Fixed for 15 years: 9.385%
  • Fixed for 20 years: 9.675%
  • Fixed for 25 years: 10.000%
  • Fixed for 30 years: 11.375%

The required gross monthly income for the borrower will depend on the desired fixing period, length of loan payment, and loan amount. Assuming the borrower chose a 3-year fixing period (with interest rate of  6.985% per year), the required gross monthly income depending on the length of the loan period and total loan amount is summarized in this table.

Required Gross Monthly Income depending on Loan Term (in Years) and Loan Amount

Loan Term / Loan AmountP500,000P1 MillionP2 MillionP3 MillionP4 MillionP5 MillionP6 Million
5 YearsP28, 277.31P56, 554.63P131, 960.80P197, 941.23P263, 921.63P329, 902.03P395, 882.43
10 YearsP16, 575.89P33, 151.77P77, 354.13P116, 031.20P154, 708.23P193, 385.30P232, 062.37
15 YearsP12, 828.43P25, 656.86P59, 866.00P89, 799.00P119, 731.97P149, 664.97P179, 597.97
20 YearsP11, 062.83P22, 125.69P51, 626.60P77, 439.87P103, 253.17P129, 066.47P154, 879.77
25 YearsP10, 083.17P20, 166.37P47, 054.83P70, 582.27P94, 109.67P117, 637.10P141, 164.53
30 YearsP9, 489.94P18, 979.86P44, 286.37P66, 429.53P88, 572.73P110, 715.90P132, 859.07

To use this table, let’s say you want to take a P1 million loan from Pag-IBIG. You prefer to pay this for 20 years and you opted for a 3-year fixing period. Looking at the table, Pag-IBIG will require you to show proof that you are earning a gross income of at least P22,125.69 per month.

If you are ready to take a Pag-IBIG loan, check out our post on how you can apply for a PAG-IBIG housing loan!

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16 thoughts on “Pag-IBIG Housing Loan Interest Rates”

  1. juan says:

    Barrowing Housing Loan from Pag-Ibig is not easy. I mean the procedure is complex.

  2. Jimon Fernandez says:

    is this updated up to now? (April 28, 2017)


    i applied for a pagibig housing loan in the amount of 3.8M payable in 15 years. what if I want to pay the balance after completing 5 years of monthly payment. Will I get a rebates or return of interest since I fully paid the loan 5 years in advance?

    1. Nervin Amparo says:

      they will not give cash rebates. they will just subtract it to the principal amt of loan

  4. antonia a. dado says:

    nagloan ako ng 350,000.00 sa housing payable for 25 years,bali matatapos po ng july 2028, nagstart ako magbayad ng laon noong august 2003, as of march 5, 2018 ang balance ko po ay 152,135.97. kung babayaran ko ng buo ngayong april 2018, liliit pa ba ang balance ko? thank you

  5. Julie ann may reyes says:

    Mag apply po sna kme for a housing loan worth 500,000 for 15yrs po sna ang monthly salary po ni mister ay umaabot po ng 14k up to 16k depende po sa ot hours nya mgkano po ba yun ikkaltas nyo po dun monthly if ever po maapprove po yun housing loan po nmin?thank u po?

  6. Marlon M. Taneo says:

    I want to loan 500k for 25 yrs and i have 15000 monthly income how much would be monthly amortization and what are requirements for long term loan thank you.!

  7. Ann-Ann says:

    Hello po. Gusto po Sana kaming mag apply ng housing loan. Ang tanong po, paano po? We have already a lot sa aming lugar. Gusto po namin bahay nalang po ang gawin doon Sa pag ibig.

  8. Dia bacsal says:

    Hello po! Gusto ko po mag apply ng housing loan thru pag-ibig pero yung bahay ay bayad na ng may ari at beni-benta nya.l Gusto ko po thru pag-ibig housing loan. Pano po ang process? Thanks po

  9. Maryjane says:

    Anu pong kailan requirements at paanu at saan po pupunta?

  10. Larz says:

    Very informative Web Page. Keep up the good work. GOD Bless!

  11. Harvy M. Bernal says:

    Good day po.Ang tinitirahan po naming bahay as of now ay binebenta ng 500,000.00 pwede po bang maghousing loan at babayaran ito s loob ng 25 yrs.magkano ang interest nito

  12. Christia Guitang says:

    good pm po…may housing loan po sana ko worth 950,000.00 for 30 years po kaya magkano po kaya a month babayaran ko? 22k po salary ko a month

  13. Nerisssa Peñaflorida says:

    Goodpm itatanong q po about sa kinuha ng asawa q na house 500,000 ang total price equity nya 35000 hanggang 2nd week ng january 2019 ang requirements for pagibig
    Dati po kc nung kinuha nmin sya 11,500 a month lng salary ng asawa q. For 30 yrs ang kinuha nmin. Ngayon po naabsorb sa work at tumaas ang salary nya naging 25k a month.Magkano kaya po magiging monthly nmin for 30yrs? Or gawin nalng nmin 25yrs magkano kaya po magiging monthly nmin kpag naaprove,salamat po

  14. Arjean says:

    Bilang 1 employee na kumikita ng minimun .
    Ano po yung pinaka easy way and requirements para makapag housing loan.
    Yung madali pong intindihin.


  15. AsimMO says:

    much better to go to your nearest Pag Ibig office para matugunan mga question nyo

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