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Pag-IBIG Housing Loan Calculator (2026)

Compute your Pag-IBIG Fund (HDMF) housing loan monthly amortization, total interest paid, and a full year-by-year repayment schedule — all based on official 2024–2025 rates.

Formula last updated:

Formulas are reviewed and updated about every 2 weeks.

What Is a Pag-IBIG Housing Loan?

The Pag-IBIG Fund (officially the Home Development Mutual Fund or HDMF) is a government-run savings and housing finance program for Filipino workers. One of its flagship programs is the Pag-IBIG Housing Loan, which allows members to borrow up to ₱6,000,000 to purchase, construct, or renovate a residential property.

Compared to commercial bank loans, Pag-IBIG offers lower interest rates, longer repayment terms of up to 30 years, and more lenient qualifying requirements — making it the preferred housing finance option for millions of Filipinos.

How to Compute Pag-IBIG Monthly Amortization

Pag-IBIG uses the standard reducing-balance amortization formula:

M = P × [r(1+r)ⁿ] / [(1+r)ⁿ − 1]

Where: M = monthly payment, P = principal loan amount, r = monthly interest rate (annual rate ÷ 12), n = total number of months.

Example: A ₱1,000,000 loan at 6.875% p.a. for 20 years (240 months) gives a monthly payment of approximately ₱7,736. Total interest paid over the full term is around ₱856,640.

Formula source & official references

Monthly amortization uses the standard diminishing-balance payment formula (same family as our general loan calculator). See amortization (reference) for the math. Interest rates follow HDMF housing loan schedules published by the Fund.

Tips for Pag-IBIG Loan Applicants

  • Shorter loan terms mean lower total interest but higher monthly payments.
  • Ensure 24 months of active Pag-IBIG contributions before applying.
  • Pre-payment reduces principal faster and saves on long-term interest.
  • Income must support the monthly amortization — BIR ITR or payslips required.
  • Consider applying jointly (with spouse) to qualify for a higher loan amount.

Related

→ Home loan amortization guide→ Loan Amortization Calculator→ Salary Calculator→ Withholding Tax Calculator

Pag-IBIG Loan Calculator FAQs

How much can I borrow from Pag-IBIG?
Pag-IBIG housing loan borrowers can borrow up to ₱6,000,000, subject to the actual appraised value of the property and the borrower's capacity to pay. The loan amount may also be limited by your Total Accumulated Value (TAV) and years of contribution.
What are Pag-IBIG's current housing loan interest rates?
As of 2024–2025, Pag-IBIG Fund's fixed repricing period rates are: 5.375% for up to 5 years, 6.375% for up to 10 years, 6.625% for up to 15 years, 6.875% for up to 20 years, 7.375% for up to 25 years, and 7.5% for up to 30 years. These rates are subject to repricing after the fixed period.
What is the maximum loan term for a Pag-IBIG housing loan?
The maximum loan term is 30 years, provided the borrower is not more than 65 years old at loan maturity. The loan must fully mature before the borrower reaches 70 years of age.
Who is eligible for a Pag-IBIG housing loan?
Active Pag-IBIG Fund members who have made at least 24 monthly contributions are eligible. The member must not be more than 65 years old at the time of loan application and must have no outstanding Pag-IBIG short-term loan in arrears.
What is the difference between principal and interest in my amortization?
Each monthly payment (amortization) is split into two parts: the principal (which reduces your outstanding loan balance) and the interest (the cost of borrowing, calculated on the remaining balance). Early payments have more interest; later payments have more principal — this is called an amortizing loan.
Can I pay off my Pag-IBIG loan early?
Yes, you can make advance payments or fully pre-terminate your Pag-IBIG housing loan. There is no penalty for early payment. Pre-terminating earlier saves you significantly on total interest paid.