The two Pag-IBIG loans
One builds a home, the other bridges a tight month. Here is how each works.
Up to ₱10 million for buying, building, or refinancing a home. Promo rates of 4.5 to 5.75 percent, fixed for 3 years, terms up to 30 years.
from 4.5%Your monthly amortization should fit within about 35 percent of gross monthly income. This is what usually decides the approved amount.
capacity to payCash against your own savings, up to 90 percent of your Total Accumulated Value, for any purpose. No service fee.
10.5% / yrHousing promo rates hold for 3 years, then reprice. Budget for the payment after the fixing period, not just the promo payment.
after 3 yrsThe 35 percent capacity rule
worth planning forThe housing loan finances buying, building, or refinancing a home for up to ₱10 million. Under the Expanded 4PH promo running until December 31, 2026, loans up to ₱2.5 million carry 4.5 percent per year and larger loans up to ₱10 million carry 5.75 percent, both fixed for the first 3 years. After that the rate reprices on your chosen term, so the payment you plan for should be the one after the fixing period, not just the promo payment.
Approval rests on the smallest of three limits: your capacity to pay, the property's appraised value, and your membership standing. Capacity is usually the binding one. Your amortization should fit within about 35 percent of gross monthly income, which you can read backward. An amortization of ₱17,500, for instance, needs gross monthly income of at least ₱50,000 to stay under the cap. A joint application combines incomes when one alone falls short.
The multi-purpose loan is a different animal: cash against your own Regular Savings for any purpose, up to 90 percent of your Total Accumulated Value at 10.5 percent per year with no service fee. If your Total Accumulated Value is ₱120,000, you can borrow up to ₱108,000 over 1, 2, or 3 years. Both loans need at least 24 monthly contributions first. To grow that savings balance or compare a bank loan, see the MP2 savings calculator and the general loan calculator.
Questions people ask
answered in plain wordsUnder the Expanded 4PH promo, available until December 31, 2026: 4.5 percent per year for loans up to ₱2.5 million and 5.75 percent for loans above that up to ₱10 million, both fixed for the first 3 years. After the fixing period the rate reprices based on your chosen repricing term.
Up to ₱10 million, subject to three limits: your capacity to pay (the amortization should stay within about 35 percent of your gross monthly income), the property's appraised value, and your membership standing. The smallest of these wins.
Work backward from the amortization. This calculator shows the gross monthly income required so the payment stays within the 35 percent cap. A joint application with a spouse or co-borrower combines incomes, which is the usual route when one income falls short.
A cash loan against your own Pag-IBIG regular savings, usable for anything: tuition, medical bills, small business, emergencies. You can borrow up to 90 percent of your Total Accumulated Value at 10.5 percent per year, paid over 1, 2, or 3 years, usually through salary deduction. There is no service fee.
In the Virtual Pag-IBIG app or website under Regular Savings. It is the sum of your monthly contributions, your employer's share, and the dividends Pag-IBIG has credited over the years.
Yes. Both loans require at least 24 monthly contributions. For the MPL you also need to be an active member with sufficient savings; for the housing loan you must be under 65 at application and not older than 70 at maturity.
For the housing loan: mortgage redemption insurance, fire insurance, appraisal and processing fees, and the rate repricing after the fixed period. The MPL has no service fee, so its estimate is close to final.
No. Every calculation runs privately on your device. Nothing you type is stored, tracked, or sent to a server.
Where these numbers come from
straight from the sourceThe rates and rules on this page follow the official issuances below. When an agency updates a schedule, this is where to confirm the current figure against your own situation.