Pag-IBIG Housing Loan Guide: Rates, Requirements & Application
Complete guide to Pag-IBIG housing loans. Learn interest rates, eligibility, requirements, and how to apply for home financing up to P6 million.
Pag-IBIG Fund offers housing loans to help Filipinos achieve homeownership. This guide covers interest rates, eligibility, requirements, and the application process.
Loan Features
| Feature | Details |
|---|---|
| Maximum Loan | Up to P6 million |
| Loan Term | Up to 30 years |
| Interest Rate | Starting at 6.375% |
| Down Payment | As low as 0% (4PH Program) |
Interest Rates 2025
| Loan Amount | Interest Rate |
|---|---|
| Up to P450,000 | 6.375% |
| P450,001 - P750,000 | 6.625% |
| P750,001 - P3,000,000 | 6.875% |
| P3,000,001 - P6,000,000 | 7.125% |
Rates apply to regular housing loans. 4PH Program offers 3% for qualified applicants.
Eligibility Requirements
Membership Requirements
- Active Pag-IBIG member
- At least 24 monthly contributions
- Not over 65 years old at loan maturity
Income Requirements
- Combined family income sufficient for loan repayment
- Net take-home pay covers monthly amortization
Credit Requirements
- Good credit standing
- No outstanding Pag-IBIG loan in default
- No previous housing loan availment
What You Can Finance
| Purpose | Eligible |
|---|---|
| Lot purchase | Yes |
| House and lot | Yes |
| House construction | Yes |
| Home improvement | Yes |
| Refinancing | Yes |
| Condominium unit | Yes |
Required Documents
For Employed Members
- Housing Loan Application (HLA)
- Valid government ID
- Proof of income (payslip, COE)
- Tax documents (ITR, BIR 2316)
- Marriage contract (if married)
- Property documents
For Self-Employed
- Business registration (DTI/SEC)
- Audited financial statements
- Latest ITR with BIR receipt
- Bank statements (12 months)
Property Documents
- Transfer Certificate of Title
- Tax Declaration
- Location/Vicinity Map
- Approved Building Plan
- Construction Cost Estimate
How to Apply
Step 1: Check Eligibility
Verify membership and contribution history via Virtual Pag-IBIG.
Step 2: Find a Property
Choose from accredited developers or existing properties.
Step 3: Submit Application
File at Pag-IBIG branch with complete requirements.
Step 4: Appraisal
Pag-IBIG conducts property evaluation.
Step 5: Loan Approval
Wait for loan approval and release.
Monthly Amortization Sample
| Loan Amount | 15 Years | 20 Years | 30 Years |
|---|---|---|---|
| P1,000,000 | P8,832 | P7,475 | P6,217 |
| P2,000,000 | P17,664 | P14,950 | P12,434 |
| P3,000,000 | P26,496 | P22,425 | P18,651 |
Based on 6.875% interest rate. Actual amounts may vary.
Special Programs
4PH Program
- 3% interest for first 5 years
- For first-time homebuyers
- Income threshold applies
- All OFWs eligible
Affordable Housing Program
- Lower interest rates
- Longer terms
- Reduced down payment
Frequently Asked Questions
What’s the maximum loan amount? Up to P6 million, depending on capacity to pay and property value.
How long is processing? Typically 1-3 months for complete applications.
Can OFWs apply? Yes, through authorized representatives or virtually.
What if I have an existing MPL? You can still apply if MPL is in good standing.
Contact Pag-IBIG
| Channel | Contact |
|---|---|
| Hotline | (02) 8724-4244 |
| contactus@pagibigfund.gov.ph | |
| Website | pagibigfund.gov.ph |
| Virtual Pag-IBIG | pagibigfundservices.com |
Use our Pag-IBIG Housing Loan Calculator to estimate your monthly amortization and total loan cost.