Pag-IBIG Fund is an institution that aims to help Filipino citizens by catering them with different types of loans such as a simple salary loan and multi-purpose loans. Their housing loans somehow have a different way of being computed. In this article, we will be teaching you how you can compute for the Pag-IBIG Housing Loan monthly amortization and the table of the percentages.

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Every year, the Pag-IBIG renews its table, making it member-friendly if I must say. This year, the Pag-IBIG released the newest computations and monthly amortization table for those people or members looking to get a housing loan from Pag-IBIG. Since then, they are existent to assist Filipino workers in getting their dreams by buying a house, renovating one, and funding their needs.

Read: How to Apply for Pag-IBIG Fund Multi-Purpose Loan (MPL)

Although there are calculators all around the net, it would still be better if you have a rough idea of how things work, right?

To give you a head start, Pag-IBIG recently upgraded their payment schemes and extended the allowed number of years to 30 years. Before, you can pay only at a maximum of 25 years.

Having that said, the Pag-IBIG housing loan monthly amortization table this year is:

Interest Rates (based on chosen Fixed Pricing Period)
1 Year 3 Years 5 Years 10 Years 15 Years 20 Years 25 Years 30 Years
5.375% 6.375% 7.270% 8.035% 8.585% 8.800% 9.050% 10.000%

If you still think it’s rocket science, let me break it down for you a little bit. If you go an apply for a loan and your preferred payment period is 1 year, the interest overall would be 5.375%. Meaning if you go and apply for a loan worth Php100, 000.00, the monthly amortization would be Php8, 781.25 for twelve (12) months.

  • Loan Amount (100, 000) x (5.375%) = 5, 375.00
  • 5, 375.00 + 100, 000 = 105, 375.00
  • 105, 375.00 / 12 = 8, 781.25 (Monthly Amortization)

You just have to take the principal amount and multiply it to the percentage which will be based on the repayment years. In this scenario, you’ll have to pay a little under Php9, 000.00 per month to satisfy the loan in a year.

Read: Pag-IBIG Housing Loan 2018: What Do You Need To Prepare? FAQs

What are the documentation requirements you need upon the loan application?

You don’t need to go somewhere far to obtain required documentation, as a matter of fact, you can have most of them in under a week. Here’s what you will need:

  • Membership Status Verification Slip (MSVS)
  • Housing Loan Application (two copies)
  • Recent photo ID of the borrower

In addition to those documentation requirements, you would also need proof of income requirements. To see the list, click on this link for the full list. You would also need other requirements upon the release of the loan, you can also see that list on that link I gave.

Read: How to Apply Pag-IBIG Fund Housing Loan Online

Computing for the monthly amortization or simply knowing how it’s computed is not actually difficult. As a matter of fact, it just involves simple math and you just need to know what the percentage is. So what are you waiting for? Gather all of the requirements and expect Pag-IBIG to approve your loan.



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