401(k) Loan Calculator
Calculate 401(k) loan repayment, interest paid back to yourself, and the opportunity cost of lost market returns. See the true cost of borrowing from retirement.
Pag-IBIG Housing Loan Calculator
Estimate Pag-IBIG housing loan payments using salary and term assumptions. Use it as a planning aid, then confirm the current rate table and loan limits with Pag-IBIG.
₱
₱
years
%
₱
Monthly Payment⧉
₱12,413.79
49.7% of salary
Interest Rate⧉
8.83%
Based on salary & term
Total Interest⧉
₱2,224,136.00
₱3,724,136.00 total paid
Down Payment⧉
₱165,000.00
10% of property value
Max Loanable⧉
₱1,057,292.00
35% of salary limit
Affordability⧉
Over Budget
49.7% — target ≤ 35%
Pag-IBIG Interest Rate Table
| Salary Range | 5-10 yr | 11-15 yr | 16-20 yr | 21-25 yr | 26-30 yr |
|---|---|---|---|---|---|
| ₱6,000 & below | 4.5% | 5% | 5.5% | 6.25% | 6.5% |
| ₱6,001–₱8,000 | 6.25% | 6.25% | 6.25% | 6.25% | 6.5% |
| ₱8,001–₱10,000 | 6.25% | 6.25% | 6.25% | 6.75% | 7.375% |
| ₱10,001–₱15,000 | 6.25% | 6.25% | 6.75% | 7.375% | 8% |
| ₱15,001–₱20,000 | 6.25% | 6.75% | 7.375% | 8% | 8.83% |
| Above ₱20,000 | 6.25% | 7.375% | 8% | 8.83% | 9.5% |
Term Comparison
| Term | Rate | Monthly | Total Interest |
|---|---|---|---|
| 10 yrs | 6.25% | ₱16,842.00 | ₱521,042.00 |
| 15 yrs | 7.375% | ₱13,799.00 | ₱983,793.00 |
| 20 yrs | 8% | ₱12,547.00 | ₱1,511,184.00 |
| 25 yrs | 8.83% | ₱12,414.00 | ₱2,224,136.00 |
| 30 yrs | 9.5% | ₱12,613.00 | ₱3,040,613.00 |
Amortization Summary
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₱17,201.00 | ₱131,765.00 | ₱1,482,799.00 |
| 2 | ₱18,782.00 | ₱130,183.00 | ₱1,464,017.00 |
| 3 | ₱20,510.00 | ₱128,456.00 | ₱1,443,508.00 |
| 4 | ₱22,396.00 | ₱126,570.00 | ₱1,421,112.00 |
| 5 | ₱24,455.00 | ₱124,510.00 | ₱1,396,657.00 |
| 6 | ₱26,704.00 | ₱122,261.00 | ₱1,369,952.00 |
| 7 | ₱29,160.00 | ₱119,805.00 | ₱1,340,792.00 |
| 8 | ₱31,842.00 | ₱117,124.00 | ₱1,308,951.00 |
| 9 | ₱34,770.00 | ₱114,196.00 | ₱1,274,181.00 |
| 10 | ₱37,967.00 | ₱110,998.00 | ₱1,236,213.00 |
| 25 | ₱142,079.00 | ₱6,887.00 | ₱0.00 |
Planning notes, formulas, and examples
About the Pag-IBIG Housing Loan Calculator
The Home Development Mutual Fund (Pag-IBIG Fund or HDMF) provides housing loans to eligible Pag-IBIG members. This calculator follows the general salary-and-term structure used by Pag-IBIG housing loans, with terms up to 30 years.
Pag-IBIG housing loan pricing depends on salary bracket, loan term, and the rate table in force for the application period. Longer terms usually raise total borrowing cost even when the monthly amortization looks easier.
This calculator uses a built-in planning matrix to estimate monthly amortization, check affordability against the 35% salary guideline, and compare different loan terms. It is a worksheet for scenarios, not a substitute for the live Pag-IBIG product table or an approval decision.
When This Page Helps
Pag-IBIG pricing depends on both salary and term, so a rough guess often misses the real payment. This calculator estimates the salary-and-term structure, checks the 35% affordability rule, and helps you compare borrowing scenarios before you verify the live Pag-IBIG table.
How to Use the Inputs
- Enter your monthly salary to determine the applicable interest rate tier.
- Input the loan amount you want to borrow.
- Select a loan term between 5 and 30 years.
- Optionally enter a down payment percentage and property value.
- Review the estimated rate and compare it against the live Pag-IBIG table for your application period.
- Check the affordability indicator (target ≤ 35% of salary).
- Compare terms in the comparison table to find your ideal balance.
Formula used
Monthly Payment = P × r(1+r)^n / ((1+r)^n − 1), where P = loan amount, r = monthly rate (annual rate / 12), n = total months. The rate table shown here is a planning matrix, so confirm the live Pag-IBIG table before using it for an actual application.Example Calculation
Result: Rate: 8.83% — Monthly: ₱12,317 — Total Interest: ₱2,195,100 — Affordability: 49.3%
A ₱25,000/month earner borrowing ₱1.5M over 25 years gets an 8.83% rate with ₱12,317 monthly payment. At 49.3% of salary, this exceeds the 35% guideline — consider a shorter term or lower amount. At 20 years, the rate drops to 8.0% but the payment rises to ₱12,543.
Tips & Best Practices
- Keep your monthly payment below 35% of gross salary for comfortable repayment.
- Check the live Pag-IBIG rate matrix before relying on any estimate because salary brackets and promo rates can change.
- Shorter terms have lower interest rates AND less total interest — double savings.
- Contribution history, property documents, and repayment capacity still determine whether a real application is approved.
- The maximum loanable amount depends on the current Pag-IBIG rules, property value, and capacity to pay.
- Consider the Pag-IBIG Loyalty Card program for additional benefits after 5+ years of membership.
Rate Matrix
Your salary bracket and selected term determine the Pag-IBIG rate, so use the page for planning and verify the live matrix before applying.
Borrowing Fit
Keep the payment within the 35% guideline and remember that a longer term can raise the total cost even when it lowers the monthly amortization. Match the loan amount to your contribution history, property value, and income stability before applying.
Sources & Methodology
Last updated:
Methodology
This page uses the built-in salary-and-term matrix shown in the calculator to estimate an annual rate, then applies the standard fully amortizing housing-loan formula to compute monthly payment, total interest, and an affordability check based on the 35% salary guideline used by the page. The term-comparison table simply reruns that same amortization math at the page's built-in rate for each available term.
It is not a live Pag-IBIG underwriting or repricing engine. Pag-IBIG product pricing, fixing periods, documentary requirements, contribution history, and loanable-amount rules can change, and actual approval still depends on the Fund's current rules and your application file. Treat this page as a planning worksheet and confirm the current rate table before relying on it.
Sources
- Housing Loan Application (HQP-HLF-068) (Pag-IBIG Fund) — Official application form showing term options and housing-loan application structure.
- Pag-IBIG Fund Corporate Annual Report 2022 (Pag-IBIG Fund) — Published housing-loan rate tables and product-program context used as a planning reference for the page matrix.
Frequently Asked Questions
It depends on your monthly salary and loan term. Use this page as a planning worksheet, then confirm the live Pag-IBIG rate matrix for the bracket in force for your scenario. The rate is fixed for the duration of the loan once approved.
The maximum loanable amount depends on the Pag-IBIG rules in force when you apply, along with contribution history, property value, and repayment capacity. Use the 35% salary guideline as a planning check, not as the only approval rule.
Key requirements generally include active Pag-IBIG membership, a minimum contribution history, legal age and not over the maturity age limit, and no outstanding Pag-IBIG housing loan. You also need property documents, valid ID, proof of income, and a Transfer Certificate of Title or Condominium Certificate of Title.
Check the current Pag-IBIG product rules for your application period. This calculator is meant for planning and uses a built-in salary-and-term matrix rather than a lender-specific repricing schedule.
Yes, Pag-IBIG allows partial or full prepayment without penalty. Prepaying reduces your remaining balance and total interest. You can make lump-sum payments at any Pag-IBIG branch. This is a significant advantage over some bank loans that charge prepayment fees.
Pag-IBIG and bank mortgages differ on pricing, processing, prepayment rules, and loan limits. Use this page to compare the payment math, then confirm the live offers and policy terms from Pag-IBIG and the bank you are considering.
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