{"id":158301,"date":"2025-06-22T02:30:40","date_gmt":"2025-06-22T02:30:40","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/"},"modified":"2025-06-22T02:30:40","modified_gmt":"2025-06-22T02:30:40","slug":"how-much-is-the-interest-in-pag-ibig-housing-loan","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/","title":{"rendered":"How much is the interest in Pag-IBIG housing loan?"},"content":{"rendered":"<p>If you are planning to purchase a home in the Philippines, you may have come across the Pag-IBIG Housing Loan program. Pag-IBIG, which stands for Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno, is a government agency that provides affordable housing financing options to Filipinos. One of the key factors to consider when getting a housing loan is the interest rate, as it determines the cost of borrowing. So, how much is the interest in a Pag-IBIG housing loan?<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#The_Interest_Rate_for_Pag-IBIG_Housing_Loan\" title=\"The Interest Rate for Pag-IBIG Housing Loan\">The Interest Rate for Pag-IBIG Housing Loan<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#Related_FAQs\" title=\"Related FAQs:\">Related FAQs:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#1_Can_I_choose_a_different_loan_term_than_the_ones_mentioned_above\" title=\"1. Can I choose a different loan term than the ones mentioned above?\">1. Can I choose a different loan term than the ones mentioned above?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#2_Do_I_need_to_be_a_Pag-IBIG_member_to_apply_for_a_housing_loan\" title=\"2. Do I need to be a Pag-IBIG member to apply for a housing loan?\">2. Do I need to be a Pag-IBIG member to apply for a housing loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#3_How_much_can_I_borrow_from_Pag-IBIG\" title=\"3. How much can I borrow from Pag-IBIG?\">3. How much can I borrow from Pag-IBIG?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#4_Are_there_any_other_fees_or_charges_associated_with_a_Pag-IBIG_housing_loan\" title=\"4. Are there any other fees or charges associated with a Pag-IBIG housing loan?\">4. Are there any other fees or charges associated with a Pag-IBIG housing loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#5_What_is_the_loan-to-appraised_value_ratio_for_Pag-IBIG_housing_loans\" title=\"5. What is the loan-to-appraised value ratio for Pag-IBIG housing loans?\">5. What is the loan-to-appraised value ratio for Pag-IBIG housing loans?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#6_Can_I_pay_off_my_Pag-IBIG_housing_loan_before_the_end_of_the_loan_term\" title=\"6. Can I pay off my Pag-IBIG housing loan before the end of the loan term?\">6. Can I pay off my Pag-IBIG housing loan before the end of the loan term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#7_Is_mortgage_insurance_required_for_Pag-IBIG_housing_loans\" title=\"7. Is mortgage insurance required for Pag-IBIG housing loans?\">7. Is mortgage insurance required for Pag-IBIG housing loans?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#8_Can_I_use_Pag-IBIG_housing_loan_to_refinance_an_existing_loan\" title=\"8. Can I use Pag-IBIG housing loan to refinance an existing loan?\">8. Can I use Pag-IBIG housing loan to refinance an existing loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#9_Can_overseas_Filipino_workers_OFWs_apply_for_a_Pag-IBIG_housing_loan\" title=\"9. Can overseas Filipino workers (OFWs) apply for a Pag-IBIG housing loan?\">9. Can overseas Filipino workers (OFWs) apply for a Pag-IBIG housing loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#10_Can_I_use_a_Pag-IBIG_housing_loan_for_the_purchase_of_a_lot_only\" title=\"10. Can I use a Pag-IBIG housing loan for the purchase of a lot only?\">10. Can I use a Pag-IBIG housing loan for the purchase of a lot only?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#11_Can_I_use_a_Pag-IBIG_housing_loan_to_finance_the_construction_of_a_house\" title=\"11. Can I use a Pag-IBIG housing loan to finance the construction of a house?\">11. Can I use a Pag-IBIG housing loan to finance the construction of a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#12_Can_I_transfer_my_existing_loan_from_another_institution_to_Pag-IBIG\" title=\"12. Can I transfer my existing loan from another institution to Pag-IBIG?\">12. Can I transfer my existing loan from another institution to Pag-IBIG?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The_Interest_Rate_for_Pag-IBIG_Housing_Loan\"><\/span>The Interest Rate for Pag-IBIG Housing Loan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The interest rate for a Pag-IBIG housing loan varies depending on the amount you borrow and the loan term. As of May 2021, the interest rates for Pag-IBIG housing loans are as follows:<\/p>\n<ul><\/p>\n<li><strong>1-year fixed pricing period:<\/strong> 5.375%<\/li>\n<p><\/p>\n<li><strong>2-year fixed pricing period:<\/strong> 6.375%<\/li>\n<p><\/p>\n<li><strong>3-year fixed pricing period:<\/strong> 7.375%<\/li>\n<p><\/p>\n<li><strong>5-year fixed pricing period:<\/strong> 8.500%<\/li>\n<p><\/p>\n<li><strong>10-year fixed pricing period:<\/strong> 9.500%<\/li>\n<p><\/p>\n<li><strong>15-year fixed pricing period:<\/strong> 10.000%<\/li>\n<p><\/p>\n<li><strong>20-year fixed pricing period:<\/strong> 10.750%<\/li>\n<p><\/p>\n<li><strong>25-year fixed pricing period:<\/strong> 11.375%<\/li>\n<p><\/p>\n<li><strong>30-year fixed pricing period:<\/strong> 12.000%<\/li>\n<p>\n<\/ul>\n<p>These interest rates are subject to change, so it&#8217;s always important to verify the current rates with Pag-IBIG or consult a loan officer. It&#8217;s worth noting that fixed pricing periods mean your interest rate will remain constant for the specified period, offering stability in your monthly repayments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Related_FAQs\"><\/span>Related FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_I_choose_a_different_loan_term_than_the_ones_mentioned_above\"><\/span>1. Can I choose a different loan term than the ones mentioned above?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, Pag-IBIG offers flexible loan terms ranging from 1 to 30 years depending on your preference and eligibility.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Do_I_need_to_be_a_Pag-IBIG_member_to_apply_for_a_housing_loan\"><\/span>2. Do I need to be a Pag-IBIG member to apply for a housing loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, being a member of Pag-IBIG is a requirement for availing of their housing loan. You should have made at least 24 monthly contributions to be eligible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_much_can_I_borrow_from_Pag-IBIG\"><\/span>3. How much can I borrow from Pag-IBIG?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>The amount you can borrow depends on several factors, including your monthly contribution, your capacity to pay, and the appraised value of the property. Pag-IBIG has a maximum loanable amount limit, which can vary.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Are_there_any_other_fees_or_charges_associated_with_a_Pag-IBIG_housing_loan\"><\/span>4. Are there any other fees or charges associated with a Pag-IBIG housing loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, there are processing fees, mortgage redemption insurance, notarial fees, and other charges to consider when applying for a Pag-IBIG housing loan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_What_is_the_loan-to-appraised_value_ratio_for_Pag-IBIG_housing_loans\"><\/span>5. What is the loan-to-appraised value ratio for Pag-IBIG housing loans?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Pag-IBIG allows a loan-to-appraised value ratio of up to 90%, meaning you can borrow up to 90% of the appraised value of the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_I_pay_off_my_Pag-IBIG_housing_loan_before_the_end_of_the_loan_term\"><\/span>6. Can I pay off my Pag-IBIG housing loan before the end of the loan term?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, you have the option to make a full prepayment or partial prepayments without incurring any penalties.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Is_mortgage_insurance_required_for_Pag-IBIG_housing_loans\"><\/span>7. Is mortgage insurance required for Pag-IBIG housing loans?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, mortgage redemption insurance (MRI) is required for Pag-IBIG housing loans to protect the borrower and the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_I_use_Pag-IBIG_housing_loan_to_refinance_an_existing_loan\"><\/span>8. Can I use Pag-IBIG housing loan to refinance an existing loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, Pag-IBIG offers a refinancing program to help borrowers consolidate and pay off existing loans with other lending institutions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_overseas_Filipino_workers_OFWs_apply_for_a_Pag-IBIG_housing_loan\"><\/span>9. Can overseas Filipino workers (OFWs) apply for a Pag-IBIG housing loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, OFWs can apply for a Pag-IBIG housing loan, but they may have specific requirements to fulfill.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_I_use_a_Pag-IBIG_housing_loan_for_the_purchase_of_a_lot_only\"><\/span>10. Can I use a Pag-IBIG housing loan for the purchase of a lot only?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, Pag-IBIG offers a loan specifically for the purchase of residential lots.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Can_I_use_a_Pag-IBIG_housing_loan_to_finance_the_construction_of_a_house\"><\/span>11. Can I use a Pag-IBIG housing loan to finance the construction of a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, Pag-IBIG provides loans for both the purchase of a house and lot, as well as the construction of a house on a lot you already own.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Can_I_transfer_my_existing_loan_from_another_institution_to_Pag-IBIG\"><\/span>12. Can I transfer my existing loan from another institution to Pag-IBIG?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<p>Yes, it is possible to transfer an existing loan to Pag-IBIG, subject to their terms and conditions.<\/p>\n<p>Now that you have a better understanding of the interest rates and other important aspects of Pag-IBIG housing loans, you can make an informed decision regarding your dream home. Remember to always consult with Pag-IBIG or a loan officer for the most accurate and up-to-date information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are planning to purchase a home in the Philippines, you may have come across the Pag-IBIG Housing Loan program. Pag-IBIG, which stands for Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno, is a government agency that provides affordable housing financing options to Filipinos. One of the key factors to consider when getting a &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How much is the interest in Pag-IBIG housing loan?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-much-is-the-interest-in-pag-ibig-housing-loan\/#more-158301\">Read more<span class=\"screen-reader-text\">How much is the interest in Pag-IBIG housing loan?<\/span><\/a><\/p>\n","protected":false},"author":38,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-158301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much is the interest in Pag-IBIG housing loan?<\/title>\n<meta name=\"description\" content=\"If you are planning to purchase a home in the Philippines, you may have come across the Pag-IBIG Housing Loan program. 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