What does a ₱1M loan cost each month?
₱6,321 a month with the rate frozen for 5 years, up to ₱8,592 frozen for all 30 — a ₱2,271 gap for the same house. Only the 30-year row's payment (the amortization, in the Fund's vocabulary) is guaranteed for the life of the loan.
Why is the shorter freeze cheaper?
Because the risk is yours: when a short freeze ends, Pag-IBIG re-sets the rate to whatever it charges then, and your payment can rise.
What income do you need to qualify?
The payment must fit inside 35% of your income before deductions — that is the income column in the table. The check uses gross pay, not take-home, so treat it as a minimum rather than a comfortable level.
Does the promo rate apply to a ₱1M loan?
If the property qualifies (a house-and-lot over ₱950K, or a condominium over ₱1.8M), the first 3 years are charged at 4.5% — about ₱5,067 a month on ₱1M. Plan around the regular payment: the promo ends after 3 years, the loan does not.
What loan term do these numbers assume?
A 30-year loan — the longest Pag-IBIG offers, and the one that stretches a monthly payment the furthest — at the official rates that run to the end of 2026. A shorter term means higher payments but much less interest overall; the interactive calculator lets you try both.
Is this the amount Pag-IBIG will approve?
No — it is a planning number, not an approval. Pag-IBIG approves the lowest of three figures: what your income can carry (computed here), 95% of what the Fund's appraiser says the property is worth, and the ₱10,000,000 program maximum.