House loan calculator2/17/2024 ![]() The interest rate for each fixed pricing period appears on the Pag-IBIG website. As mentioned above, you can choose a fixed pricing period of 1, 3, 5, 10, 15, 20, 25, or 30 years. Interest rates: The interest rate for a Pag-IBIG housing loan is based on the fixed pricing period you choose.Documents: To apply for a Pag-IBIG housing loan, you’ll need to provide proof of income, identification, proof of ownership or contract to sell, and photos of the property.Fees: There are several fees associated with a Pag-IBIG housing loan, including a non-refundable processing fee of P 1,000 and an appraisal fee of P 2,000.You must also not have any outstanding Pag-IBIG loans, fully paid off any previous loans, or be under 65 years old. Eligibility: To be eligible for a Pag-IBIG housing loan, you should be a member of the fund for at least 24 months and have a stable source of income.Calculating how much you can borrow based on your income and chosen monthly interest rate under the fixed pricing period.The calculator will display your monthly amortization during the selected repayment period and the calculated loan interest (click the “Advance mode” button below the calculator to see this).In the 6th year and beyond, Pag-IBIG will provide you with a new interest rate that could be higher or lower than 6.625%. For example, if you select a 5-year fixed pricing period, your repayment interest rate will be 6.625%. A fixed pricing period is when an interest rate is fixed regardless of economic conditions. Choose your desired fixed pricing period.Select your repayment period (options range from one year to 30 years).Enter the loan amount you wish to borrow (remember, this cannot exceed the calculated loanable amount). ![]()
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