Pag-IBIG Fund

Pag-IBIG Fund Mandates

PROVIDENT
SAVINGS
HOME
FINANCING
Develop and promote an Promote home ownership
integrated nationwide, sound, and through the extension of
viable tax-exempt mutual AFFORDABLE
PROVIDENT HOUSING LOANS,
SAVINGS SYSTEM and stimulate the shelter industry
suitable to the needs of the by providing developmental and
employed and other earning groups institutional financing
Pag-IBIG Fund SNAPSHOT
TOTAL ASSETS

15.93M ₱925.61B
Active Year
Members
as of 2023 As of 2023
2023
MEMBER’S SAVINGS

₱126.04B 96,848 ₱89.26B As of 2023

Housing Loan Releases Members with New or Better NET INCOME

₱48.76 B
Homes

₱49.79B
As of 2023 As of 2023

Dividend Amount
As of 2023 14% HIGHERthan 2022

₱59.32B
Short-Term Loan Releases
2.65M Y2023 DIVIDEND RATES 97.93%
As of 2023 Short-Term Loan Borrowers
As of 2023 6.55% 7.05%
Regular Savings MP2 Savings
Dividend Payout Ratio
*by law HDMF is only
required to declare 70% of
income as dividend
Pag-IBIG Fund SNAPSHOT

P142.19B
TOTAL HOUSING
LOAN 12 HIGHER
PAYMENTS than 2022
For 2023

PERFORMING
92.84% LOANS RATIO
For 2023
215 BPs HIGHER
than 2022
Benefits & Services
COVERAGE

Purchase of Residential Units

constructed in the
housing projects
accredited under
the 4PH Program
ELIGIBILITY REQUIREMENTS
Active Member with 24 MS
Not more than 65 y/o at the time of application and insurable, not
Subsidized
more than 70 at loan maturity

Interest
Has capacity to acquire & encumber real property
Rate
Passed satisfactory CIBI

No outstanding STL in arrears No Pag-IBIG account that was

foreclosed, cancelled, boughtback

due to default, or subjected to dacion en pago
NEW! ELIGIBILITY REQUIREMENTS under 4PH

Must be a nominee of the LGU, DMW, or any participating

Organization/Institution as lead agency, and/or DHSUD based on the
prioritization of the beneficiaries in accordance with the ff:
1 First-Time homeowner
2 Within the low-income classification
NOTE: If not a First-Time Homeownerand/or do not meet the prescribed low income classification

• May not be entitled to the interest subsidy but may qualify for
other forms of subsidy.
• HL application will still be taken out under this program.
 LOANABLE AMOUNT
(Lowest among the ff:)

Actual Need Selling Price of the Property

Desired Loan Amount written in the “Desired Loan Amount” field in HL Application Form
Amount

LTV Ratio 95%

• 35% of Gross Monthly Income

• For the Informal Sector -Pag-IBIG may use alternative credit
Capacity to Pay evaluation methods such as FinTech System.
• Monthly Amortization, net of interest subsidy
• For gov’t employee under Salary Deduction, NTHP must not fall below
the min. requirement as prescribed by GAA.
INTEREST RATE & LOAN TERM

Interest Rate
• Based on FRBP Framework
• DHSUD IR subsidy not to exceed 5%
• Subsidized Interest Rate = Prevailing IR less DHSUD
Interest Subsidy

Loan Term
• Maximum of 30 Years
Update!
DHSUD & NEDA Joint Memorandum Cir. 2023-003

Price Ceiling for Socialized Subdivision Projects

2%
₱ 850,000.00
Minimum floor area of 28 sqm. with a loft of at least 50% of the base structure, or 32 sqm.
subject to existing rules and regulations
Price Ceiling for Socialized Condominium Projects

Building Unit Sizes (sqm) Price Ceiling (₱)

22 933,320

4 Floors 25 1,060,591
27 1,145,438
The stated price ceilings does not include the land and land
22 1,000,000 development costs. As such, the DHSUD Secretary has the
authority to approve land and land development costs
5-9 Floors 25 1,136,364
Provided, however, that the maximum selling price does
27 1,227,273 not exceed ₱ 1,800,000.00
22 1,320,000
10 Floors and
25 1,500,000
above
27 1,620,000
4PH SUPPORT

Subsidized
Interest
Rate
Price LGU
Amortization
Subsidy Support
 4PH SUPPORT –AMORTIZATION TABLE
(with 5% Interest subsidy from National Government thru DHSUD)

Monthly
Insurance Required
Amort (MA) @ DHSUD IS Borrower’s MA @ *Borrowers Required GMI Difference in
No. of FA GMI –Reg.
Loan Amount IR 6.250% @5% 1.250% Total MA @ Subsidized MA RGMI Due to
Storey (sq. m.) MA @
(P & I) (b) 1.250% @1.250% Govt Subsidy
MRI / SRI NLI 6.250%
(a)

22 933,320.00 5,746.61 3,875.31 1,871.30 210.00 165.30 2,246.60 16,418.89 8,886.58 7,532.31

4 25 1,060,591.00 6,530.24 4,403.76 2,126.48 238.65 187.85 2,552.98 18,657.83 10,098.39 8,559.44
27 1,145,438.00 7,052.66 4,756.06 2,296.59 257.75 202.90 2,757.24 20,150.45 10,906.26 9,244.19
22 1,000,000.00 6,157.17 4,152.18 2,004.99 225.00 177.10 2,407.09 17,591.92 9,521.48 8,070.44

5 to 9 25 1,136,364.00 6,996.79 4,718.39 2,278.40 255.70 201.25 2,735.35 19,990.82 10,819.86 9,170.96
27 1,227,273.00 7,556.53 5,095.86 2,460.67 276.15 217.35 2,954.17 21,590.09 11,685.45 9,904.64
22 1,320,000.00 8,127.47 5,480.88 2,646.59 297.00 233.8 3,177.39 23,221.33 12,568.35 10,652.99
10
and 25 1,500,000.00 9,235.76 6,228.27 3,007.49 337.50 265.65 3,610.64 26,387.88 14,282.22 12,105.66
Up
27 1,620,000.00 9,974.62 6,724.23 3,250.39 364.50 286.90 3,901.79 28,498.91 15,424.79 13,074.12
27 1,800,000.00 11,082.91 7,473.92 3,608.99 405.00 318.80 4,332.79 31.665.46 17,138.66 14,526.80
*exclusive of Estate Management @P25.00/sq.m.
**based on GAP computation
 4PH SUPPORT –AMORTIZATION TABLE
(with 5% Interest subsidy from National Government thru DHSUD)

Monthly Amort Insurance Required

DHSUD IS Borrower’s MA @ *Borrowers Required GMI Difference in
No. of FA (MA) @ IR GMI –Reg.
Loan Amount @5% 1.250% Total MA @ Subsidized MA RGMI Due to
Storey (sq. m.) 6.250% (P & I) MA @
(b) MRI / SRI NLI 1.250% @1.250% Govt Subsidy
(a) 6.250%

22 933,320.00 6,98561 3,875.31 3,110.30 210.00 165.30 3,485.60 16,418.89 8,886.58 7,532.31

4 25 1,060,591.00 7,938.20 4,403.76 3,534.44 238.65 187.85 3,960.94 18,657.83 10,098.39 8,559.44

27 1,145,438.00 8,573.25 4,756.06 3,817.19 257.75 202.90 4,277.84 20,150.45 10,906.2 9,244.19

22 1,000,000.00 7,484.70 4,152.18 3,332.52 225.00 177.10 3,734.62 17,591.92 9,521.48 8,070.44

5 to 9 25 1,136,364.00 8,505.34 4,718.39 3,786.85 255.70 201.25 4,243.90 19,990.82 10,819.86 9,170.96

27 1,227,273.00 9,185.77 5,095.86 4,089.91 276.15 217.35 4,583.41 21,590.09 11,685.45 9,904.64

22 1,320,000.00 9,879.80 5,480.88 4,398.92 297.00 233.80 4,929.72 23,221.33 12,568.35 10,652.99
10
and 25 1,500,000.00 11,227.05 6,228.27 4,998.78 337.50 265.65 5,601.93 26,387.88 14,282.22 12,105.66
Up
27 1,620,000.00 12,125.21 6,726.53 5,398.68 364.50 286.90 6,050.08 28,498.91 15,424.79 13,074.12

27 1,800,00 0. 00 13,472.45 7,473.92 5,998.53 405.00 318.80 6,722.33 31.665.46 17,138.66 14,526.80

*exclusive of Estate Management @P25.00/sq.m.

**based on LAP computation
Thank you.