What you need to know about Pag-IBIG Fund’s new Expanded 4PH housing loan promo

Editor’s note: This press release is sponsored by Pag-IBIG Fund and was handled by BrandRap, the sales and marketing arm of Rappler. No member of the news and editorial team participated in the publishing of this piece.

President Ferdinand R. Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino Program continues to make homeownership more affordable for Filipino workers as Pag-IBIG Fund offers promotional housing loan rates for members buying homes above the socialized housing price ceiling up to P10 million, officials announced.

The new promotional rates build on Pag-IBIG Fund’s earlier move to increase its maximum housing loan amount to P10 million per borrower, which gave members more financing options for homes that better match their needs, income and family situation.

Department of Human Settlements and Urban Development Secretary and Pag-IBIG Fund Board Chairman Jose Ramon P. Aliling said the promotional rates form part of Pag-IBIG Fund’s continuing efforts under the Marcos administration’s Expanded 4PH Program, which has widened access to affordable home financing, revitalized the housing industry, and continues to help more Filipino families achieve homeownership.

“We continue to heed the directive of President Marcos to make decent and affordable homes more accessible to Filipino families,” Aliling said. “Under Expanded 4PH, Pag-IBIG Fund has made socialized housing more affordable for low-income earners through our 3% subsidized housing loan rate for eligible socialized housing borrowers.”

“We then increased our housing loan limit to P10 million per borrower to give more members, particularly those in the middle class, a better opportunity to choose a home that matches their needs and capacity. Now, through these promotional rates, we are making those housing options even more affordable so more Filipino workers can take the next step toward owning a home.”

Under the promotional rates, housing loan or installment amounts above the socialized housing price ceiling, currently up to P950,000 for house-and-lot units and up to P1.8 million for condominium units, and up to the low-cost housing ceiling of P2.5 million shall have an interest rate of 4.5% per annum, fixed for three years.

Meanwhile, housing loan or installment amounts above the P2.5 million low-cost housing ceiling up to P10 million shall have an interest rate of 5.75% per annum, also fixed for three years. After the three-year fixed period, the loan shall be repriced based on the borrower’s chosen repricing period.

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta said the lower rates will be felt directly by members through reduced monthly amortizations, especially during the first three years of their housing loan.

For example, a P2.5 million loan payable over 30 years will have an estimated monthly amortization of about P12,667 under the new 4.5% promotional rate, compared to about P15,393 under the previous 6.25% rate, or savings of around P2,726 per month. Meanwhile, a P10 million loan payable over 30 years will have an estimated monthly amortization of about P58,357 under the new 5.75% promotional rate, compared to about P61,572 under the previous 6.25% rate, or savings of around P3,215 per month.

“We know that buying a home is one of the biggest and most important decisions a family will make,” Acosta said. “By lowering our three-year fixed rates from 6.25% to as low as 4.5%, we are helping our members save on their monthly amortization during the first three years of their loan. These savings can help families manage their daily needs, or even be set aside in their Pag-IBIG Regular Savings or MP2 Savings so they can better prepare for the future while taking the important step toward owning a home.”

Qualified members may avail of the promotional rates for Pag-IBIG Housing Loan and Pag-IBIG Acquired Assets Long-Term Installment Payment applications received until Dec. 31, 2026.

“Affordable home financing and saving for the future are at the heart of Pag-IBIG Fund’s mandates, and we know that our members have different needs, incomes and capacities,” Acosta said.

“That is why we continue to offer programs that respond to them, from the 3% subsidized rate for eligible socialized housing borrowers, to expanded financing of up to P10 million, and now these promotional rates for members buying homes above the socialized housing ceiling. Our goal is to make homeownership more affordable for more Filipino workers, while helping them keep more of their hard-earned money for their savings, their families, and their future.” – Rappler.com