Thursday, August 7, 2014

Pag - ibig Fund



Pag - ibig offers a convenient way to finance a housing loan for filipinos. This write up will somehow give you a guide of how much can you borrow from Pag - ibig Fund. The video gives an overall view of the amount available while the succeeding tables provide specific guides based on monthly contributions and loan amount.







In table format, shown below is the required monthly contribution from a borrower  and the corresponding loan available for a house.

Required Contribution

Here is a table  of gross monthly income required  for a pag - ibig loan. Say for 30 years amortization period of P 500,000.00 Loan Value, the required Gross Monthly Income Required is around
P 10,467.43.

Gross Monthly Income Required

Good luck on your housing loan application.

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