We provide a home loan calculator to help you estimate monthly payments, understand affordability, and plan your budget with clarity.
* This calculator is for estimation purposes only. Actual rates may vary.
Insights on Bank & Pag‑IBIG Home Loans
Maximum Loanable Amount: Banks typically lend 70–80% of the assessed house-and-lot value.
Fixing Period: The timeframe during which your interest rate remains fixed before repricing.
Choosing a 1‑year fixing period locks your rate for one year, then resets according to BSP benchmarks.
Cash & Equity Requirements
Bank loans release in tranches (20%, 30%, 40%), under-assess by ~5%, and take ~2 weeks each—necessitating ~40% equity overall.
- First tranche (20%) often needs an extra 10% equity above lot value.
- Under‑assessment (≈5%) increases cash required.
- Two‑week release delay demands ~7.5% additional funds to continue work.
In total, prepare at least 40% cash or equity to secure and sustain all loan tranches.