Pag-IBIG Fund said it shall maintain its 3% annual interest rate for qualified socialized
housing loans under the Expanded Pambansang Pabahay para sa Pilipino Program,
keeping homeownership affordable at a time when the conflict in the Middle East
continues to unsettle global oil markets and drive volatility in oil prices.
The move supports President Ferdinand R. Marcos Jr.’s direction to keep decent and
affordable housing within reach of Filipino workers, especially those from the low and
moderate income sectors seeking to achieve homeownership.
“In keeping with the directive of President Ferdinand R. Marcos Jr., Pag-IBIG Fund
shall maintain the 3% interest rate for qualified socialized housing loans under the
Expanded 4PH so that more Filipino workers can continue to pursue homeownership
even during a time of global uncertainty,” said Department of Human Settlements and
Urban Development Secretary Jose Ramon P. Aliling, who chairs the Pag-IBIG Fund
Board of Trustees. “By keeping monthly amortizations low, we are helping more
working families secure a home of their own while supporting sustained housing
production and the jobs it generates, in step with broader national efforts to keep the
economy stable.”
Under the program, first-time homebuyers, particularly those earning less than
₱47,856 per month in the National Capital Region and less than ₱34,686 outside NCR,
may qualify for the subsidized 3% rate for the first five years of the loan term. All
overseas Filipino workers, regardless of income, may also qualify. Separately, under
Pag-IBIG Fund’s Early Bird Promo, the first 30,000 qualified borrowers may enjoy the
same 3% rate for the first 10 years of their housing loan, allowing them to save more
and benefit from affordable and predictable monthly amortizations for a longer period.
The loan may be used to purchase socialized house-and-lot and condominium units
priced at up to ₱950,000 and ₱1.8 million, respectively. It also provides up to ₱100,000
in additional financing for home improvements, such as utility connections and home
fixtures, and carries a 100% loan-to-value ratio, meaning no cash equity is required. At
these terms, monthly amortization is about ₱4,005 for a house-and-lot unit worth up to
₱950,000 and about ₱7,589 for a condominium unit worth up to ₱1.8 million, amounts
that are lower than the cost of monthly rent. In addition, eligible borrowers may further
benefit from additional subsidy provided by the national government, which may bring
down the annual interest rate to as low as 1% and make monthly payments even
lower.
Meanwhile, Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta said
maintaining the 3% rate reflects Pag-IBIG Fund’s strong fiscal standing and its
continuing commitment to carry out President Marcos’ housing agenda in a way that
keeps homeownership within reach of working Filipino families.
“We continue to heed the direction of President Marcos in helping uplift the lives of
Filipino workers by keeping homeownership affordable for those who need it most,”
Acosta said. “Our strong fiscal standing allows Pag-IBIG Fund to keep the subsidized
3% rate in place so more working Filipinos can continue pursuing homeownership
under the Expanded 4PH.”
Acosta added that, beyond keeping loan rates low, Pag-IBIG Fund is also making it
easier and less costly for members to look for a home through regional housing fairs
that bring together quality housing units available for sale, partner developers, and
Pag-IBIG Fund financing support in one venue. Earlier this year, Pag-IBIG Fund
launched its series of regional housing fairs through the Central Luzon Housing Fair. It
is set to hold similar fairs in South Luzon, the Visayas, Mindanao, and the National
Capital Region in the coming weeks. The Central Luzon fair gathered over 40
developers, financing institutions, and government agencies in one venue and
provided on-site assistance for loan applications.
“Through these regional housing fairs, we are making it easier and less costly for
members to find a home by bringing quality housing units available for sale, partner
developers, and Pag-IBIG Fund financing together in one place,” Acosta said. “That is
how Pag-IBIG Fund will continue providing more Filipino families with practical
pathways to homeownership, turning affordable financing into real opportunities to own
a home.”
Pag-IBIG Fund’s capacity to sustain this support is backed by its record housing loan
performance in 2025, when it released ₱140.54 billion in housing loans benefiting
90,727 Filipino workers and their families, reflecting both the strength of its finances
and its continued ability to help more members achieve homeownership.
