Mortgage Calculator Philippines

These are the regular fixed rates behind the lender presets above. Use them as a starting point for your home loan calculator run, not as an offer: your own rate depends on your profile, loan size and fixing period. Pag-IBIG also has promo rates of 4.5% and 5.75% for 2026 applications.

PNB, RCBC, and Landbank are market estimates because we could not verify a current published rate sheet. Rates change often and promos close without notice. The bank or fund quote you receive in writing always prevails. Sources: Pag-IBIG promo (Philstar), BPI, BDO, Metrobank, Security Bank and a bank comparison guide. Our home loan guide for 2027 shows how to compare offers.

Banks and Pag-IBIG use the standard level-payment formula. You pay the same amount every month, and each payment is split between interest and principal. Early payments are mostly interest, later ones mostly principal. Our guide to the mortgage calculator in the Philippines walks through it in more detail.

M = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)

M is the monthly payment, P the loan amount, r the monthly interest rate (the yearly rate divided by 12) and n the number of monthly payments (years × 12). Worked example:

1. A ₱5,000,000 home with 20% down (₱1,000,000) leaves a loan P of ₱4,000,000.
2. At 7.5% a year, r = 0.075 ÷ 12 = 0.00625. Over 20 years, n = 240.
3. (1 + r)ⁿ = 1.00625²⁴⁰ ≈ 4.4608.
4. M = ₱4,000,000 × 0.00625 × 4.4608 ÷ (4.4608 − 1) ≈ ₱32,224 a month.
5. Across 240 payments you repay ₱7,733,695, so total interest is ₱3,733,695, about 93 centavos of interest for every peso borrowed.

Four inputs move the number: the loan amount, the interest rate, the term and the down payment. The term is the one people underestimate. On the same ₱4,000,000 loan at 7.5%:

• 15 years: ₱37,080 a month, ₱2,674,489 total interest
• 20 years: ₱32,224 a month, ₱3,733,695 total interest
• 25 years: ₱29,560 a month, ₱4,867,894 total interest
• 30 years: ₱27,969 a month, ₱6,068,689 total interest

Stretching from 15 to 30 years lowers the payment by about ₱9,112 a month but adds roughly ₱3,394,200 in interest. Rate matters too: one extra percentage point adds about ₱2,489 a month on this loan. Fees such as processing, appraisal, notarial, mortgage redemption insurance and fire insurance are not part of the amortization, so budget for them separately.

Loan-to-value (LTV) is the loan divided by the appraised value of the property. A ₱1,000,000 down payment on a ₱5,000,000 home gives an 80% LTV. Banks commonly finance up to 80% of the appraised value, and some go to 90% for strong borrowers, so plan on 10% to 20% down. If the appraisal comes in below the selling price, you cover the gap.

Pag-IBIG can finance a larger share for qualified members within its ₱10 million cap. On pre-selling units the down payment is often paid in installments before the bank loan starts. Our home loan guide for 2027 explains the sequence.

Most Philippine bank loans are not fixed for the whole term. The bank locks your rate for a fixing period, commonly 1, 3 or 5 years. When it ends, the bank reprices the loan using the formula in your loan documents and recomputes your payment over the remaining months.

A short fixing period usually starts cheaper but resets sooner. A longer one costs more at the start and gives you more certainty. Promo rates often carry a lock-in period, so check the early-payment terms. To see the effect, switch on the rate reset in the calculator and enter a higher rate for the years after the fixing period.

This page is not BPI's official calculator, and Sabahay is not affiliated with BPI. It is an independent estimator you can set up to approximate a BPI housing loan. BPI quotes rates by fixing period, so model it in four steps:

1. Choose BPI in the lender presets and pick the 1-, 3- or 5-year fixed rate.
2. Set the term. BPI's housing loans run for up to 30 years (20 under All-In Financing).
3. Turn on the rate reset and match the fixing period to the rate you picked, then enter your own guess for the rate after the reset.
4. Read the payment for the fixing period and the payment that follows, then compare both with BPI's written computation.

For a longer walkthrough, see our BPI home loan calculator guide.

Pag-IBIG Fund's housing loan is open to members with enough monthly contributions (current guides say 24). As of October 2026 it has promo rates of 4.5% for loans up to ₱4.9 million and 5.75% for loans above that up to ₱10 million, both fixed for 3 years for applications until December 31, 2026. Terms go up to 30years. The promo also covers Pag-IBIG's acquired assets on long-term installment, so it applies to Pag-IBIG foreclosed properties.

Banks accept non-members and lend above the Pag-IBIG cap, but charge higher rates and usually offer terms of 20 to 30 years (BPI up to 30; BDO 15 for condos). Run both in the calculator with the same price, down payment and term, then read the Pag-IBIG housing loan guide for 2027 to check you qualify.

Lenders test whether the monthly amortization fits your income. Pag-IBIG caps the monthly amortization at 35% of gross monthly income (Circular 402). Banks set their own limits, commonly 30% to 40% of gross income after existing debts.

Turn the rule around: required income = payment ÷ the share of income. For the ₱32,224 payment above that is ₱92,068 a month at 35%, or ₱80,559 at 40%. Existing debts such as car loans and credit cards count against the ratio, and co-borrowers can usually combine incomes. Once you know your budget, browse homes for sale in the Philippines and filter by price.

Here is the yearly schedule for the example loan of ₱4,000,000 at 7.5% over 20 years. In year 1, ₱296,957 of the ₱386,685 you pay goes to interest. By year 20, only ₱15,261 does. Use the schedule toggle in the calculator to see every month of your own loan.

• Mortgage calculator Philippines, explainedThe formula, step by step.
• Home loan calculator guideCompare lenders like for like.
• BPI home loan calculator guideModel a BPI fixing period.
• Home loan Philippines guide for 2027Requirements, rates, process.
• Pag-IBIG housing loan guide for 2027Who qualifies and how much.
• Pag-IBIG foreclosed propertiesAcquired assets with Pag-IBIG financing.

Ready to look at actual homes? Browse properties for sale on Sabahay and test their prices in the calculator.