Pag-IBIG retains 3% rate on low-cost housing loans

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January 8, 2026 | 12:00am

MANILA, Philippines — State-run Home Development Mutual Fund, or Pag-IBIG Fund, has retained its subsidized three percent housing loan rate under the Expanded Pambansang Pabahay para sa Pilipino (4PH) program, keeping monthly amortizations low for borrowers.

Even as higher price ceilings aim to improve the quality of socialized housing, Pag-IBIG CEO Marilene Acosta said their solid fiscal standing enables the continued provision of subsidized rates under the Expanded 4PH, helping members pursue homeownership.

The maximum selling price for socialized house-and-lot units has been raised to P844,440 for units measuring 24 to 26 square meters, and to P950,000 for units 27 square meters and larger.

Price ceilings for socialized condominium projects were also revised based on building classification and unit size, with maximum selling prices reaching up to P1.8 million for developments above five floors and units measuring 27 square meters or more.

Eligible socialized condominium projects in the National Capital Region and other highly urbanized cities may include additional costs of up to P200,000 based on zonal value, raising the maximum selling price for certain units to P2 million.

“Under the Pag-IBIG Housing Loan for the Expanded 4PH, qualified members may avail themselves of loans at a subsidized three percent interest rate for the first five years of the loan, extendible for another five years for qualified borrowers,” the fund said.

Pag-IBIG said monthly payments drop to around P4,005 for house-and-lot units priced up to P950,000, and about P8,432 for condominium units costing up to P2 million.

“Through the agency’s Early Bird Promo, the first 30,000 qualified borrowers may enjoy the subsidized rate for the first 10 years of the loan,” it said.