AllAll Active Pag-IBIG membersActive Pag-IBIG members with :with :

at least at least 24 months contributions24 months contributions

not more than 65 years old not more than 65 years old at theat thedate of loan application, insurable date of loan application, insurable and and is not more than 70 years old is not more than 70 years old at the at the date of loan maturitydate of loan maturity

legal capacity to acquire legal capacity to acquire and and encumber real propertyencumber real property

MustMust also have: also have: No outstanding No outstanding Pag-IBIG housing loanPag-IBIG housing loan

No Pag-IBIG housing loanNo Pag-IBIG housing loan foreclosed, foreclosed, cancelled, bought back, or voluntarily surrenderedcancelled, bought back, or voluntarily surrendered

If with existing Pag-IBIG If with existing Pag-IBIG Multi Purpose LoanMulti Purpose Loan ( (MPLMPL), payments ), payments should be updated upon Housing Loan should be updated upon Housing Loan applicationapplication

MONTHLY CONTRIBUTION LOAN ENTITLEMENT

P200 Up to 500T

P250 Over 500T – 600T

P350 Over 700T – 800T

P450 Over 900T – 1.0M

P700 Over 1.4M – 1.5M

P950 Over 1.9M – 2.0M

P1,450 Over 2.9M – 3.0M

P1,950 Over 3.9M – 4.0M

P2,450 Over 4.9M – 5.0M

P2,950 Over 5.9M – 6.0M

Purchase of residential lot Purchase of residential lot or adjoining lots or adjoining lots (max 1,000 sq.m.; min 28 sq.m.)(max 1,000 sq.m.; min 28 sq.m.)

Purchase of house & lot, townhouse or Purchase of house & lot, townhouse or condominium unitcondominium unit (adjoining units)(adjoining units)

Construction of houseConstruction of house

Improvement of houseImprovement of house

Refinancing of an existing loanRefinancing of an existing loan

Lot purchase Lot purchase withwith house construction house construction

Purchase of residential unit Purchase of residential unit withwith home improvementhome improvement

Refinancing Refinancing withwith home improvement or home improvement or house constructionhouse construction

Shall be based Shall be based on the on the

lowestlowest of of the following:the following:

Actual NeedActual Need

Capacity to PayCapacity to Pay

Loan-to-Appraisal Value RatioLoan-to-Appraisal Value Ratio

PhP 6MPhP 6MMaximum Loan AmountMaximum Loan Amount

PRU: PRU: Selling PriceSelling Price

House Construction: House Construction: Total Construction CostTotal Construction Cost

RefinancingRefinancing: Outstanding Balance: Outstanding Balance

Actual NeedActual Need

35% of your Gross Monthly Income, for loans up 35% of your Gross Monthly Income, for loans up to P1,250,000 to P1,250,000

30% of your Gross Monthly Income, for loans over 30% of your Gross Monthly Income, for loans over P1,250,000P1,250,000

Capacity to PayCapacity to Pay

Tacking Provision:Tacking Provision:Maximum of Maximum of three (3) three (3) qualified Pag-IBIG membersqualified Pag-IBIG members

Capacity to PayCapacity to Pay

LOAN AMOUNT PERCENTAGE ON APPRAISALUp to 1.250M 90%90%Ex. Selling Price : 500,000 Capacity to Pay: P500,000

Appraisal is P500,000 x 90% = PhP 450,000PhP 450,000

Loanable Amount is PhP 450,000Loanable Amount is PhP 450,000Over P1.25M to P6M 80%80%Ex. Selling Price : P2M Capacity to Pay: P3M

Appraisal is P2M x 80% = PhP 1.6MPhP 1.6M

Loanable Amount is PhP 1.6MLoanable Amount is PhP 1.6M

Loan to Appraisal Value RatioLoan to Appraisal Value Ratio

Loan Amount

Indicative Rates per Re-Pricing Period

3-YrFixing

5-YrFixing

10-YrFixing

15-YrFixing

30-YrFixing

Up to P6M

7.985% 8.985% 10% 10.75% 12.25%

Loan Amount

3 -Yr 5-Yr 10-Yr 15-Yr 30-Yr

7.985% 8.985% 10.000% 10.75% 12.25%

400,000 2,930.88 3,214.17 3,510.29

3,733.93 4,191.59

750,000 5,495.39 6,026.58 6,581.79

7,001.11 7,859.22

1,000,000 7,327.19 8,035.44 8,775.72

9,334.81 10,478.96

1,250,000 9,158.99 10,044.29 10,969.64

11,668.52 13,098.71

2,000,000 14,654.38 16,070.87 17,551.43

18,669.63 20,957.93

3,000,000 21,981.57 24,106.31 26,327.15

28,004.44 31,436.89

4,000,000 29,308.77 32,141.74 35,102.86

37,339.25 41,915.86

5,000,000 36,635.96 40,177.18 43,878.58

46,674.07 52,394.82

6,000,000 43,963.15 48,212.61 52,654.29

56,008.88 62,873.79

Loan Amount

3-Yr 5-Yr 10-Yr 15-Yr 30-Yr

7.985% 8.985% 10.000% 10.75% 12.25%

400,000 8,373.93 9,183.35 10,029.39 10,668.36 11,975.96

750,000 15,701.12 17,218.79 18,805.11 20,003.17 22,454.92

1,000,000 20,934.83 22,958.39 25,073.47 26,670.90 29,939.90

1,250,000 26,168.54 28,697.98 31,341.84 33,338.62 37,424.87

2,000,000 48,847.94 53,569.57 58,504.77 62,232.09 69,859.76

3,000,000 73,271.92 80,354.36 87,757.16 93,348.14 104,789.64

4,000,000 97,695.89 107,139.14 117,009.54 124,464.18 139,719.52

5,000,000 122,119.86 133,923.93 146,261.93 155,580.23 174,649.41

6,000,000 146,543.83 160,708.71 175,514.31 186,696.27 209,579.29

Principal borrowerPrincipal borrower’’s age shall not exceed s age shall not exceed 70 70 years old at date of loan maturityyears old at date of loan maturity

30 Years30 YearsMaximum Maximum

of up toof up to provided that: provided that:

MonthlyMonthly amortization amortization shall start exactlyshall start exactly one (1) month from the DV/ Check Date.one (1) month from the DV/ Check Date.

DV/ Check Date First Amortization

Date

Regular Amortization

Schedule

16 July 2012 16 August 2012 Every 16th of the month

FailureFailure to pay THREE (3) consecutive months to pay THREE (3) consecutive months contribution and amortizationcontribution and amortization

Outstanding loan shall be Outstanding loan shall be due and demandabledue and demandable

Shall constitute a Shall constitute a lien on the memberlien on the member’’s contributionss contributions

Account shall be endorsed forAccount shall be endorsed for foreclosureforeclosure

MortgageMortgage Redemption InsuranceRedemption Insurance Principal borrower and his co-borrowers Principal borrower and his co-borrowers

shall each be covered by the MRI shall each be covered by the MRI to the to the extent of their individual loan entitlementsextent of their individual loan entitlements

Fire & Allied Perils InsuranceFire & Allied Perils Insurance

Fees to be paid upon filing:Fees to be paid upon filing:

PhP1,000 Processing Fee PhP1,000 Processing Fee

Fees deducted from Loan Proceeds:Fees deducted from Loan Proceeds:

PhP2,000 Processing Fee Balance PhP2,000 Processing Fee Balance

One-year InsuranceOne-year InsurancePremiumPremium

Application StageApplication Stage Processing TimeProcessing Time

1st - Loan Application1st - Loan Application2nd - Loan Release2nd - Loan Release

15 working days15 working days5 working days5 working days

Less than 28 sqm lot areaLess than 28 sqm lot area

Less than 18 sqm condominium floor Less than 18 sqm condominium floor areaarea

Title under the name/s of deceased Title under the name/s of deceased owner/sowner/s

Title with liens/ encumbrance/s (Sec 7 Title with liens/ encumbrance/s (Sec 7 of RA 26)of RA 26)

Free Patent Title not covered by RA Free Patent Title not covered by RA 1002310023

Title with disputes, claims in the courtTitle with disputes, claims in the court

Married individuals not legally separated Married individuals not legally separated and cannot secure marital consent or and cannot secure marital consent or Special Power of Attorney (SPA) from Special Power of Attorney (SPA) from spousespouse

Properties with road right of way less than Properties with road right of way less than 1.5 meters1.5 meters

Land types classified other than Residential Land types classified other than Residential UseUse

Properties with Properties with ““RightsRights”” instead of instead of ““TitlesTitles”” as proof of ownershipas proof of ownership

Business Development GroupBusiness Development Group11th Floor of the Emar Suites Building

409 Shaw Boulevard, Mandaluyong CityTel. No. 654-9211

Email:radelapaz@pagibigfund.gov.ph

Visit our Website atwww.pagibigfund.gov.ph