Home Loan Calculator (Philippines)
Estimate the monthly amortization on a bank or Pag-IBIG housing loan, plus the total interest over the term.
Compute your monthly amortization
| Loan amount | |
|---|---|
| Total interest | |
| Total amount payable |
Estimate only. Diminishing uses your annual rate (standard for home and most bank loans). Add-on / flat uses a monthly rate and charges interest on the full amount the whole term — it looks cheaper than it is, so the same number as a diminishing rate would cost much more. Actual loans include fees and insurance not shown here.
How home loan payments work
Home loans are amortized (diminishing balance): each month you pay interest on the remaining balance plus a bit of principal, in equal monthly payments. Early payments are mostly interest; later ones are mostly principal. A longer term lowers the monthly payment but raises the total interest a lot.
Bank vs Pag-IBIG housing loan
- Pag-IBIG housing loan — for members; rates depend on the fixing period you choose, and the loanable amount depends on your contributions and capacity.
- Bank home loan — rates and terms vary by bank and how long you fix the rate.
Rates change often — confirm the current rate with the lender, then plug it in above.
Curious how much house you can afford? Start from your net pay with the Take-Home Pay Calculator, and compare a personal loan if you're weighing options.
Last updated: 2026-06-28. Estimate only; excludes fees, insurance (MRI), and processing costs. Confirm actual rates and terms with your bank or Pag-IBIG. Not financial advice.