The Pag-IBIG Fund is continuing to offer lower housing loan rates and has increased its maximum loan amount to ₱10 million to make homeownership more affordable for Filipino workers under the Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.
The agency said eligible socialized housing borrowers may avail of a subsidized interest rate of 3% per annum, while qualified members applying for low-cost to open-market housing loans can access promotional rates of 4.5% and 5.75%.
Department of Human Settlements and Urban Development Secretary Jose Ramon Aliling, who also chairs the Pag-IBIG Board of Trustees, said the lower rates aim to reduce monthly amortization for borrowers across different income levels, from minimum-wage earners to middle-income workers.
Under the program, eligible borrowers may finance a socialized housing unit worth up to ₱950,000 at the 3% subsidized rate, with monthly payments starting at around ₱4,005. Loans above the socialized housing threshold up to ₱4.9 million qualify for the 4.5% promotional rate, while loans exceeding ₱4.9 million up to ₱10 million are eligible for the 5.75% rate.
Aliling said the initiative not only helps more Filipinos qualify for housing loans but also supports the broader economy by stimulating demand in the housing sector and generating jobs in construction and related industries.
The agency said the promotional rates also provide borrowers with more affordable monthly payments amid expectations that commercial housing loan rates could increase following recent benchmark rate adjustments.
Pag-IBIG Chief Executive Officer Marilene Acosta attributed the agency’s below-market lending rates to its strong financial performance and prudent fund management.
According to Pag-IBIG, members saved ₱90.24 billion during the first five months of 2026, while the agency released ₱55.26 billion in housing loans, financing 34,641 homes.
Acosta said the agency’s strong financial position enables it to continue offering affordable home financing while protecting members’ savings and providing competitive returns.
