Pag-ibig Factor Rate Table

The loan seeks to provide immediate financial assistance to help members recover from the effects of such calamity. Hence from 3 in 2020 expect the rate to increase to 35 of the members monthly income in 2021.

Lower Pag Ibig Housing Loan Rates Starting June 1 2015 Under End User Financing Program

What would be the amortization factor you will use to compute for the monthly amortization.

Pag-ibig factor rate table. To help you land on more accurate contributions we have provided the latest contribution table below. And 5 in 2024 and 2025. This means that the employee and employer will both share P100.

Maximum deductible amount for Pag-IBIG. Step 1 Find the corresponding amortization factor for a 20 year term at 75 annual interest rate. First let us compute for the Monthly Interest Rate I and the Loan payment term in Months M I Annual Interest rate12 1212 1.

To Download the PDF File of this Factor Rate Table please click here. M 10 years x 12 monthsyear 120 months. The monthly amortization would be equal to Loan Amount x Amortization Factor.

To simplify the computation of the monthly amortization if a member applies for a loan amounting to Php100 000 payable for 1 year he or she would pay Php8 72125 every month within 1 year. For example you are applying for a loan worth Php 300000. The maximum Pagibig Contribution monthly compensation allowed to compute each employees Pagibig contribution is currently set at P5000.

The fund that you will get from housing loan can be used for buying a new house refurbishing an existing one and funding other needs. And you would like to lock-in the interest rates to 3 Years which has 6375 and you. So how you should be able to calculate for your Monthly Amortization.

5 37500 100 000 105 37500. Computation of PAG-IBIG Monthly Amortization Using the above factor rates table well use 732719 for term of 30 years at repricing ratefirst 3 years at fixed rate then rep-ricing afterwards then divided by per 1000. PhilHealth contribution table in 2021 for employees and employers.

It comes at a low interest rate of 595 per annum. Pag-IBIG Contribution Table for 2021. Interest Rate.

960000 this is Price 1200000 less Down Payment of 240000 For 15-Year Mortgage the Factor Rate 000984740. If you are planning to be a member in 2021 then basing on the Pag-IBIG contribution table 2019 or Pag-IBIG contribution table 2020 can only bring more confusion. PAGIBIG Housing Loan Rates in 2020 As you can see the rates are relatively cheaper and competitive compared to those offered by Philippine banks.

Please be guided by the formula above and the interest rates of Pag-IBIG Housing Loan shown below. The amortization factor is 00080559319 see row for 20 years and column for 75 of table 7 to 875 Step 2 Compute for the monthly amortization. The Pag-IBIG Fund Calamity Loan is a cash loan facility to assist Pag-IBIG Fund members who reside in areas declared under a state of calamity and are affected by such disasters.

Every year the Pag-IBIG update its table for a flexible and affordable payment schemes. From the case in point and looking at the Factor Rates shown at the Table we can gather the following. Loan Amount 100 000 x 5375 5 37500.

Now we can compute for amortization factor using the formula above. 960000 this is Price 1200000 less Down Payment of 240000 For 15-Year Mortgage the Factor Rate 000984740. P5000 x 002 P100.

However you may voluntarily increase the monthly contributions if you plan to loan higher amounts from Pag-IBIG. From the case in point and looking at the Factor Rates shown at the Table we can gather the following. Hope this helps you.

While most local banks offer housing loan interest rates from 6-8 for 1-year repricing PAGIBIG indeed stands out with their ultra-low 4985 interest rate per year but with 1-year repricing. Please be guided by the formula above and the interest rates of Pag-IBIG Housing Loan shown below. Monthly Amortization P 2783379 per month for 10 years.

Pricing Period 1 year. 2 rida To compute how much you have to pay as an employee or employer use the Pag-IBIG contribution. 00139168947 10 years 1125 Monthly Amortization Loanable Amount X Factor Rate P2000000 X 00139168947.

P5000 002 P100 If you are earning more than 5000 pesos every month you are automatically deducted P100 100 from your employer. This 2019 the Pag-IBIG Housing Loan Interest Rates based on Fixed Pricing Period is. P100 Regardless of how much your salary is the maximum income Pag-IBIG will consider for mandatory deductions will always be P5000.

YEARS 7 TO 12 INTEREST RATES 5 TO 15 YEARS 13 TO 18 INTEREST RATES 5 TO 15 YEARS 19 TO 24 INTEREST RATES 5 TO 15 YEARS 25 TO 30 INTEREST RATES 5 TO 15 Ill be sending the next batch of Factor Rates in the blog. The rate will increase by increments of 05 every year until it caps off at 5 the maximum limit allowed by the law in 2025. Recently the Pag-IBIG Fund had released the latest table for the monthly amortization and computations.

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