How Much House Can I Afford?
Enter your salary in any currency. See your buying power in Philippine Pesos based on Pag-IBIG's 35% debt-to-income limit.
The repricing period is how long your rate stays fixed. It sets the rate you pay now. It does not shorten the loan.
Car loans, credit cards and other amortizations reduce the payment Pag-IBIG will allow.
Estimated property price you can carry
Rates are estimates. Check with your bank for exact conversion.
How This Calculator Works
This calculator estimates how much property you can afford based on your income and Pag-IBIG's lending rules:
- 35% DTI Rule
- Your monthly loan payment cannot exceed 35% of your gross monthly income
- Currency Conversion
- We convert your foreign salary to PHP using approximate exchange rates
- Pag-IBIG Rates
- We use 2026 Pag-IBIG interest rates based on your chosen repricing period. The loan term sets how long you pay, the repricing period sets the rate
- LTV Limits
- 95% financing for properties under P2.5M, 90% for properties over P2.5M
This calculator provides estimates only. Actual loan approval depends on Pag-IBIG assessment of your income documents, contribution history, and other factors.
2026 Pag-IBIG Rates Used
| Repricing Period | Interest Rate | Best For |
|---|---|---|
| 1 year | 5.75% | Lowest rate available, if you can absorb a repricing every year |
| 3 years | 6.25% | A short horizon, where you expect to refinance or sell |
| 5 years | 6.50% | A balance between a low rate and a stable window |
| 10 years | 7.125% | Mid-term certainty without paying the longest-term premium |
| 15 years | 7.75% | Steady payments through most of the loan |
| 20 years | 8.50% | The common OFW choice: fixed long enough to plan around |
| 25 years | 9.125% | A rate locked past the point most loans are paid off |
| 30 years | 9.75% | Total certainty for the whole loan, at the highest rate |
What is repricing period?
Repricing period is how long your interest rate stays fixed. After this period ends, your rate may adjust based on market conditions. Shorter periods (1-3 years) have lower rates but may change sooner. Longer periods (20-30 years) have higher rates but stay fixed for the full loan term. For OFWs who want stable payments, longer repricing periods offer more predictability.
Why is my affordable amount lower than I expected?
Pag-IBIG limits your monthly payment to 35% of gross income. This protects you from over-borrowing. Bank loans may allow higher DTI (up to 40%), but come with higher interest rates.
Are the exchange rates accurate?
We use approximate rates that are updated periodically. For exact conversion, check with your bank. You can also manually adjust the PHP equivalent in the calculator.
What if I have existing debts?
This calculator assumes no existing debts. If you have car loans, credit cards, or other obligations, your actual affordability will be lower. Pag-IBIG considers total debt, not just the housing loan.
Can I afford more with a bank loan?
Possibly, since some banks allow up to 40% DTI. However, bank interest rates are typically higher (7.5-9.5% vs 5.75-9.75% for Pag-IBIG). Use our comparison tool to see which is better for you.
What's the maximum Pag-IBIG loan?
P6,000,000 as of 2026, regardless of income. If you can afford more, you'll need bank financing or a combination of both.
Can I use my overseas income for loan qualification?
Yes. For Pag-IBIG, you need an authenticated employment contract and proof of income from abroad. Banks also accept OFW income with proper documentation including payslips, employment contract, and remittance records. Your foreign income is converted to PHP for loan computation.
How often are exchange rates updated in this calculator?
Exchange rates are updated periodically but may not reflect real-time market rates. For exact conversion on the day you apply for a loan, check with your bank or remittance provider. The calculator is designed to give you a reliable estimate for planning purposes.