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Home Loan Calculator Philippines

Estimate monthly home loan amortization using diminishing balance method commonly used by banks and Pag-IBIG housing programs.

Calculator

Results

Computation Method

Diminishing Balance (Amortized)

Loan Amount

₱2,500,000.00

Annual Interest Rate

7.00%

Loan Term

20 year(s)

Monthly Amortization

₱19,382.47

Total Interest Paid

₱2,151,792.80

Total Payment

₱4,651,792.80

Estimates are for planning only. Please confirm final amounts using official agency tables or your payroll/accounting team.

Full Amortization Table

Method: Diminishing Balance (Amortized)

MonthPaymentPrincipalInterestBalance
1₱19,382.47₱4,799.14₱14,583.33₱2,495,200.86
2₱19,382.47₱4,827.14₱14,555.34₱2,490,373.72
3₱19,382.47₱4,855.29₱14,527.18₱2,485,518.43
4₱19,382.47₱4,883.62₱14,498.86₱2,480,634.82
5₱19,382.47₱4,912.10₱14,470.37₱2,475,722.71
6₱19,382.47₱4,940.76₱14,441.72₱2,470,781.95
7₱19,382.47₱4,969.58₱14,412.89₱2,465,812.38
8₱19,382.47₱4,998.57₱14,383.91₱2,460,813.81
9₱19,382.47₱5,027.73₱14,354.75₱2,455,786.08
10₱19,382.47₱5,057.05₱14,325.42₱2,450,729.03
11₱19,382.47₱5,086.55₱14,295.92₱2,445,642.47
12₱19,382.47₱5,116.23₱14,266.25₱2,440,526.25
13₱19,382.47₱5,146.07₱14,236.40₱2,435,380.18
14₱19,382.47₱5,176.09₱14,206.38₱2,430,204.09
15₱19,382.47₱5,206.28₱14,176.19₱2,424,997.81
16₱19,382.47₱5,236.65₱14,145.82₱2,419,761.15
17₱19,382.47₱5,267.20₱14,115.27₱2,414,493.95
18₱19,382.47₱5,297.93₱14,084.55₱2,409,196.03
19₱19,382.47₱5,328.83₱14,053.64₱2,403,867.20
20₱19,382.47₱5,359.91₱14,022.56₱2,398,507.28
21₱19,382.47₱5,391.18₱13,991.29₱2,393,116.10
22₱19,382.47₱5,422.63₱13,959.84₱2,387,693.47
23₱19,382.47₱5,454.26₱13,928.21₱2,382,239.21
24₱19,382.47₱5,486.08₱13,896.40₱2,376,753.13
25₱19,382.47₱5,518.08₱13,864.39₱2,371,235.05
26₱19,382.47₱5,550.27₱13,832.20₱2,365,684.78
27₱19,382.47₱5,582.65₱13,799.83₱2,360,102.14
28₱19,382.47₱5,615.21₱13,767.26₱2,354,486.93
29₱19,382.47₱5,647.97₱13,734.51₱2,348,838.96
30₱19,382.47₱5,680.91₱13,701.56₱2,343,158.05
31₱19,382.47₱5,714.05₱13,668.42₱2,337,444.00
32₱19,382.47₱5,747.38₱13,635.09₱2,331,696.61
33₱19,382.47₱5,780.91₱13,601.56₱2,325,915.70
34₱19,382.47₱5,814.63₱13,567.84₱2,320,101.07
35₱19,382.47₱5,848.55₱13,533.92₱2,314,252.52
36₱19,382.47₱5,882.67₱13,499.81₱2,308,369.85
37₱19,382.47₱5,916.98₱13,465.49₱2,302,452.87
38₱19,382.47₱5,951.50₱13,430.98₱2,296,501.37
39₱19,382.47₱5,986.22₱13,396.26₱2,290,515.16
40₱19,382.47₱6,021.13₱13,361.34₱2,284,494.02
41₱19,382.47₱6,056.26₱13,326.22₱2,278,437.76
42₱19,382.47₱6,091.59₱13,290.89₱2,272,346.18
43₱19,382.47₱6,127.12₱13,255.35₱2,266,219.06
44₱19,382.47₱6,162.86₱13,219.61₱2,260,056.20
45₱19,382.47₱6,198.81₱13,183.66₱2,253,857.38
46₱19,382.47₱6,234.97₱13,147.50₱2,247,622.41
47₱19,382.47₱6,271.34₱13,111.13₱2,241,351.07
48₱19,382.47₱6,307.93₱13,074.55₱2,235,043.14
49₱19,382.47₱6,344.72₱13,037.75₱2,228,698.42
50₱19,382.47₱6,381.73₱13,000.74₱2,222,316.69
51₱19,382.47₱6,418.96₱12,963.51₱2,215,897.73
52₱19,382.47₱6,456.40₱12,926.07₱2,209,441.33
53₱19,382.47₱6,494.07₱12,888.41₱2,202,947.26
54₱19,382.47₱6,531.95₱12,850.53₱2,196,415.31
55₱19,382.47₱6,570.05₱12,812.42₱2,189,845.26
56₱19,382.47₱6,608.38₱12,774.10₱2,183,236.89
57₱19,382.47₱6,646.92₱12,735.55₱2,176,589.96
58₱19,382.47₱6,685.70₱12,696.77₱2,169,904.26
59₱19,382.47₱6,724.70₱12,657.77₱2,163,179.56
60₱19,382.47₱6,763.93₱12,618.55₱2,156,415.64
61₱19,382.47₱6,803.38₱12,579.09₱2,149,612.26
62₱19,382.47₱6,843.07₱12,539.40₱2,142,769.19
63₱19,382.47₱6,882.99₱12,499.49₱2,135,886.20
64₱19,382.47₱6,923.14₱12,459.34₱2,128,963.06
65₱19,382.47₱6,963.52₱12,418.95₱2,121,999.54
66₱19,382.47₱7,004.14₱12,378.33₱2,114,995.40
67₱19,382.47₱7,045.00₱12,337.47₱2,107,950.40
68₱19,382.47₱7,086.10₱12,296.38₱2,100,864.30
69₱19,382.47₱7,127.43₱12,255.04₱2,093,736.87
70₱19,382.47₱7,169.01₱12,213.47₱2,086,567.86
71₱19,382.47₱7,210.83₱12,171.65₱2,079,357.03
72₱19,382.47₱7,252.89₱12,129.58₱2,072,104.14
73₱19,382.47₱7,295.20₱12,087.27₱2,064,808.94
74₱19,382.47₱7,337.75₱12,044.72₱2,057,471.19
75₱19,382.47₱7,380.56₱12,001.92₱2,050,090.63
76₱19,382.47₱7,423.61₱11,958.86₱2,042,667.02
77₱19,382.47₱7,466.92₱11,915.56₱2,035,200.11
78₱19,382.47₱7,510.47₱11,872.00₱2,027,689.63
79₱19,382.47₱7,554.28₱11,828.19₱2,020,135.35
80₱19,382.47₱7,598.35₱11,784.12₱2,012,537.00
81₱19,382.47₱7,642.67₱11,739.80₱2,004,894.32
82₱19,382.47₱7,687.26₱11,695.22₱1,997,207.07
83₱19,382.47₱7,732.10₱11,650.37₱1,989,474.97
84₱19,382.47₱7,777.20₱11,605.27₱1,981,697.77
85₱19,382.47₱7,822.57₱11,559.90₱1,973,875.20
86₱19,382.47₱7,868.20₱11,514.27₱1,966,006.99
87₱19,382.47₱7,914.10₱11,468.37₱1,958,092.90
88₱19,382.47₱7,960.26₱11,422.21₱1,950,132.63
89₱19,382.47₱8,006.70₱11,375.77₱1,942,125.93
90₱19,382.47₱8,053.41₱11,329.07₱1,934,072.53
91₱19,382.47₱8,100.38₱11,282.09₱1,925,972.14
92₱19,382.47₱8,147.64₱11,234.84₱1,917,824.51
93₱19,382.47₱8,195.16₱11,187.31₱1,909,629.34
94₱19,382.47₱8,242.97₱11,139.50₱1,901,386.37
95₱19,382.47₱8,291.05₱11,091.42₱1,893,095.32
96₱19,382.47₱8,339.42₱11,043.06₱1,884,755.90
97₱19,382.47₱8,388.06₱10,994.41₱1,876,367.84
98₱19,382.47₱8,436.99₱10,945.48₱1,867,930.84
99₱19,382.47₱8,486.21₱10,896.26₱1,859,444.63
100₱19,382.47₱8,535.71₱10,846.76₱1,850,908.92
101₱19,382.47₱8,585.50₱10,796.97₱1,842,323.42
102₱19,382.47₱8,635.59₱10,746.89₱1,833,687.83
103₱19,382.47₱8,685.96₱10,696.51₱1,825,001.87
104₱19,382.47₱8,736.63₱10,645.84₱1,816,265.24
105₱19,382.47₱8,787.59₱10,594.88₱1,807,477.65
106₱19,382.47₱8,838.85₱10,543.62₱1,798,638.79
107₱19,382.47₱8,890.41₱10,492.06₱1,789,748.38
108₱19,382.47₱8,942.27₱10,440.20₱1,780,806.10
109₱19,382.47₱8,994.44₱10,388.04₱1,771,811.67
110₱19,382.47₱9,046.91₱10,335.57₱1,762,764.76
111₱19,382.47₱9,099.68₱10,282.79₱1,753,665.08
112₱19,382.47₱9,152.76₱10,229.71₱1,744,512.32
113₱19,382.47₱9,206.15₱10,176.32₱1,735,306.17
114₱19,382.47₱9,259.85₱10,122.62₱1,726,046.32
115₱19,382.47₱9,313.87₱10,068.60₱1,716,732.45
116₱19,382.47₱9,368.20₱10,014.27₱1,707,364.25
117₱19,382.47₱9,422.85₱9,959.62₱1,697,941.40
118₱19,382.47₱9,477.82₱9,904.66₱1,688,463.58
119₱19,382.47₱9,533.10₱9,849.37₱1,678,930.48
120₱19,382.47₱9,588.71₱9,793.76₱1,669,341.77
121₱19,382.47₱9,644.65₱9,737.83₱1,659,697.12
122₱19,382.47₱9,700.91₱9,681.57₱1,649,996.21
123₱19,382.47₱9,757.50₱9,624.98₱1,640,238.72
124₱19,382.47₱9,814.41₱9,568.06₱1,630,424.30
125₱19,382.47₱9,871.66₱9,510.81₱1,620,552.64
126₱19,382.47₱9,929.25₱9,453.22₱1,610,623.39
127₱19,382.47₱9,987.17₱9,395.30₱1,600,636.22
128₱19,382.47₱10,045.43₱9,337.04₱1,590,590.79
129₱19,382.47₱10,104.03₱9,278.45₱1,580,486.76
130₱19,382.47₱10,162.97₱9,219.51₱1,570,323.80
131₱19,382.47₱10,222.25₱9,160.22₱1,560,101.55
132₱19,382.47₱10,281.88₱9,100.59₱1,549,819.66
133₱19,382.47₱10,341.86₱9,040.61₱1,539,477.81
134₱19,382.47₱10,402.19₱8,980.29₱1,529,075.62
135₱19,382.47₱10,462.87₱8,919.61₱1,518,612.75
136₱19,382.47₱10,523.90₱8,858.57₱1,508,088.85
137₱19,382.47₱10,585.29₱8,797.18₱1,497,503.57
138₱19,382.47₱10,647.04₱8,735.44₱1,486,856.53
139₱19,382.47₱10,709.14₱8,673.33₱1,476,147.39
140₱19,382.47₱10,771.61₱8,610.86₱1,465,375.77
141₱19,382.47₱10,834.45₱8,548.03₱1,454,541.32
142₱19,382.47₱10,897.65₱8,484.82₱1,443,643.68
143₱19,382.47₱10,961.22₱8,421.25₱1,432,682.46
144₱19,382.47₱11,025.16₱8,357.31₱1,421,657.30
145₱19,382.47₱11,089.47₱8,293.00₱1,410,567.83
146₱19,382.47₱11,154.16₱8,228.31₱1,399,413.66
147₱19,382.47₱11,219.23₱8,163.25₱1,388,194.44
148₱19,382.47₱11,284.67₱8,097.80₱1,376,909.77
149₱19,382.47₱11,350.50₱8,031.97₱1,365,559.27
150₱19,382.47₱11,416.71₱7,965.76₱1,354,142.55
151₱19,382.47₱11,483.31₱7,899.16₱1,342,659.25
152₱19,382.47₱11,550.29₱7,832.18₱1,331,108.95
153₱19,382.47₱11,617.67₱7,764.80₱1,319,491.28
154₱19,382.47₱11,685.44₱7,697.03₱1,307,805.84
155₱19,382.47₱11,753.61₱7,628.87₱1,296,052.23
156₱19,382.47₱11,822.17₱7,560.30₱1,284,230.06
157₱19,382.47₱11,891.13₱7,491.34₱1,272,338.93
158₱19,382.47₱11,960.50₱7,421.98₱1,260,378.44
159₱19,382.47₱12,030.27₱7,352.21₱1,248,348.17
160₱19,382.47₱12,100.44₱7,282.03₱1,236,247.73
161₱19,382.47₱12,171.03₱7,211.45₱1,224,076.70
162₱19,382.47₱12,242.03₱7,140.45₱1,211,834.67
163₱19,382.47₱12,313.44₱7,069.04₱1,199,521.24
164₱19,382.47₱12,385.27₱6,997.21₱1,187,135.97
165₱19,382.47₱12,457.51₱6,924.96₱1,174,678.46
166₱19,382.47₱12,530.18₱6,852.29₱1,162,148.27
167₱19,382.47₱12,603.28₱6,779.20₱1,149,545.00
168₱19,382.47₱12,676.79₱6,705.68₱1,136,868.21
169₱19,382.47₱12,750.74₱6,631.73₱1,124,117.46
170₱19,382.47₱12,825.12₱6,557.35₱1,111,292.34
171₱19,382.47₱12,899.93₱6,482.54₱1,098,392.41
172₱19,382.47₱12,975.18₱6,407.29₱1,085,417.22
173₱19,382.47₱13,050.87₱6,331.60₱1,072,366.35
174₱19,382.47₱13,127.00₱6,255.47₱1,059,239.35
175₱19,382.47₱13,203.58₱6,178.90₱1,046,035.77
176₱19,382.47₱13,280.60₱6,101.88₱1,032,755.17
177₱19,382.47₱13,358.07₱6,024.41₱1,019,397.10
178₱19,382.47₱13,435.99₱5,946.48₱1,005,961.11
179₱19,382.47₱13,514.37₱5,868.11₱992,446.75
180₱19,382.47₱13,593.20₱5,789.27₱978,853.55
181₱19,382.47₱13,672.49₱5,709.98₱965,181.05
182₱19,382.47₱13,752.25₱5,630.22₱951,428.80
183₱19,382.47₱13,832.47₱5,550.00₱937,596.33
184₱19,382.47₱13,913.16₱5,469.31₱923,683.17
185₱19,382.47₱13,994.32₱5,388.15₱909,688.85
186₱19,382.47₱14,075.96₱5,306.52₱895,612.89
187₱19,382.47₱14,158.06₱5,224.41₱881,454.83
188₱19,382.47₱14,240.65₱5,141.82₱867,214.17
189₱19,382.47₱14,323.72₱5,058.75₱852,890.45
190₱19,382.47₱14,407.28₱4,975.19₱838,483.17
191₱19,382.47₱14,491.32₱4,891.15₱823,991.85
192₱19,382.47₱14,575.85₱4,806.62₱809,415.99
193₱19,382.47₱14,660.88₱4,721.59₱794,755.11
194₱19,382.47₱14,746.40₱4,636.07₱780,008.71
195₱19,382.47₱14,832.42₱4,550.05₱765,176.29
196₱19,382.47₱14,918.95₱4,463.53₱750,257.34
197₱19,382.47₱15,005.97₱4,376.50₱735,251.37
198₱19,382.47₱15,093.51₱4,288.97₱720,157.86
199₱19,382.47₱15,181.55₱4,200.92₱704,976.31
200₱19,382.47₱15,270.11₱4,112.36₱689,706.20
201₱19,382.47₱15,359.19₱4,023.29₱674,347.01
202₱19,382.47₱15,448.78₱3,933.69₱658,898.23
203₱19,382.47₱15,538.90₱3,843.57₱643,359.33
204₱19,382.47₱15,629.54₱3,752.93₱627,729.79
205₱19,382.47₱15,720.72₱3,661.76₱612,009.07
206₱19,382.47₱15,812.42₱3,570.05₱596,196.65
207₱19,382.47₱15,904.66₱3,477.81₱580,291.99
208₱19,382.47₱15,997.44₱3,385.04₱564,294.55
209₱19,382.47₱16,090.76₱3,291.72₱548,203.80
210₱19,382.47₱16,184.62₱3,197.86₱532,019.18
211₱19,382.47₱16,279.03₱3,103.45₱515,740.15
212₱19,382.47₱16,373.99₱3,008.48₱499,366.16
213₱19,382.47₱16,469.50₱2,912.97₱482,896.66
214₱19,382.47₱16,565.58₱2,816.90₱466,331.08
215₱19,382.47₱16,662.21₱2,720.26₱449,668.87
216₱19,382.47₱16,759.40₱2,623.07₱432,909.47
217₱19,382.47₱16,857.17₱2,525.31₱416,052.30
218₱19,382.47₱16,955.50₱2,426.97₱399,096.80
219₱19,382.47₱17,054.41₱2,328.06₱382,042.39
220₱19,382.47₱17,153.89₱2,228.58₱364,888.50
221₱19,382.47₱17,253.96₱2,128.52₱347,634.54
222₱19,382.47₱17,354.61₱2,027.87₱330,279.93
223₱19,382.47₱17,455.84₱1,926.63₱312,824.09
224₱19,382.47₱17,557.67₱1,824.81₱295,266.43
225₱19,382.47₱17,660.09₱1,722.39₱277,606.34
226₱19,382.47₱17,763.10₱1,619.37₱259,843.24
227₱19,382.47₱17,866.72₱1,515.75₱241,976.52
228₱19,382.47₱17,970.94₱1,411.53₱224,005.57
229₱19,382.47₱18,075.77₱1,306.70₱205,929.80
230₱19,382.47₱18,181.22₱1,201.26₱187,748.58
231₱19,382.47₱18,287.27₱1,095.20₱169,461.31
232₱19,382.47₱18,393.95₱988.52₱151,067.36
233₱19,382.47₱18,501.25₱881.23₱132,566.11
234₱19,382.47₱18,609.17₱773.30₱113,956.94
235₱19,382.47₱18,717.72₱664.75₱95,239.22
236₱19,382.47₱18,826.91₱555.56₱76,412.31
237₱19,382.47₱18,936.73₱445.74₱57,475.57
238₱19,382.47₱19,047.20₱335.27₱38,428.37
239₱19,382.47₱19,158.31₱224.17₱19,270.06
240₱19,382.47₱19,270.06₱112.41₱0.00

Disclaimer

This calculator provides estimated figures only. Actual loan terms, interest rates, and monthly amortization may vary depending on bank policies, credit approval, promotional rates, and government regulations.

Explanation

How Home Loan Amortization Works in the Philippines

The Home Loan Calculator Philippines page is built for long-horizon decisions where small percentage differences can translate into large peso impacts over many years. In housing finance, borrowers are not only choosing a monthly payment—they are choosing a 10-, 15-, 20-, or even 30-year cash commitment. This page is designed to make that commitment easier to evaluate by translating rate and term assumptions into understandable monthly amortization, total interest, and full payment schedule outputs.

Unlike short-term financing, home loans are deeply sensitive to term and rate changes. A one-point movement in annual interest can materially shift monthly obligations and cumulative interest paid. This calculator uses a diminishing balance framework commonly applied by banks and many structured housing programs, including contexts similar to Pag-IBIG amortized schedules. The goal is to give borrowers a realistic planning base before entering formal application and documentary stages.

In a diminishing balance structure, each monthly payment has two components: interest and principal. Interest is computed from the remaining balance, so it starts relatively high and gradually decreases. Principal repayment accelerates over time. This pattern matters for decision quality because it explains why early years may feel interest-heavy and why long terms increase total interest even when monthly payments look more manageable. The amortization table makes that behavior visible month by month.

Diminishing Balance Method for Housing Loans

A practical Philippine housing decision often begins with affordability alignment. Borrowers may receive an approval ceiling from a lender, but responsible planning uses a lower personal threshold that leaves room for emergencies, maintenance, insurance, and family expenses. Use this calculator with conservative assumptions, then cross-check your budget using take-home pay tools. If monthly amortization crowds out savings and risk buffer, term or property value may need adjustment before commitment.

Another high-impact use case is comparing fixed-rate options or promo windows. Some lenders advertise introductory rates that can reset after a defined period. While this calculator currently runs a single-rate estimate, it remains highly useful for scenario planning: test your current offer, then test a higher rate case to evaluate resilience. Stress testing helps borrowers avoid future payment shock and supports smarter negotiation during lender discussions.

For Pag-IBIG-oriented borrowers, this page is useful for first-pass estimation before official submission. Government-supported housing programs can have specific eligibility, contribution history, and repricing mechanics that differ from private bank policies. Use the calculator to estimate baseline affordability, then validate final numbers with official amortization schedules and approved terms. This two-step process improves planning quality while respecting policy-specific calculations.

Affordability Strategy and Budget Alignment

Housing finance also includes non-amortization costs that should not be ignored. Typical examples are transfer taxes, documentary stamp taxes, legal fees, insurance, and association dues depending on property type. Because this calculator focuses on principal-and-interest behavior, users should treat outputs as financing core values and add non-loan ownership costs to complete their total housing budget. This approach prevents common underestimation errors among first-time buyers.

The full amortization table on this page supports deeper analysis than a standard monthly figure. You can inspect how quickly principal is reduced, identify interest concentration in early periods, and understand total outstanding balance at any point in time. This is particularly useful if you expect income growth and plan future lump-sum principal payments. With this visibility, you can estimate how prepayments may reduce future interest burden.

For households deciding between rent and buy, this tool can serve as the financing half of the comparison model. Calculate your potential monthly amortization and compare it with current rental cost, expected utility changes, and savings requirements. The right decision is not universal—it depends on stability of income, career mobility, emergency fund readiness, and property lifecycle expenses. A transparent amortization estimate gives a clearer foundation for that strategic choice.

Interpreting the Full Amortization Table

From a lender-offer comparison perspective, the most important behavior is consistency. Keep property price assumptions constant and compare multiple rate/term combinations using the same principal. This allows apples-to-apples evaluation. If one offer appears cheaper monthly but extends term dramatically, total interest may still be significantly higher. Always compare monthly burden and total payment together.

This page also supports financial planning for OFW families and dual-income households by offering predictable schedule outputs. When remittance patterns or income cycles vary, the amortization table helps determine whether cash reserves are sufficient during lower-income months. You can test conservative assumptions and avoid selecting a payment level that only works under ideal conditions.

As part of PinoyLokal’s finance content cluster, this page is intentionally aligned with high-intent search needs around home loan calculator Philippines, housing loan calculator PH, and monthly amortization house Philippines. The goal is to provide a practical computation layer plus decision guidance that improves user outcomes. Strong calculators keep users engaged longer, but strong explanations help users make better choices and return for future planning tasks.

Rate Stress Testing and Offer Comparison

To deepen your planning workflow, use internal links to contribution and income tools. For example, combining salary/net-pay estimates with home amortization projections helps confirm whether your target property remains affordable after mandatory deductions and recurring obligations. A connected tool flow reduces planning blind spots and improves confidence during lender interviews and property negotiations.

No online calculator can replace the legal and contractual authority of signed loan documents. Therefore, treat this page as an estimation and comparison instrument. Before final commitment, confirm loan method, repricing terms, penalties, fees, insurance requirements, and payment channels with your lender or program administrator. The best borrower outcome comes from combining solid estimates with verified contractual clarity.

Used properly, this Home Loan Calculator Philippines page supports the full journey: estimate affordability, compare scenarios, inspect amortization behavior, stress-test assumptions, and coordinate next steps with official institutions. That is the intended value proposition—data-driven confidence in one of the most important financial decisions Filipino households make.

Final Due Diligence Before Loan Commitment

When evaluating properties across different price ranges, a useful strategy is to reverse-plan from an acceptable monthly amortization threshold rather than starting from the highest approved amount. Identify a payment level that protects savings and emergency reserves, then back into an appropriate principal range by testing rate and term combinations in this calculator. This borrower-first approach helps avoid overextension and creates room for unavoidable ownership costs such as maintenance, taxes, and periodic repairs. It also supports long-term family stability when income conditions shift unexpectedly.

For users comparing condo and house-and-lot options, this tool can act as the financing constant while you separately model recurring ownership differences such as association dues, commuting costs, and utility patterns. The monthly amortization alone does not capture full lifestyle impact. Combining this financing baseline with recurring expense projections gives a more complete decision framework and often reveals that two properties with similar loan payments can have very different total monthly ownership cost. Better decisions come from total-cost thinking, not amortization-only thinking.

If your goal is to build a resilient long-term plan, use this page to run quarterly what-if reviews after rate announcements or major income changes. Recomputing under updated assumptions keeps your strategy current and helps you decide whether to accelerate principal payments, build larger reserves, or refinance when conditions are favorable. Housing finance is dynamic over long periods, and static one-time estimates can become outdated. Regular scenario checks using transparent amortization data improve confidence and reduce stress throughout the life of your home loan.

Formula Breakdown

Monthly Amortization = P × [r(1+r)^n] ÷ [(1+r)^n - 1]

Sample Computation

For a ₱2,500,000 housing loan at 7% for 20 years, this tool estimates monthly amortization, total payment, and interest.

FAQ

Can I use this for Pag-IBIG housing loans?

Yes for estimation. Always compare with official Pag-IBIG and bank schedules since actual approved rates and terms vary.

Does this include fees and insurance?

No. This focuses on principal and interest only. Bank fees, MRI, fire insurance, and charges are not included.

Why is total interest so high on long terms even if monthly payment looks affordable?

Longer terms spread principal over more months, so interest is charged over a longer period. This reduces monthly payment but usually increases lifetime cost.

Can I use this to compare fixed-rate and repricing scenarios?

Yes. Run one computation for the current offered rate, then run higher-rate scenarios to stress-test affordability if rates change later.

Does the amortization table help if I plan to prepay?

Yes. It shows remaining balance and interest allocation by month, helping you estimate where extra principal payments can reduce future interest.

Is this enough basis to sign a loan contract?

No. Use this for planning and comparison, then validate all final numbers and terms using official lender or Pag-IBIG documentation.