By the numbers

6.3 million

housing backlog estimate in 2011-2017

13.5 million

Pag-Ibig members as of 2013

P344.67 billion

total Pag-Ibig assets (2013)

P500,000

minimum housing loan amount

P6 million

maximum housing loan amount

30 years

maximum repayment period

Interest rates

Housing loan* (as of August 2014): Based on fixing period chosen

by the borrower upon application:

3 years     6.985 percent

5 years     7.825 percent

10 years    8.775 percent

15 years    9.385 percent

20 years    9.675 percent

25 years    10 percent

30 years    11.375 percent

*Interest rates under this pricing scheme may change from time to time depending on the current market rates

Compiled by Inquirer Research

Sources: pagibigfund.gov.ph; National Statistical Coordination Board

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TAGS: Government, housing, ofws, pag-Ibig Fund