05/08/2024
๐ฃ๐๐๐๐๐๐ ๐๐ข๐จ๐ฆ๐๐ก๐ ๐๐ข๐๐ก ๐ง๐๐ฃ๐ฆ ๐ณ๐ฟ๐ผ๐บ ๐๐๐
โ๏ธ Always pay your monthly amortization and monitor it online via virtual pag-ibig website. They don't send monthly bills so pay your monthly amortization diligently para di lumobo utang mo.
www.pagibigfund.gov.ph
โ๏ธ If you can, pay in advance for your Principal Loan Amount. Para lumiit na ang iinteresan na utang mo.
Dahil sa binabayaran mo na monthly amortization, initially, maliit lang ang napupunta sa principal amount. Example: As per Pagibig officers breakdown of P9,555.34 Monthly Amortization:
P7,166.67 Interest
P235.80 Fire Insurance
P360 Mortgage Insurance
P1,792.87 For the Principal Amount
= P9,555.34 Total monthly Amortization
Note: Kapag smaller na ang interest, BIGGER na ang kaltas sa principal loan amount.
โ๏ธ If you want to pay in advance, go directly to Pag-ibig office and sabihin EXCESS TO PRINCIPAL yung payment mo na more than the Required Monthly Amortization.
For example, magbabayad ka ng 50k and 10k ang monthly amortization, the excess of 40k will be deducted directly sa principal amount. So nakabayad ka na ng monthly Amortization, nakabawas ka pa sa principal mo.
โ๏ธ Huwag mag advance payment sa bayad centers/Banks if your intention is para makabawas sa Principal Loan Amount.
For example, if nag bayad ka sa Bayad centers/Banks ng 50k and your required monthly amortization is only 10k, yung 40k will reflect as advance payments for your next 4 months amortization and will not lessen your Principal Amount.
Note: Payment for Advance in Principal amount should be done ONLY IN PAG-IBIG OFFICES not in bayad centers/Banks.
Go to any Pagibig office and say you'll pay DIRECT TO PRINCIPAL para sa extra payments. Para whole amount na mabayad sa Principal Amount.
We hope this Tips will be useful for your PAGIBIG HOUSING LOAN.๐
To address your other concerns, don't hesitate to ask us.
