What is the maximum repayment period for a Pag-IBIG Housing Loan?

The maximum repayment period for a Pag-IBIG Housing Loan is indeed 30 years. This extended repayment term makes it more manageable for borrowers to afford their monthly payments, particularly for those purchasing homes. The longer repayment period can significantly lower individual monthly obligations, which can be particularly beneficial for families. Pag-IBIG Fund aims to promote homeownership among its members, and offering a 30-year term allows more flexibility and accessibility in financing residential properties.

The option of 30 years aligns with common practices in the housing finance industry, where extended terms are provided to accommodate varying financial situations of borrowers. Other repayment periods, such as 15, 20, or 25 years, are also available options under certain circumstances, but they do not represent the maximum term permitted within the Pag-IBIG system.