03/03/2026
🔍 How to Know if Your Income Is Qualified for a Home Loan Amortization
Para malaman mo kung pasok ba ang income mo sa monthly amortization ng housing loan (Pag-IBIG, bank, or in-house), may dalawang main rules na tinitingnan:
⸻
✅ 1. The 30%-40% Rule (Capacity to Pay)
Banks and Pag-IBIG usually allow you to use up to 30%-40% of your monthly gross income for your housing loan.
Formula:
Monthly Income × 30% = Maximum allowable amortization
Example:
If your income = ₱30,000/month
Your max amortization = ₱9,000/month
Kung lumagpas dito, malaki ang chance ma-decline.
⸻
✅ 2. Income vs. Loan Multiplier
Lenders also check kung enough ba ang income to support the total loan amount.
Typical guides:
• Pag-IBIG: Pasok basta swak sa Net-To-Pay at 30% rule
• Bank: Usually computes using projected amortization & debt-to-income ratio
• In-house: Mas flexible pero mas mataas interest
⸻
✅ 3. Check the Monthly Amortization vs. Income (Actual Test)
This is the most practical way:
👉 If the monthly amortization is
MORE than 30–40% of your income → likely not qualified
WITHIN 25–30% → good
Below 25% → safe & strong
⸻
🔢 Quick Qualification Chart
If your income is:
• ₱20,000 → safe amortization: ₱5,000–₱6,000
• ₱30,000 → ₱7,000–₱9,000
• ₱40,000 → ₱10,000–₱12,000
• ₱50,000 → ₱12,000–₱15,000
• ₱60,000 → ₱15,000–₱18,000
⸻
✅ 4. May Existing Loans?
If may:
• Credit card balances
• Motorcycle / car loan
• Personal loan
• Online loans
Lenders deduct that from your capacity.
Mas mataas utang = mas bababa approval chance.
⸻
📝 5. Stability of Income
Pag-IBIG & banks also check:
• Job tenure
• Contract type (Regular > Probationary > Project-based)
• Remittances for OFWs
• Business income proof
Mas stable = mas mataas chance ma-approve.
⸻
💡 Bottom Line
If the amortization fits within 30% -40% of your income, and your job/finances are stable — you’re likely qualified.
