The government has made homeownership in Cavite more accessible by expanding housing programs via the Pag-IBIG Fund. Rates are as low as 3%, with the maximum loan ceiling increased to PHP10 million . These enhanced financial packages directly support the government's housing agenda in key areas.
Enhanced Loan Schemes and Rates
Pag-IBIG Fund has introduced promotional home loan interest rates aimed at making homeownership more affordable for Filipino workers . The subsidized rate for socialized housing borrowers remains at 3% per annum . For homes priced above the socialized housing ceiling—up to the PHP2.5 million low-cost housing ceiling—the promotional rate is set at 4.5% per annum . Open-market housing loans above PHP2.5 million up to PHP10 million carry an interest rate of 5.75% .
Pag-IBIG will fix these promotional rates for three years before repricing . For example, a PHP2.5-million housing loan paid over 30 years would result in a monthly amortization of about PHP12,667, which is roughly PHP2,700 less than under the previous 6.25% rate . Loan applications must be filed by December 31, 2026 to qualify for these promotional rates.
Cavite: A Major Focus for 4PH Housing
Cavite is a major focal point for these developments, with multiple projects underway. The Pag-IBIG Fund has partnered with Megawide Construction Corp. to fast-track the building of about 7,143 socialized housing units under the expanded 4PH Program . Two initial project sites are located in Dasmariñas, Cavite: 4,185 housing units in the Dasmariñas-Salitrán site and 2,958 units in the Dasmariñas-Paliparan site .
These medium-rise residential projects are priced below prevailing market rates while offering amenities typically found in higher-priced developments . Pag-IBIG Fund will invest up to PHP10 billion through a subscription to preferred shares in the project company . The developments are expected to be completed within two to three years .
