An eligible recipient of a Pag-IBIG Fund calamity loan may borrow up to a maximum of 80 percent of his total accumulated value subject to terms and conditions of the program. The current interest rate for a Calamity Loan is 5.95 percent per annum.
According to Pag-IBIG Fund, the calamity loan amount for recipients is amortized over a period of 24 months with a grace period of three months. The recipient must begin paying on their loan on the fourth month following the date of their DV/Check date. Eligible borrowers must apply for the loan within 90 days of the calamity.