What drives your amortization
A home loan payment is built from the loan amount (price minus down payment), the interest rate and the term. Early payments are mostly interest; later ones mostly principal. A bigger down payment or a shorter term cuts the total interest substantially.
Common questions
Principal and interest on the loan. It does not include taxes, registration fees, mortgage redemption insurance (MRI) or association dues.
Banks typically offer around 6–8% fixed for a few years. Pag-IBIG housing loans can be cheaper, especially under socialized programs — enter the rate you were quoted.
Commonly 10–20% of the price. A bigger down payment lowers your loan and monthly amortization. The calculator shows your down-payment percentage.