A first time home buyers guide to financing schemes.
(*Rates as of 2017)
Different banks offer different loans schemes and have different measures of qualification. Here are links of home loans of some banks:
Banco De Oro (BDO),
Philippine National Bank (PNB)
*all sites include a mortgage calculator
As shown above, If you opt for this, you will have to get your chosen developers' in house financing schemes.
How much you can loan will also depend on how much you're actually paying in a month. You can check PAG-IBIG calculator for how much you should be contributing to be able to get the loan you want.
But now the question still remains, which one should you choose?
Ask your broker. Brokers and salespersons are knowledgeable on everything you need to know about buying a house. While the facts are out here, it still helps to consult a professional.
REMAX Pottershand Realty has a team that can help you choose which scheme best suits you. Click here for more details.