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Housing Loan Rates Comparison in the ... - iMoney Philippines
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Buying a house is one of the biggest purchases you'll ever make. To help you make the best home loan decision, we've compiled a...
Housing Loan Interest Rates In The Philippines Analyzed
Written by imoney
When you borrow money from a lender the amount is usually charged with an interest rate. This rate is the amount charged or paid for the use of money; it is often expressed as a percentage per annum of the principal.
BSP (Bangko Sentral ng Pilipinas) had set key policy interest rates at 4% for overnight borrowing. For base lending the rate is steady at 6%.
Banks in Manila had...
Home Loans In The Philippines Interest Rates (JUNE 2015)
Source: Emy Arceo of Security Bank
Note: We will update our amortization factor rates accordingly to ensure it includes all interest rates quoted above. Alternately, you can also use our mortgage calculator .
Are the lowest interest rates the best interest rates?
It depends. If you have played around with the chart above, you will notice that Pag-IBIG has the lowest interest rates for...