PMT Forum

News: Easy access to the Top 7 Most Popular discussion boards! Check them out on top of the PMT Forum homepage!

Search Money Investments

* PMT Shoutbox

Refresh History
  • asherley: hi to all! newbie po ako..I have learned a lot in this forum that's why I join. I just wanna seek your advise. I just want to hear feedbacks regarding Borland developer. Nagpareserve napo ako ng isang unit sa may north fairway located sa muzon san jose del monte bulacan. I will start paying monthly equity this month but still I am not sure if i am going to pursue it, medyo hesitant ako. Any feedback for the quality of the house from Borland Developer? and usually gaano katagal ang turnover? If someone knows, your information is really a big help. Thanks in advance!
    Yesterday at 10:25 PM
  • dmolinaj24: hi sir tnx for the reply, actually I have a problem with the schedule I still don't have leaves hence I can't attend to both free seminars from col and pse
    Jul 03, 2015, 10:43 AM
  • wonderfulpittance: @dmolinaj24 check out colfinancial. they're also giving out free seminars https://www.colfinancial.com/ape/Final2/home/investor_education.asp
    Jul 03, 2015, 09:41 AM
  • dmolinaj24: guys may alam ba kayong seminar for stocks?
    Jul 02, 2015, 07:10 PM
  • lodelyn23: help me here pls
    Jul 02, 2015, 09:20 AM
  • lodelyn23: hi
    Jul 02, 2015, 08:57 AM
  • hanson15: interactive broker
    Jul 01, 2015, 04:46 PM
  • edspecks2004: anong issue sa pro-friends???
    Jun 30, 2015, 10:28 AM
  • Algemele: Kamusta
    Jun 28, 2015, 01:57 PM
  • hernameisKhassy: PSETradex
    Jun 26, 2015, 11:49 AM
  • hernameisKhassy: bago na po kasi ang trading platform ng PSE which is TRADEX
    Jun 26, 2015, 11:43 AM
  • waynenovera23: PSE Trading game po yung tinutukoy ko
    Jun 26, 2015, 09:28 AM
  • waynenovera23: Good Morning, bakit po di nagana yung pse? 2 weeks na po akong nagaantay lagi naman po akong tama sa oras (9am)
    Jun 26, 2015, 09:28 AM
  • dragonknight: good morning
    Jun 26, 2015, 07:42 AM
  • weng2nelo: ukay ukay
    Jun 25, 2015, 09:36 AM
  • dragonknight: good morning im new here
    Jun 25, 2015, 06:47 AM
  • OMG.27: hallooooooooooooooooooooooooooooo............ tropppaaaaaa pipppsssss
    Jun 24, 2015, 08:18 PM
  • BridgetteWuReyes: hi
    Jun 23, 2015, 10:30 PM
  • Braun.reivn: pagibig
    Jun 22, 2015, 10:33 AM
  • Bart: peif
    Jun 22, 2015, 12:02 AM
  • Kim1: Sir/Madam newbie po. saan pwde mag post yung may nagreresponse agad. about lotto franchise and one stop shop franchise like ticketing, bills payment, remittance, loading. Thanks po...
    Jun 21, 2015, 02:52 PM
  • Kim1: Sir/Madam good day! newbie po. sana matulongan nyo ako sa plano ko mag lotto franchise? or franchise sa all in services( one stop shop outlet) like ticketing, remittance, loading, bills payment pero priority ko yung lotto franchise. may naipon na ako capital sa lotto franchise at may nka ready na din na location/area. ang gusto ko lng malaman ko kung magkano percentage sa income at kung mayron pa ba additional payment o additional fund to operate maliban sa cash bond na 300k, installation fee 10k at application fee 2k. at refundable ba yung cash bond in case ayaw muna ituloy yung business? Thanks in advance.
    Jun 21, 2015, 02:45 PM
  • DOCFERDZ: hello
    Jun 21, 2015, 02:27 PM
  • DOCFERDZ: hello
    Jun 21, 2015, 02:26 PM
  • freefront: @radex- try CHIB.
    Jun 21, 2015, 07:06 AM
  • repoh31: Hello po sa lahat
    Jun 19, 2015, 09:57 PM
  • radex: Guys my post kaya dto ng  PSE Stock: CHI? hindi ko makita hehe
    Jun 19, 2015, 06:50 AM
  • theycallmewy: Thanks. Im interested about that. Anyone here kung sino may fb group ng investors/traders
    Jun 19, 2015, 04:03 AM
  • charlene21: International Marketing Group :)
    Jun 19, 2015, 04:00 AM
  • theycallmewy: what is IMG?
    Jun 19, 2015, 03:54 AM
  • charlene21: sino member ng IMG dto? :)
    Jun 18, 2015, 11:51 PM
  • charlene21: hello business minded people :)
    Jun 18, 2015, 10:25 PM
  • OMG.27: I am looking for my dream business. Have you see it? waahhhhhhhhhhhhhhhhhhhhhh
    Jun 18, 2015, 08:20 PM
  • tinny_rn: hello pipol!
    Jun 17, 2015, 04:09 PM
  • grayback_01: yohhoooo! great day everyone!
    Jun 17, 2015, 11:31 AM
  • seanva: hi good day!
    Jun 17, 2015, 08:39 AM
  • fatbuccha: sa mga nag sstocks market dyan, ano gamit nyo na app pang monitor ng stocks? for android?
    Jun 17, 2015, 12:57 AM
  • fatbuccha: hello sa mga tao jan :)
    Jun 17, 2015, 12:55 AM
  • freefront: random thead
    Jun 16, 2015, 03:22 PM
  • OMG.27: hello sino dito ang mga nasa Africa? dito ako sa Zimbabwe...
    Jun 16, 2015, 01:59 AM
  • budoi: bukas ba si pse ngaun???
    Jun 15, 2015, 05:50 AM
  • jefferyagdulas: Pm me sa mga pinoy na nasa switzerland or my kakilala thanks ☺️
    Jun 15, 2015, 01:43 AM
  • jefferyagdulas: hello sino nasa hungary ngayon? or switzerland ?
    Jun 14, 2015, 05:27 PM
  • PHPinoy: crowd funding
    Jun 14, 2015, 02:48 PM
  • Wills: Boom and bust, bull and bear... I need a T.V., I have a T.V.!!!
    Jun 13, 2015, 08:16 AM
  • alacrity: Haha maganda idea yan Willis! :D
    Jun 12, 2015, 10:24 AM
  • Wills: collateral ATM? Ako gusto ko tapos pabigay mo sakin ng pera sabay tawag ako sa bangko para ipahold dahil namisplace!
    Jun 11, 2015, 08:56 PM
  • danyan2001us: regards from melbourne....
    Jun 10, 2015, 02:56 PM
  • izza: sino ipit dito?
    Jun 10, 2015, 02:11 PM
  • danyan2001us: halu melburnian here
    Jun 09, 2015, 06:47 PM

Click LIKE, TWEET or +1 to earn PMT Badges!

Author Topic: Home Loan : Bank vs Pag-ibig  (Read 13567 times)

Offline remetrade

  • Newbie
  • *
  • Thanks Received: 0
    • Awards
Home Loan : Bank vs Pag-ibig
« on: Feb 17, 2012, 02:46 PM »
  • Publish
  • we have already placed our reservation and start our equity - thinking which financing would be a good option for us to save time and money

    - as i have read other topics and spent time with my best friend google seems to me that PS Bank have the lowest fixed interest rate per anum @10.75 for 25 years other banks have 11.x%. what other bank currently giving a competitive interest rate for home loan?

    - from http://www.pagibigfinancing.com/ rate interest if i would want to loan 1M was 8.5% which would give me on my based computation with monthly MA of P7,689.xx for 30 years. was this the right MA or it would include additional other fees?

    - our agent/broker advised was to go for Bank financing instead of Pagibig which have lower interest? was she only telling me this to get extra cut :D if i go with their accredited bank

    - the TCP of the property is 1.5M - what am i thinking was to pay the 50% and loan the 50% remaining as i don't have enough cashflow to do the spot cash payment. was this a good call in my case?

    - have also read that there are banks that would offer as low as 5.x% per anum for home loan but would do a reprice after each term. do you think this is a good option as they have said that for the past 20-30 years (which was around 20% per anum) home loan bank interest trend was declining?

    clarifications and suggestions would be a great help for me, as i am acquiring our first small blissful house :D

    cheers!

    Offline KERSMcPherson

    • Probie
    • *
    • Thanks Received: 0
    • Gender: Male
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #1 on: Apr 15, 2012, 02:25 AM »
  • Publish
  • if you have a steady job (job security), better to go with the banks. even if they reprice every year or for a fixed period (5, 10, 15 yrs). Banks offer lower rates. If you can make a 50%dp, then you should shorten your loan term, maybe a 5 yr max.

    Pag-Ibig is better just in case you encounter financial problems. hindi ka mapapalayas sa iyong bahay ng basta-basta. Unlike sa banks- everything is about money.

    Offline kcmendoza

    • Full-Time Poster
    • *
    • Thanks Received: 0
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #2 on: Aug 22, 2012, 06:37 PM »
  • Publish
  • Guys, if you have any updated rate for Home loan rate in bank financing please share

    PMT Forum

    Re: Home Loan : Bank vs Pag-ibig
    « Reply #2 on: Aug 22, 2012, 06:37 PM »


    * * * * * sponsored links * * * * *

    Offline pmtmember

    • PMT Jedi
    • *
    • Thanks Received: 0
    • Awards Stocks Superstar PSE Stock Trader Chikador / Chikadora
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #3 on: Aug 22, 2012, 08:23 PM »
  • Publish
  • hmmm i always thought Pag ibig is the cheapest? Also I would rather go for long term even if I have money. Kasi in long term scenario, yong monthly dues mo after 10 years magiging maliit na value niya. For example if I have a due of 10,000 per month in 10 years time 10K pa rin dues mo tapos very affordable na siya. So yong pang 50% downpayment ko gamitin ko nlang sa business :)

    Thats just me.
    Take risks: if you win, you will be happy; if you lose, you will be wise. Trader's Logbook

    Offline arts24

    • Posting Whiz
    • *
    • Thanks Received: 0
    • Gender: Male
    • The winner takes it all The loser standing small .
    • Awards Member since 2007
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #4 on: Oct 16, 2012, 05:23 PM »
  • Publish
  • what i'ved heard from other people and i don't know if is't true correct me if i'm wrong, that in case the member of pag-ibig died or deceased the outstanding loan will be 100% fully paid and the property will be given to beneficiary. I'm not saying na gawin reason ang pagkamatay ng member para lng makuha ang property but in the other side for security reason na magkaron ng bahay at lupa na para sa family ay isang advantage para sa member, alam naman natin hindi natin hawak ang buhay, anong oras man ay pwedeng bawiin ng Diyos, so in my point of view may advantage naman sa pag-big at kahit 30 years to pay pa yan.. maliit lng ang binabayaran at may refund pa makukuha every year.. just my two cents.
    be yourself. try to be anything else but your genuine self, even if you deceive the entire world, and you will be ten thousand times worse than nothing...

    Offline pmtmember

    • PMT Jedi
    • *
    • Thanks Received: 0
    • Awards Stocks Superstar PSE Stock Trader Chikador / Chikadora
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #5 on: Oct 16, 2012, 05:33 PM »
  • Publish
  • what i'ved heard from other people and i don't know if is't true correct me if i'm wrong, that in case the member of pag-ibig died or deceased the outstanding loan will be 100% fully paid and the property will be given to beneficiary. I'm not saying na gawin reason ang pagkamatay ng member para lng makuha ang property but in the other side for security reason na magkaron ng bahay at lupa na para sa family ay isang advantage para sa member, alam naman natin hindi natin hawak ang buhay, anong oras man ay pwedeng bawiin ng Diyos, so in my point of view may advantage naman sa pag-big at kahit 30 years to pay pa yan.. maliit lng ang binabayaran at may refund pa makukuha every year.. just my two cents.

    I think that is correct to some extent
    Take risks: if you win, you will be happy; if you lose, you will be wise. Trader's Logbook

    Offline Quiz

    • Posting Specialist
    • *
    • Thanks Received: 0
    • Gender: Male
    • Life is expensive!
    • Awards Chikador / Chikadora Member since 2010
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #6 on: Nov 04, 2012, 02:21 PM »
  • Publish
  • what i'ved heard from other people and i don't know if is't true correct me if i'm wrong, that in case the member of pag-ibig died or deceased the outstanding loan will be 100% fully paid and the property will be given to beneficiary. I'm not saying na gawin reason ang pagkamatay ng member para lng makuha ang property but in the other side for security reason na magkaron ng bahay at lupa na para sa family ay isang advantage para sa member, alam naman natin hindi natin hawak ang buhay, anong oras man ay pwedeng bawiin ng Diyos, so in my point of view may advantage naman sa pag-big at kahit 30 years to pay pa yan.. maliit lng ang binabayaran at may refund pa makukuha every year.. just my two cents.

    yup its true, 100% of the remaining balance will be cancelled once the PRIMARY pag-ibig member die. I have a pag ibig loan and it is written in the contract. What's more interesting is you could get the longest term and pay the remaining balance once you have the cash. E.g, you loan 1m and decided to pay for it in 20 years (12% interes), after 5 years you decided to pay all the remaining balance, they will recompute the balance using the 5 year rate (8.xx%)
    Do what you are GOOD at the BEST you can, BETTER than the rest.

    Offline abisoft

    • Probie
    • *
    • Thanks Received: 0
    • Gender: Male
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #7 on: Nov 30, 2012, 03:22 PM »
  • Publish
  • In comparison, PagIBIG offers lower interest rates and Banks gives better customer service, not to mention quicker loan approval.

    Some developers have pre-agreed interest rates and appraisal percentage with the banks. But make sure first that you are qualified for a bank loan.
    The First Condo With Sports Complex - DP in 36 Months WITHOUT INTEREST!
    http://victoriademanilacondo.wordpress.com

    Offline djose09

    • Probie
    • *
    • Thanks Received: 0
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #8 on: Mar 13, 2013, 02:36 PM »
  • Publish
  • Hi mga Ka-PMT sa pag-ibig kasi aq nakaloan but single lang aq first timer at nalalakihan aq sa mortization since 8k un a month at nanghihinayang aq sa interest gusto ko maximize ung pera ko so i heard sa bank daw pagnagaadvance payment ka sa principal possible na lumiit din ang amortization mo unlike sa pag-ibig fix na xia ng 30years. I ask if this advisable to ipatransfer ko ang loan ko to bank? pls. help thank you all!

    Offline kulatir

    • Posting Guru
    • *
    • Thanks Received: 0
    • Those hu never make mistake never make discoveries
    • Awards Stocks Superstar
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #9 on: Mar 25, 2013, 06:01 AM »
  • Publish
  • Hi mga Ka-PMT sa pag-ibig kasi aq nakaloan but single lang aq first timer at nalalakihan aq sa mortization since 8k un a month at nanghihinayang aq sa interest gusto ko maximize ung pera ko so i heard sa bank daw pagnagaadvance payment ka sa principal possible na lumiit din ang amortization mo unlike sa pag-ibig fix na xia ng 30years. I ask if this advisable to ipatransfer ko ang loan ko to bank? pls. help thank you all!

    pwede ka rin naman mag advance payment sa pagibig automatic ung inadvance mo sa principal mababawas,kaya iikli ung paying time mo. Yung loan ko sa pagibig every three years may repricing,ang plano ko mag advance ng kahit 2k every month,pero ang gagawin ko invest ko muna ung 2k every month sa stocks then pag malapit na magreprice tsaka ko ibabayad lahat ng dapat na pang advance ko,at least pwedeng kumita muna yung pera ko bago ko mapa bayad sa principal...

    Offline djose09

    • Probie
    • *
    • Thanks Received: 0
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #10 on: Mar 25, 2013, 12:28 PM »
  • Publish
  • pwede ka rin naman mag advance payment sa pagibig automatic ung inadvance mo sa principal mababawas,kaya iikli ung paying time mo. Yung loan ko sa pagibig every three years may repricing,ang plano ko mag advance ng kahit 2k every month,pero ang gagawin ko invest ko muna ung 2k every month sa stocks then pag malapit na magreprice tsaka ko ibabayad lahat ng dapat na pang advance ko,at least pwedeng kumita muna yung pera ko bago ko mapa bayad sa principal...

    @Kulatir pede ko bang tanunging kung ilang years ka ng magbabayad at magkano ang monthly mo pagnagreprice posible din lumiit ung amortization mo?

    Offline kulatir

    • Posting Guru
    • *
    • Thanks Received: 0
    • Those hu never make mistake never make discoveries
    • Awards Stocks Superstar
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #11 on: Apr 09, 2013, 06:59 AM »
  • Publish
  • @Kulatir pede ko bang tanunging kung ilang years ka ng magbabayad at magkano ang monthly mo pagnagreprice posible din lumiit ung amortization mo?

    1 year pa lang akong nagbabayad,as of now 7% ang interest. Ang nakalagay sa contract ko sa pagibig magrereprice cia every 3 years,the percentage will depend on current market on that year but not greater than 9%. So,pag nagreprice posibleng lumiit amortization mo lalo na kung nag aadvance payment ka.

    I don't know if this chismis is true na nabasa ko sa ibang forums,twice na lang daw pwede mag advance payment of principal sa pagibig,yan daw ang bagong policy nila,is it true? malaking kalokohan to kung ganyan ang ruling na gagawin nila,maghahalo ang balat sa tinalupan pag nagkataon. Further clarification guys.

    Offline djose09

    • Probie
    • *
    • Thanks Received: 0
      • Awards
    Re: Home Loan : Bank vs Pag-ibig
    « Reply #12 on: Apr 09, 2013, 05:42 PM »
  • Publish
  • 1 year pa lang akong nagbabayad,as of now 7% ang interest. Ang nakalagay sa contract ko sa pagibig magrereprice cia every 3 years,the percentage will depend on current market on that year but not greater than 9%. So,pag nagreprice posibleng lumiit amortization mo lalo na kung nag aadvance payment ka.

    I don't know if this chismis is true na nabasa ko sa ibang forums,twice na lang daw pwede mag advance payment of principal sa pagibig,yan daw ang bagong policy nila,is it true? malaking kalokohan to kung ganyan ang ruling na gagawin nila,maghahalo ang balat sa tinalupan pag nagkataon. Further clarification guys.

    I think ser dis not true kung magkaganto expect na malulugi na ang pag-ibig fund at most the people mas pipiliin nalang ang bangko kesa sa kanila.

    PMT Forum

    Re: Home Loan : Bank vs Pag-ibig
    « Reply #12 on: Apr 09, 2013, 05:42 PM »
    * * * * * sponsored links * * * * *

     

    Related Topics

      Subject / Started by Replies Last post
    1 Replies
    2897 Views
    Last post Jan 29, 2010, 10:30 AM
    by puzzlebox
    3 Replies
    1497 Views
    Last post Oct 16, 2012, 05:49 PM
    by prnd32
    23 Replies
    2209 Views
    Last post Jul 14, 2014, 01:17 PM
    by mxherr5
    3 Replies
    3994 Views
    Last post Jun 29, 2015, 09:18 PM
    by carolsoria


    * Recent Topics

    Forum Shortcuts!
     
     
    Welcome, Guest. Please login or register.
    Did you miss your activation email?

    * Must-Read Topics!

    * Active Posters Today

    casanova casanova
    1 Posts
    Langis
    1 Posts
    kAMi
    1 Posts
    Gineto
    1 Posts
    chase
    1 Posts
    dragonknight
    1 Posts

    * Vote in this Poll!

    • Who would you vote for as President in 2016?
    • Dot Kris Aquino
    • 9 (6%)
    • Dot Jejomar Binay
    • 7 (5%)
    • Dot Alan Peter Cayetano
    • 7 (5%)
    • Dot Chiz Escudero
    • 6 (4%)
    • Dot Ping Lacson
    • 6 (4%)
    • Dot Bongbong Marcos
    • 10 (7%)
    • Dot Grace Poe
    • 17 (13%)
    • Dot Bong Revilla
    • 0 (0%)
    • Dot Mar Roxas
    • 6 (4%)
    • Dot Miriam Santiago
    • 47 (36%)
    • Dot Others
    • 15 (11%)
    • Total Members Voted: 130
    • View Topic

    * PinoyMoneyTalk.com

    Invalid feed.

    * SPAM-free PMT!

    Help clean up the PMT Forum by reporting spam posts, troll messages, PM solicitation, or any other problem posts or members! Click the "Report to moderator" link at the bottom of every post.
    BloQcs design by Bloc
    SMF 2.0.10 | SMF © 2015, Simple Machines
    SMFAds for Free Forums
    SimplePortal 2.3.5 © 2008-2012, SimplePortal