Tuesday, June 28, 2011

Housing Loan interest rates in the Philippines June 28, 2011


For those planning to buy a house or condo in the Philippines, some of the banks have promotional rates in loan interest rates. Make sure you study the Repricing Period.

Home Loan Interest Rates in the Philippines (as of June 2011)

Repricing Period Allied Bank BDO BPI FB* BPI FB** EastWest Bank HSBC Robinsons Bank* Security Bank
1 year 8.50% 7.88% 5.50% 8.75% 5.88% 5.75% 5.88% 8.75%
2 years 9.00%         7.49%   9.50%
3 years 9.50% 9.75% 7.75% 9.75%   7.69%   9.50%
5 years 9.75% 10.00% 8.75% 10.00%   8.99%   10.00%
10 years 11.50% 11.00% 10.00% 11.00%        
15 years 11.50% 11.25% 11.00% 11.25%        
16-25 years   11.50%   11.50%        

Notes:

* BPI FB – promo rates of BPI Family Savings Bank, valid until June 30, 2011


** BPI FB – published interest rates of BPI and BPI Family Savings Bank, before the promo period

*** Promo rate of Robinsons Bank, valid until June 30, 2011; no other fixed interest rates published for longer years


See source blog for more details:
http://www.pinoymoneytalk.com/low-home-loan-rates-philippines/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PinoyMoneyTalkpmtPinoysMakingMoneyTogether+%28Make+Money+Online%2C+Stock+Trading+%26+Philippine+Investments%29

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