Hello
Guys. Here's a very informative article I consulted regarding Home Loan
Rates in the Philippines taken from the website Pinoy Money Talk.
Though its dated 2011, it will still teach you the basics about bank
home financing. Enjoy!
Housing Loan interest rates in the Philippines
The
battle for low housing loan rates in the Philippines is on. In the
previous months, I’ve seen a variety of advertisements by local banks
aggressively promoting their discounted home loan rates.
Here is a list of housing loan rates offered by Philippine banks.
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% |
