Wednesday, July 16, 2008

Pag-ibig loan computation

Being so much eager to acquire a house through HDMF, I followed a forum about pag-ibig housing loan. I was able to get fresh and useful infos. Aside from that it led me to this site which I think is very much helpful for buyers like me. The tables below is a listing of net incomes and their equivalent housing loan amounts pegged on the loan terms or the number of repayment years. So with this, you can actually have a glimpse of the amount of salary that will be approved for a specific amount of loan.

The two tables below shows the computation of the monthly amortization.


Through this you can now get an idea of the amount of the property you can avail based on your net disposable income and the corresponding monthly amortization. According to some reliable sources, among the four factors used by the Pag-ibig Fund to compute the amount of housing loan that its members may avail of is their monthly net disposable income. So the higher your NDI, the higher amount of loan can be granted by Pag-ibig. Tip: you can understate your monthly expenses to get a higher NDI.

For more information on how to avail a housing loan, visit their website

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Do I need Quinceanera invitations for the house blessing?


2 comments:

MiLeTTe said...

alam mo mhay, kung uuwi sana si jerry mas maganda kung apply sya sa pop, tapos bayaran nyo ung two years contribution (ung maximum contribution ang bayaran nyo). mas mabilis kasi processing sa pop eh. ung sa pagibig sa atrium validation lang ng contri 10 days yata as compared dun sa gil puyat minutes lang.

pero dyusme, nung kinompute ko ung binabayad namin ang interes, double. 1.3M approved namin payable in 15 years. kung tatapusin namin ung 15 years ung 1.3M, 3M na. ang laki ng tubo nila grabe! kaya sabi ko kay joseph dapat targetin namin in five years bayad na tong bahay namin dtio sa marikina. lugi eh.

gladys said...

hi,
i just wanna inquire how much the equity if i will get the housing loan worth 30years amounted 400k?pls send me information at gladys_pocot1@yahoo.com. thanks for the help