BPI Step Up Housing Loan – How Much You Can Borrow Under It

Guide on BPI Step Up Housing Loan Minimum Loanable Amount

BPI STEP UP HOUSING LOAN – Here is a guide on how much you can borrow under the Step Up PayPlan loan of the Bank of the Philippine Islands (BPI).

One of the best investments you can ever make is buying yourself and your family a house and lot. Aside from the fact that you get to save money from rent, the value of lot only increases as years pass.

Also, it is a whole lot different when you live under your own roof. You can make all the adjustments or repairs you want so it can be the best place for you to go home to daily.

However, truths be told that buying a house is not that easy. Many people have settled in renting a house until they reached their 40s because purchasing one requires a huge amount of money.

The truth is, there are options. It is better to pay for a loan monthly amortization than to rent. At least, at the end of the loan term, the property is yours.

If you are not ready for a huge loan monthly amortization, the offer of the Bank of the Philippine Islands is perfect for you – the Step Up Housing Loan.

Under the BPI Step Up Housing Loan, you will start with a low monthly amortization which will increase depends on your agreement with the bank. You can choose whether to have its interest rate locked-in for three (3) years, five (5) years, or ten (10) years.

How much you can borrow under the BPI Step Up Housing Loan? According to the bank, the minimum loanable amount is Php 1-million. The offer is open for individual applicants and for the purpose of home acquisition.

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

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