Guide on BPI Step Up Loan Downpayment for Housing Loan
BPI STEP UP LOAN DOWNPAYMENT – Here is a guide on how much you must prepare for the downpayment under the Bank of the Philippine Islands’ (BPI) Housing Loan offer.
One of the best purchases you can make is buying yourself and your family a house of your own. It is really different to live under the roof where you have the authority.
When you are renting, you can’t freely make changes on the exterior and interior of the property. Also, an improvement will only cost you but you cannot bring it once you transfer to another property.
Truths be told that not everyone owns a house at 40 years old because not everyone is financially prepared for it. Not everyone has a huge savings that can buy a house and lot.
However, there are options should you wish to really get yourself and your family a residential property. You may apply for loan offers like the housing loan offer of the Bank of the Philippine Islands (BPI).
Currently, BPI has a “Step Up PayPlan” offer for the housing loan. It can assist you in paying the monthly amortizations by starting with the lowest monthly payment.
Do you want to know how much you can borrow under it? You may visit – BPI Step Up Housing Loan – How Much You Can Borrow Under It.
Home and car loans with banks require a downpayment. With regards to the BPI Step Up loan downpayment for housing loan, it is at least 10% of the selling price of the property.
According to the bank, the BPI Step Up loan downpayment will depend on the type of property you wanted to buy. This offer is open for individual applicants and for home acquisition purposes.
Thank you for visiting our website. We hope we have helped you in regards to this matter. You may keep coming back for more informative guides.
READ ALSO: BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI)