BPI Step Up Housing Loan Vs. Regular Loan Monthly Dues

Comparison Between BPI Step Up Housing Loan Vs. Regular Loan Monthly Payment

BPI STEP UP HOUSING LOAN – Here is a comparison of its monthly dues versus the monthly amortization under the regular loan offer.

Nowadays, more and more people are realizing the edge of starting early in acquiring a residential property. It is really different to have your own house – you got your own rules, your private space, and it is also an excellent investment. The value of lot only grows through time.

However, undeniably, not everyone is ready to purchase any residential property in cash. Even those individuals who have huge savings often do not consider withdrawing their money for a one-time purchase. Many people are also not ready for what regular loans require.

Meanwhile, the Bank of the Philippine Islands (BPI) has an excellent offer – a loan with a special feature that makes buying a residential property more bearable. Have you heard about the BPI Step Up Housing Loan offer?

The said BPI loan offer features the lowest monthly payment beginning the first year and it slowly steps up yearly but stays within the budget. You can “plan and control your cash-out according to your priorities”.

Here is a comparison with the monthly amortization under a regular BPI Housing Loan if you borrowed P3,000,000.00:

• Regular Housing Loan
  • Year 1 – P35,220.00
  • Year 2 – P35,220.00
  • Year 3 – P35,220.00
  • Year 4 – P35,220.00
  • Year 5 – P35,220.00
  • Year 6 – P35,220.00

• StepUp PayPlan Housing Loan
  • Year 1 – P24,056.00
  • Year 2 – P26,462.00
  • Year 3 – P29,108.00
  • Year 4 – P32,018.00
  • Year 5 – P35,220.00
  • Year 6 – P45,922.00

Do you want to check on the loanable amounts under this offer? Feel free to visit – BPI Housing Loan Step Up PayPlan: How Much You Can Borrow.

This loan offer is open for individual applicants and it is solely open for the purpose of home acquisition. To reach out to the bank, you may visit – Bank of the Philippine Islands.

You might also like to check the downpayment under this BPI offer. You may visit – BPI Housing Loan Downpayment: How Much You Must Prepare under Step Up PayPlan.