Guide on How Much You Must Pay For Monthly Under Landbank Home Loan
LANDBANK HOME LOAN – Here is a guide on how much you must pay for monthly under the said loan offer of the Landbank of the Philippines.
Nowadays, a residential property is easier to achieve. It may a vacant residential lot, a house and lot, a condominium unit, a townhouse, or any residential property. It is because several entities offer home loans to the public.
Among these entities are the banks. Private and government banks offer housing loans that can assist the clients in purchasing a residential property. You may enjoy the benefits of living under your own roof while paying for it in monthly basis.
One of the banks that has a housing loan offer is Landbank, the primary government bank in the Philippines. The said loan offer is open to assist a purchase of a residential property provided that you pass the eligibility qualifications and secure approval from the bank.
Most loan offers really have the eligibility qualifications. With regards to the Landbank Home Loan, to be eligible to apply for it, the applicant must be:
- a Filipino citizen
- at least 21 years old but not more than 65 years old upon the maturity date of the loan
- employed or self-employed with a stable source of income
Do you want to know how much you can borrow under the said loan offer? Feel free to visit this page – Landbank Personal Home Loans’ Loanable Amounts (List).
Before applying for the Landbank Home Loan, you may get an idea of how much you will have to pay for monthly under the said offer. It is because the bank has provided an online calculator which only requires the target loan amount, the desired loan term, and the interest rate to know the possible monthly payment.
With regards to the loan term, you may pay for the loan from one (1) to twenty (20) years. To check on how much you must pay for monthly under the Landbank Home Loan, you may visit – https://www.landbank.com/housing-loan-calculator.
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.
READ ALSO: LANDBANK LOAN OFFERS – List of Loans Offered by Land Bank of the Philippines
