Landbank Housing Loan – How Much You Must Pay For Monthly

Guide on Calculating Landbank Housing Loan Monthly Amortization

LANDBANK HOUSING LOAN – Here is a guide on how much you must pay for monthly under this loan offer of the Landbank of the Philippines.

Aside from buying a car, another excellent purchase you can ever make is to buy yourself and your family a house of your own. It is really different if you are living under your own roof.

However, it is true that buying a house in cash is not for everyone. Residential property is a huge purchase and will need a huge amount if done in cash. Meanwhile, you can do it through loans.

Under a loan, you can pay for it monthly. Instead of paying for the rent wherein the property can never be yours, why not apply for a house loan instead?

The Landbank of the Philippines, the top government bank in the country, is one of those that have home loan offers. Its offer is open for the purchase of any of the following:

• Vacant Lot
• House and Lot
• Condominium / Condo Unit
• Townhouse
• Other residential properties

According to Landbank, you may also apply for the loan for the purpose of house construction or refinancing of an existing loan. With regard to the loanable amount, the bank may lend you at least Php 500,000.00.

The said loan offer is open for a Filipino citizen who is at least 21 years old but not more than 65 years old upon the loan maturity. The borrower must be employed or self-employed with a profitable business.

VISIT: Landbank Home Loan – How Much Is the Required Income in Applying

Are you hesitant about the monthly amortization under the Landbank Housing Loan offer? The bank has an online calculator. You have to prepare your target loan amount, desired loan term, and interest rate to check on it.

• Landbank Housing Loan Monthly Amortization Calculator – www.landbank.com.

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 Home Loan – List of Requirements in Applying for It