Guide on the Monthly Amortization Under the UnionBank Home Loan
UNIONBANK HOME LOAN – Here is a guide on how much is the monthly amortization under the home loan offer of UnionBank Philippines.
What type of house do you plan to buy? A bungalow? A townhouse? One that looks like a mountain rest house? Surely, most people dream of having a house they can call their own. However, not everyone sees all the possible options to get it.
Some individuals spend their whole lives saving for a house – not knowing that they can actually get it now and enjoy its benefits while paying for it in installment. How is this possible? It is through bank loans.
You may apply for a bank loan like the UnionBank Home Loan. It features fast approval and simple application. To be eligible for the said offer, the applicant must be:
- between 21 to 65 years old
- a Filipino citizen or a former Filipino citizen that is eligible under the guidelines of Batasang Pambansa 185
- employed with a permanent status or self-employed and running a profitable business
Do you want to know how much you can borrow under the said UnionBank loan offer? You may visit – Updated Minimum & Maximum Loanable Amounts.
There is an option if you want to know your monthly amortization under the UnionBank Home Loan. You just to prepare the following information:
- Name of Developer
- Contract Price
- Downpayment
- Interest Rate (8%, 8.25%, 8.75%, 10%, 11%)
- Loan Term
According to UnionBank, the downpayment should not be less than 10% of the contract price. The loan term is between one(1) to twenty(20) years. To check on how much you must pay monthly, visit: http://bit.do/fcys3.
Do you want to apply for the said loan offer? You may visit – How To Apply & Requirements To Prepare.
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: UNIONBANK LOANS – Full List of the Loan Offers of UnionBank
