Philippine Lending Banks For Buying Philippine Homes
Banks In The Philippines For
Philippine Housing Loans
Philippine Lending Banks, Philippine Housing Loans
Asian Homes® Realty Services can help our clients
apply for a mortgage, just inform us of your specific borrowing requirements
so we can provide you with the best financing options. Typical annual
interest rates are 11% to 13% with the Philippine banks, and 12% to 16% with
the Philippine real estate developers and their projects. Please note that
these interest rates are a guide only and may vary.
Buyers transaction or closing costs include the
following. Documentary Tax - P5.00 per P1,000 of contract price, or zonal
value or fair market value, which ever is higher. Transfer Tax - P5.00 per
P1,000 of contract price, or zonal value or fair market value, which ever is
higher. Registration Fee - P1.50 per P1,000 of contract price, or zonal
value or fair market value, which ever is higher. The seller is responsible
for transaction closing cost of capital gains tax.
Please find below a mortgage calculator that we trust will be helpful to you
in calculating your loan repayments, plus links to lending banks, together
with the required loan application form for Metro Bank, the Metro Bank OFW
checklist of requirements and information on the Pag-IBIG overseas program,
which we trust will be useful to you when applying for a house loan. To save
either of the forms below you may do so by RIGHT clicking on the relevant
link below with your mouse and select "Save Target As..."