Ask Geri: Bakit Lumaki Yung Bayad ko sa Home Loan Dahil sa Repricing? Aakyat pa ba ang Interest Rate ng mga Home Loan?

Posted Leave a commentPosted in Credit Cards, Economics 101, Financial Literacy, Home Loans, Ask Geri, Auto Loan, Credit and Loans, Personal Loans, Economics, Personal Finance

Hi Geri, Katatapos lang ng repricing ng home loan namin. 1-year repricing kasi kinuha namin last year. Pero tumaaas ng higit P1,000 yung buwanang hulog namin ngayon. Bakit ganun? 🙁 […]

Advertisements
Advertisements
Share the richer life:

Inflation: Passive Expense and How Much Just To Keep Up?

Posted Leave a commentPosted in Economics 101, Passive Income, Reflections, Financial Literacy, Economics, Personal Finance, Daily Life

Juan’s PHP1,000 in 2006 should be PHP1,395 in 2014 just to get by, keep up with inflation and retain the same purchasing power for the same level of expenses. With rising needs and standards of living (hence more expenses) and more mouths to feed, keeping up with inflation is not enough. A 40% return in 8 years is then, not enough. Now do your own math.

Share the richer life:

Get a Home Loan Soon(er); Loan-to-Value (LTV) and Interest Considerations

Posted 6 CommentsPosted in Economics 101, Suggested Readings, Condominium / House & Lot, Credit and Loans, Personal Loans, Economics

BSP is planning to lower and tighten the LTV cap to 60%, which means future borrowers will have to shell out higher DP at 40%. This effectively makes the target market for home loans smaller since not everyone can easily afford a 40% DP.

Share the richer life: