Bucket List: Fully Paid First Home Loan

Posted 2 CommentsPosted in Home Loans, Credit and Loans

Just want to share the good news. Fully paid my first home loan this week. Got it in 2010, originally for 15 years tenor, done in 6 years. It’s just a humble abode though so loan amount is not too big to begin with. Part of the plan. Still, happy graduation! Thank you Lord!

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Ask Geri: True Cost of Borrowing (Part 2): Diminishing Balance Amortization

Posted Leave a commentPosted in Home Loans, Ask Geri, Auto Loan, Credit and Loans, Personal Loans, Personal Finance

Not all loan providers offer this option. But from time to time I encounter this option especially for mortgage / home loans. If Juan is presented such an option and s/he can afford the amortization using diminishing balance, s/he should go for it to save some more on interest payments.

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Step By Step Guide on Land Title Transfer in the Philippines

Posted 1 CommentPosted in Investments, Home Loans, Credit and Loans, Real Estate

Wrote the posts based on my personal experience when I solely handled the title transfer of the house and lot we bought way back then. I have observed that many still inquire about the steps, requirements among other things, maybe because Pinoys prefer to do this processing on their own, instead of outsourcing it to brokers, agents etc whose actual day job is to transfer titles.

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