Sir, when it come to money... try to compute all the amounts you will pay after 5years... see kung saan pinaka mura dun ba sa 5k or 120k downpayment and if justifiable ba ang difference nila...

Also, try to see also sa mga banks hingi2 ka ng qoute sa kanila.... tapos compute mo din for 5 years saan mas mababa...
Ang goal ko lang dito is to make you decide which payment scheme you are comfortable, low dp with high monthly or high dp with low monthly... and also which is cheaper after 60months payment....

Compute mo lang like below:
- DP
- monthly x 60
- mortgage
- insurance x 5 years
- etc.

Pag may free 5k or 10k, isama mo na rin as negative kasi it will offset sa payment mo.... do that to all of your choices and see saan ka convenient and swak sa budget...

I hope it helps...


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