Housing Loan - Short term repricing or long term fixed rate?

**Little Missy** · October 17th, 2019 09:02 AM

I also have a loan sa Pag-ibig at 6% (20 more years to go) at iniisip ko bayaran siya within the next 5 years.

Kung sa bank or stocks kasi nakatengga savings ko, tapos may binabayaran naman akong interest na 80k/year eh di parang wala din. Unless siguro gamitin ko sa business na kikita ng malaki.

Sent from my HUAWEI VNS-L31 using Tapatalk

**_Qwerty_** · October 17th, 2019 09:05 AM

buti nga ngayon mababa na interest.. nung 2006 ako nag loan sa pag ibig nasa 12% pa non.. paid it in 7 years.... laki din nang interest..

**EQAddict** · October 17th, 2019 04:15 PM

go for the yearly repricing......the low interest rates now wont be doubling anytime soon.....

Sent from my SM-N975F using Tapatalk

**jut703** · October 17th, 2019 09:28 PM

Originally Posted by EQAddict

go for the yearly repricing......the low interest rates now wont be doubling anytime soon.....

Sent from my SM-N975F using Tapatalk

Mine did. 4.75% last year, 8.8% this year.

Been trying to get lower rates for 2 months now. Lowest they've offered is 7.2% but it's still an outright ripoff because new customers are being offered 6%. Other banks have even offered me 5.8% for 3 years but I can't transfer because the transfer fees outweigh the savings.

Still trying a last ditch effort if they can at least match the 6% for 1 year, but if not, will have to settle for the 7.2% and hope that next year's rate will be lower.

Sent from my SM-G950F using Tapatalk

**_Qwerty_** · October 18th, 2019 09:58 AM

late 90s early 2000s tanda ko mga in house nasa 18%.. sarap na umutang ngayon.. ang baba na interest..

**Syuryuken** · October 27th, 2019 03:14 PM

mine is 3% pero hindi housing loan kundi "LAND PURCHASE LOAN" naka declare.

**carxynogen** · July 13th, 2020 06:42 PM

Just an info for those who are planning to get Pag-ibig loan.
https://www.pagibigfund.gov.ph/2020n...#july102020_14

Also, question sa mga nakapag loan na using fixed interest.
Let's say 3 yrs fixed interest at 6.375% yung kinuha nating for a 15 yr loan.
After 4th yr, just in case mag decrease ang rate to 5%, magiging 5% din ba makukuha natin na rate from 4th yr (floating rate)?

May nabasa kasi ako somewhere na kung ano yung initial interest mo, the repricing period will always give you interest rate greater than your current interest (probably around +1.5%).

**papi smith** · July 13th, 2020 10:24 PM

Originally Posted by jut703

Mine did. 4.75% last year, 8.8% this year.

Sent from my SM-G950F using Tapatalk

Ang laki Ng jump.ah, I don't remember benchmark rates rising this high, though I did notice BPI raising time deposit rates from 4% to 6%, but that was just for month only I think, and then they dropped it immediately