Housing loans

**james00112233** · October 4th, 2012 12:45 PM

3years before (mga yr 2009), ano kaya yung rate for fix 3 years? same lang ba ngayon?

**_Qwerty_** · October 4th, 2012 01:05 PM

malaking malaki ang difference before this update..

i remember dati.. based sa amount yung interest rate and hindi sa year..

Originally Posted by james00112233

3years before (mga yr 2009), ano kaya yung rate for fix 3 years? same lang ba ngayon?

**james00112233** · October 4th, 2012 01:41 PM

after 3years (2015), maglalaro pa rin ba sa 7.8% yung interest fixed for 3years? o mas malalaki ng sobra sa 8%?

**_Qwerty_** · October 4th, 2012 01:48 PM

walang nakakaalam nyan.. kahit yung rates na ni post nila.. hanggang Dec. 2012 lang..

Originally Posted by james00112233

after 3years (2015), maglalaro pa rin ba sa 7.8% yung interest fixed for 3years? o mas malalaki ng sobra sa 8%?

**james00112233** · October 4th, 2012 02:46 PM

does this mean na mas maganda kunin eh yung fixed for 30yrs instead of fixed for 3yrs?

**_Qwerty_** · October 4th, 2012 03:12 PM

rates are going down.. so i wouldnt get a fixed rate for 30 yrs..

**Just** · October 5th, 2012 09:14 PM

5years ago, i loaned from a bank, wala silang fixed rate that time so yearly nag iiba int rate ko. my loan was for 10years but after 3years nag full payment na ako kasi every year tumataas, starting int rate that time was 9% nag full payment ako 9.75% na.

**ab_initio** · October 23rd, 2012 02:31 AM

Originally Posted by Just

5years ago, i loaned from a bank, wala silang fixed rate that time so yearly nag iiba int rate ko. my loan was for 10years but after 3years nag full payment na ako kasi every year tumataas, starting int rate that time was 9% nag full payment ako 9.75% na.

Interest should be stated in the contract. They cannot escalate the rate of interest when the contract contains no descalation clause.

**andretti** · October 23rd, 2012 03:02 AM

I have a yearly fixed rate term with Chinabank with my housing loan and based sa personal experience from the last 4 years of paying, yearly bumababa ang interest rates, from 8.5% , 8%, 7.5% and now kaka receive ko lang ng info from them it will just be 7% on my next term... buti di ko kinagat yung 3year fixed term nila dati na 9.5%...