Thursday, August 7, 2014

Pag - ibig Fund
Pag - ibig offers a convenient way to finance a housing loan for filipinos. This write up will somehow give you a guide of how much can you borrow from Pag - ibig Fund. The video gives an overall view of the amount available while the succeeding tables provide specific guides based on monthly contributions and loan amount.
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In table format, shown below is the required monthly contribution from a borrower  and the corresponding loan available for a house.
Required Contribution
Here is a table  of gross monthly income required  for a pag - ibig loan. Say for 30 years amortization period of P 500,000.00 Loan Value, the required Gross Monthly Income Required is around P 10,467.43.cheap house for sale
Gross Monthly Income Required
Good luck on your housing loan application.
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