Pag-IBIG Loans: Interest Rates, Penalties And Defaults, Part 2 of 2

This is the second part on this series of articles about the Pag-IBIG Interest rates, penalties and defaults, as the title clear suggests. In part 1, we mentioned about the going rate of Pag-IBIG Housing Loan. In case you missed it, please click here to read the article. In this article, we’ll touch on the [...]

Pag-IBIG Loans: Interest Rates, Penalties And Defaults, Part 1 of 2

There’s more to loans than just getting the money and paying for it. If you have been a frequent visitor to this website and you are constantly in the look out for new articles, you should already know that Pag-IBIG Loans (both Housing Loan and Multi-Purpose Loan) come with interests. Borrowing Money Comes With A [...]

Mortgage Calculator and Amortization Schedule… Plus, How To Save On Your Loan Payments

In the previous article about amortizations, you learned how to determine the monthly amortization given a particular loan amount, loan term (in years) and interest rate (per annum). It is very important to bear in mind that these three factors primarily determine the scheduled amount of the monthly amortization. This article somehow extends on the [...]