06-05-2018, 11:50 PM
I do not have my own house yet, I live in my father's, but now he is already gone. When he got laid off from work, he received a sum of money for his services for the company. What he did was he paid in full the remaining balance in our house. So if I choose to live here for the rest of my life, I would not have any problems whatsoever.
When I get the opportunity to purchase my own, I will try my best not to ask for a loan from a bank. I'd select housing institutions or housing developers instead like Pag-Ibig. Here in our country, interest rates from banks are outrageous and not reasonable enough, and the time frame to pay it off usually is only 5-10 years max whereas, with developers you can have it payable for 20 years.
When I get the opportunity to purchase my own, I will try my best not to ask for a loan from a bank. I'd select housing institutions or housing developers instead like Pag-Ibig. Here in our country, interest rates from banks are outrageous and not reasonable enough, and the time frame to pay it off usually is only 5-10 years max whereas, with developers you can have it payable for 20 years.