It's that time of the year again wherein we pen down our new year's resolution! If you're a homemaker or a breadwinner, a singleton living independently or a young couple about to get married, resolve to invest in your own home this coming year and allocate that rental budget to invest in a house that will suit you. Why rent when you can buy your own?
Ms. Celyn Sta. Ana, SVP Retail Mortgage Division of BPI Family Savings Bank says, “There is nothing wrong with renting but what we want you to rethink is, 'why rent when you can buy your own home?' Interest rates for housing loans have continuously been low. A PHP 15,000.00 monthly rental fee is already equivalent to a monthly amortization payment for a Php2Million peso loan. It’s about time for Filipinos to start owning their own homes because now they can afford it."
