Real Estate Mortgage Loan

REAL ESTATE MORTGAGE LOAN

More than a roof over your head, AFPMBAI will help you realize your dream home where your family can reside in peace and love within a safe, harmonious community. Apart from being a sound investment, you can leave this property as a legacy for your family.

  • For purchase of a lot, house and lot or condominium unit (completed), for purchase of a lot and house construction, for house renovation and payment of real estate/housing loans in other institutions
  • Easy and affordable payment up to 20 years
  • Loan amount is based on the following, whichever is lowest:
    •  70% of collateral’s appraised value
    • Actual requirement
    • Paying capacity

INTEREST RATE

Up to P200,000                                             5.5%

More than P200,000 up to P500,000            8.0%

More than P500,000 up to P1M                    9.0%

More than P1M up to P3M                            10.0%

More than P3M up to P5M                           11.0%

PAYMENT TERMS

25 – 46 years old             To be paid in 20 years

47 – 50 years old             To be paid in 15 years

51 – 55 years old             To be paid in 10 years

56 – 59 years old             To be paid in 5 years