Posts Tagged ‘loans’

Making enough money?

As gasoline prices increase, everything else goes up with it, and often times commodity prices goes up faster than some people’s income. So what is to do? A lot would depend on borrowing from relatives and friends or on payday loan. And the most logical thing one would do is to budget the expenses to get things to fit in the income. While it is true that one should make a plan on where the hard earned income would go, it is not always working to just do that. 

What if the expenses at its most stripped down cost, like the basic needs for food, shelter and clothing, plus utility bills, cell phone load and others is more than the money you make? 

The best thing to do is to find means to make extra income, and earn more, to be able to buy the things you need and want. A lot of opportunities are out there to make it happen, one can take an extra job part time, or buy and sell items like gadgets or just whatever you would enjoy selling.   

My sister for instance would go to a mall where there are pre-owned mobile phones are for sale.  She would go around and see what’s on for sale, negotiate for a low price after testing the item and buy it. She would then use the item to test it for herself and start selling it on ebay or post in a forum or classified ads, doing this, she makes an extra $200-$400 dollars a month.   

There really are a lot of ways to skin a cat in as much as there are so many ways to make extra money.  Simply decide to do it!

Bank Financing Charges for Real Estate Loans

How much are the Bank Fees when you make a real estate loan in the Philippines? 

These are what the loan charges are like for a P1 Million Housing or Condominium loan. 

 woodland-hills-dmci-homes.jpg

The following are estimates only. 

SCHEDULE of LOAN CHARGES 

  1. Mortgage Redemption Insurance Premium Php 5,800
  2. Fire Insurance Premium (FIP) P 1,100
  3. Mortgage Registration Fee P 9,000.00
  4. Processing and Notarial Fees P 3,500
  5. Doc Stamps on Promisory Note P 5,000 

   Total Charges: P24,000.00 

I got this from the Bank Financing Seminar held at Celebrity Sports Club conducted by DMCI Homes, Inc. with UCPB V.P  Yolanda De Claro.

I will share about the Pre-Qualification requirements in the following post for Real Estate Bank Loans. Stay tuned… 

Start Slide Show with PicLens Lite PicLens
Faith Comes By Hearing.com
%title%
Powered by WordPress | Designed by: Free MMORPG | Thanks to MMORPG List, VPS Hosting and Video Hosting
A
eXTReMe Tracker