MANILA, Philippines – If you’re wondering how much your monthly amortization will be for a home you’re looking to buy, you’ll find a home loan calculator very helpful.
A home loan calculator computes the monthly amortization based on your inputs on different variables like type of home, interest rate, down payment and loan term.
Below is a home loan calculator from mass housing game changer Deca Homes. Deca Homes started building communities in 2002 in Davao and expanded to different provinces in Luzon and Visayas in a span of seven years. A mid-rise condominium, 8990 Tower is now in the works in the metro.
Deca Homes offers both in-house financing called CTS Gold Financing at 11 percent interest rate and Pag-ibig Fund home loan at 6.5 percent. Use the calculator below to find out not only your monthly amortization but also the type of home loan that will work best for you.
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