Experience an exceptional residential Subdivision lifestyle at the heart of Baguio
St. Thomas Estate by Â is a residential Subdivision in Baguio, one of the top cities in Benguet. St. Thomas Estate provides its residents with a lifestyle of privilege that many people can only dream of. Â is yet again breaking the boundaries of residential living by bringing comfort and affordability, ensuring residents live the life they deserve as they create more amazing memories with their families.
These makes getting a unit at St. Thomas Estate worth every cent. Properties within Dontogan area are quite strategically-located that's why owning a Subdivision is a worthwhile investment one can make.
Choosing the right location is one of the first and main factors in deciding when buying or renting a property. St. Thomas Estate is in a prime location in Dontogan, Baguio, within a convenient distance from establishments like schools, churches, malls, offices and restaurants, making a St. Thomas Estate purchase perfect for those starting a family, a student or a professional looking for a place near their work and school.
Affordable Housing Loans You Can Get To Buy a New Subdivision
There are a lot of affordable housing loans that you can consider to help you buy the new Subdivision youâ€™ve been dreaming of.
PAG IBIG Housing Loan (HDMF)
One of the most popular ones is the PAG-IBIG Housing Loan or the Home Development Mutual Fund (HDMF for short), a fund dedicated to the creation and establishment of a national savings program and an affordable shelter financing scheme for Filipinos.
The PAG-IBIG Housing Loan allow members to borrow money from the fund for the purchase of property or for the renovation or improvement of existing properties.
Most of the employed Filipinos have PAG-IBIG accounts because the government requires this to all employers.
Pag-IBIG Fund members can pay off their housing loan for as long as 30 years.
Commercial Bank Housing Loans
There are tons of major banks in the Philippines that offers housing loan with much affordable interest rates than PAG-IBIG.
Housing loan interest rates charged by major commercial banks range from 4.99% to 7.5% for one-year fixed loan period and 7.5% to 9.75% for a ten-year fixed period mortgage. Banko Sentral ng Pilipinas (BSP) has now kept its policy rate at 4.57% for overnight borrowing.
Commercial banks offer loan terms of up to 20 to 25 years, but in some cases, the term might depend on the purpose of the loan.