Overview
Owning a home is a significant goal for many Filipinos, and while rising real estate prices can be a challenge, housing loans can help make it more achievable.
Some reasons you should buy a house include gaining financial security, investment potential, long-term stability, building equity, and taking advantage of tax benefits.
Pursuing homeownership is a worthy goal that offers many benefits, making it a strategic move for your future.
Owning a home is more than just a milestone—it’s a smart investment that secures your future. With the Philippine real estate market booming and the residential sector reaching a projected volume of US$5.82 trillion, now is the perfect time to consider buying a house.
As urbanization accelerates and the middle class grows, demand for affordable housing continues to rise, making homeownership a valuable long-term asset. Whether you’re looking for financial stability, a place to call your own, or an investment opportunity, there are various reasons why you should buy a house—bringing lasting benefits to your future.
Unlike renting, where your monthly payments contribute to someone else’s investment, owning a home allows you to build equity and grow your assets. It provides financial stability by shielding you from unexpected rent hikes that could strain your budget.
Making the shift from renter to homeowner means investing in your future rather than just paying for temporary shelter. Each mortgage payment brings you closer to full ownership.
Additionally, it locks in your housing costs, ensuring predictability in your budget. A housing loan from the Bank of Makati can make this goal more attainable, offering flexible financing options tailored to your financial profile. With loan amounts ranging from ₱300,000 to ₱10 million, we provide solutions that fit your budget and help you take a crucial step toward financial independence.
Real estate remains a proven investment, as property values appreciate over time. This enables you to build long-term wealth, benefiting from capital gains when they decide to sell.
With the Bank of Makati’s affordable housing loan in the Philippines, you can secure properties with strong growth potential while keeping your finances manageable. We offer financing of up to 80% of the appraised value, reducing the upfront cost and making real estate investment more accessible.
Our competitive interest rates and flexible payment terms of up to 20 years ensure you can manage your mortgage comfortably while maximizing your property’s value.
A fixed-rate mortgage keeps your monthly payments consistent throughout the loan term. Unlike renting—where landlords can increase prices based on market conditions—owning a home protects you from rising rental costs, making it easier to budget and plan.
This predictability reduces financial stress and enables you to focus on other priorities, such as saving for the future or investing in education. At Bank of Makati, our housing loans come with fixed interest rates, ensuring your payments remain steady, and giving you the confidence and control to build a secure financial future.
Every mortgage payment increases home equity, which is the difference between your property’s market value and your remaining loan balance. It enables you to build an asset that grows, unlike renting which doesn’t offer long-term financial benefit.
Your home equity can serve as a valuable financial resource, giving you access to funds for home improvements, education, or future investments. With our housing loans, each payment moves you closer to long-term financial security, making it an investment and a step toward financial freedom.
Our accessible eligibility requirements help more Filipinos achieve their dream of owning a home while building lasting wealth.
Owning a home in the Philippines comes with valuable tax advantages, including mortgage interest deductions that can help lower your overall tax burden. These deductions make homeownership more financially manageable, allowing you to save money while investing in your future.
First-time homeowners may also qualify for additional exemptions and deductions, making it even easier to afford a home. With our housing loan, you can fully leverage these tax benefits to improve your financial standing.
We require Mortage Redemption Insurance (MRI), which protects your loan against unforeseen circumstances. This added layer of security gives you peace of mind, so you can focus on building a stable and comfortable future in your new home.
There are many reasons why you should buy a house in the Philippines. It provides financial security and long-term stability and allows you to build equity and take advantage of tax benefits, making it a strategic investment for your future.
Make homeownership a reality with the Bank of Makati’s housing loan. Enjoy flexible terms, competitive rates, and a hassle-free application. Contact us today to get started!