Nothing says you’ve made it quite like a Makati Address. Air Residences gives you a privileged lifestyle combining a convenient location with the luxurious comfort of its signature amenities. Located within the Philippines’ premier business and financial district, Air Residences brings you to the doorstep of success.

Living at the heart of Makati means everything is near you. You can now go to your favorite hang out spots, eat at different food districts, enjoy what Makati night life has to offer or go shopping at any mall within minutes.

Affordable Housing Loans You Can Get To Buy a New Condominium

There are a lot of affordable housing loans that you can consider to help you buy the new Condominium you’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.