One Taft Residences is Cityland’s latest condominium project which is situated in Malate, Manila. It stands at 40-storeys tall and is for mixed use: residential, office, and commercial use. With only a few steps, you will be able to access the university belt. There are also accessible modes of transportation stations, shopping areas, as well as commercial and government offices.At One Taft Residences, residents can use different amenities such as a multi-purpose function hall, swimming pool, and gym. Also, there is a movable playset for kids. No need to worry about security as the entire building is monitored by CCTV cameras as well as by a 24-hour association security. The One Taft Residences offers different rooms from a studio, 1-bedroom, to 2-bedroom. If you avail early, you can get great discounts at pre-selling prices!   Nearby landmarks include: De La Salle UniversityCollege of St. BenildeUP Manila Philippine Women’s UniversitySt. Paul UniversitySt. Scholastica’s College Robinson’s Manila Philippine General Hospital Rizal Memorial Sports ComplexHarrison PlazaAffordable Housing Loans You Can Get To Buy a New CondominiumThere 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 LoansThere 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.