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Renting may not be helping you save for your dream house

Are you trying to save for your own home while renting? There are a few reasons why renting may be causing delay in meeting your target.

MANILA, Philippines – Renting is often perceived by many Filipinos as a more practical option than buying a house.

One possible reason is that the down payment for a house requires a huge part of your income and it will probably take some time before you finish saving up for the entire amount. The price for a monthly rent, on the other hand, always looks easier to take out from your wallet.

If you’re already determined to buy a house someday and you’re still renting, maybe it’s time to rethink what you’re doing. It might be slowing your efforts down to save up for your dream house. Here are some reasons why that’s possible.

Renting isn't saving infographic

It's easy to own a home at Deca Homes where the lowest down payment is just P30,000 and the lowest monthly amortization is P8,000. Deca Homes have been providing Filipino communities with affordable and quality housing for several years now. Visit www.8990holdings.com to check out their properties and see your options.

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