Basic things about housing loans you need to know

MANILA, Philippines – When purchasing a home, you need to understand how housing loans work. But the subject is often intimidating, especially to first-time home buyers. Many people think it is complex, with all the math and legal mumbo jumbo involved.

Don’t worry, because to give you an idea of how housing loans work, here’s an infographic to guide you through some basic concepts you’ll encounter as you try to get your home purchase financed.

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