Fri
9
Oct
SSS Philippines

For the benefit of those who are really interested to avail of the SSS OFW housing loan program, I would like to add up additional information. This hopes to make it easier for SSS members to understand about their finance.

If you are asking what is the interest rate of the loan? This post is just perfect for you. I just won’t make it to be that long. Read below the details.

  1. Up to P300,000.00 – 9% p.a. fixed for the term of the loan.
  2. Over P300,000.00 up to P500,000.00 – 13% p.a.
  3. Over P500,000.00 up to P1,000,000.00– 14% p.a.


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Time:
Friday, October 9th, 2009 at 6:10 PM
Category:
Loan Inquiry
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4 Responses to “OFW Housing Loan Interest Rate”

  1. marilou golong franco Says:

    what is the requirments to file a ofw housing loan?because i’m a voluntary member of sss.so i please see my contribution if i’m qualified for housing loan.tnx

  2. Ernesto Dela Cruz Says:

    If I qualify for 1Million loan and the interest is 14% per annum, how do I calculate the total amount that I have to pay? Is it as simple as 1M x 14% equals 140K (added to the 1M) for a total of 1.4M payable monthly throughout the agreed years of payment? (Example: 1,140,000 divided by, (say, 15 years to pay), 180 months or 6,334 per month?

    Please clarify.

  3. Ernesto Dela Cruz Says:

    Correction: … for a total of 1.140M payable monthly…

  4. noer i. serapio Says:

    gud am isa po akong seaman gusto ko po sanang magloan ng housing loan paano po ba at ano po ang requirement 4 years na po ako sa shipping company na inaalisan ko. gusto ko po sanang malaman kung paano po magprocess.

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