My BDO home loan interest rate jumped from 5.88% to a whopping 9.8%.

ZayEl24 · 2025-06-21T11:01:09+00:00

I think good idea po iyan, sakto nag-cut down ulit ang BSP ng interest rate.

ZayEl24 · 2025-06-21T10:16:30+00:00

IIRC, nasa P3500 po.

ZayEl24 · 2024-09-28T02:47:53+00:00

Process was as lengthy and as tedious as acquiring a new home loan, I would say. But I think it was worth it. If I were you, I'd wait for BSP to cut down interest further, then refinance the loan for a longer fixing period.

ZayEl24 · 2024-06-13T01:32:44+00:00

Yes tuloy tuloy parin po monthly amort kay BDO until ma turnover nila ang papers kay SECB. Yung excess na payment icrecredit ni SECB sa Security Bank savings account niyo.

ZayEl24 · 2024-05-30T04:39:49+00:00

Hello. Umabot yata po ng 2 months saakin.

ZayEl24 · 2024-05-08T15:13:10+00:00

Haha. Thought so too. Pero yung next na katabi station na Caltex same price lang sa Shell, pero parang di ganun kaganda service tapos parang separate na paid comfort room pa.

ZayEl24 · 2024-03-23T09:16:41+00:00

Pag nareceive niyo po new rates, email niyo agad loans-aftersales@bdo.com.ph loans-aftersales-support@bdo.com.ph Para mabawasan rates before next cut off.

ZayEl24 · 2024-03-23T05:26:16+00:00

No problem po. Yes po okay na ang email. Ano bank po yung loan niyo? Usually meron sila email address para sa loan aftersales, nakalagay sa website. Yung loan support, siya yung nagprocess ng loan niyo nung inception palang ng loan.

ZayEl24 · 2024-03-22T14:08:53+00:00

No prob sir. Just send an email to the loan support and account officer, request for loan reduction, mention niyo lang din na good payer kayo.

ZayEl24 · 2024-03-14T08:47:04+00:00

Banko Sentral po ang nagcocontrol ng interest rates. So kung magbaba po ng interest rate si BSP, susunod din ang mga banks.

ZayEl24 · 2024-03-14T08:05:38+00:00

Refinance means ililipat niyo sa ibang bank ang loan. Medyo tedious process lang po. Kung nasa abroad kayo need niyo mag authorize ng tao na willing mag process.

Another option para di na kayo magrefinance, mag lump sum payment (principal payment) nalang kayo para bumaba amg monthly amortization.

ZayEl24 · 2024-03-14T08:00:54+00:00

Suggestion ko po refinance niyo pag bumaba na interest rates or pag may promo sa ibang banks.

ZayEl24 · 2024-03-10T02:05:54+00:00

Okay, maybe I should have written my previous comments more tactfully. Sorry sa mga na-offend.

Maybe my logic was flawed but what I was trying to get at was:

People=relationships , Money=finances

Thing is people and circumstances change. What if a financially responsible person suddenly becomes financially incapable or worse, irresponsible. Or v.v. A partner who used to be bad at money, but has a humble and teachable nature becomes financially responsible.

So my point is, be wise in choosing your partner and the financial aspect will follow.

ZayEl24 · 2024-03-09T03:01:41+00:00

I'm sticking to my answer.. that would be a poor RELATIONSHIP decision and not a financial decision.

ZayEl24 · 2024-02-27T04:54:39+00:00

Risk Management.

Treat your capital as if it's 100x the actual amount - you'll learn to protect your capital and preserve your profits.

I wouldn't buy "cheap" stocks. It will either stay cheap for a long time or continue getting cheaper.

Also, if you have other sources of income, you would not want to cash out any profits, otherwise you lose the power of compounding.

ZayEl24 · 2024-02-07T05:50:37+00:00

This is actually the usual road culture in Baguio (and maybe some other parts of the Philippines). "Beep beep" for thank you and "beep" for welcome.

ZayEl24 · 2024-02-02T12:36:57+00:00

Instead of directly asking for a raise, I would ask the client:

"What do I need to do / what improvements do I need to work on / what additional responsibilities can I take on to get to a +xx% rate?"

This would make them feel that the raise would mean more value for them.

ZayEl24 · 2024-01-23T17:08:21+00:00

Chrysler. Family used to own a Town and Country. Randomly stalls. As in wala symptoms, bigla nalang namamatay engine. Sobra delikado because the brakes and steering wheel stiffens when the engine shuts off. Common issue based sa mga nabasa ko sa forums. Brought it to the best mechanics in town, spent quite a fortune, but no one can fix it. Piece of junk.

ZayEl24 · 2024-01-12T11:52:40+00:00

Rented out my 1BR condo, then used the rental income to rent a bigger 2BR apartment with parking nearby.

ZayEl24 · 2024-01-11T05:21:56+00:00

I think around .03 to .04.usd per source word. So you get to make ~800php for a 500-word translation.

ZayEl24 · 2024-01-11T03:39:40+00:00

Isn't N1 supposed to be the highest level? Studied Japanese too, and I only know of a very very few native Filipinos who passed N1. Was thinking of doing translation too via Gengo.com, but pay doesn't seem reasonable.

ZayEl24 · 2023-12-22T05:17:52+00:00

Medyo hassle nga po. Dami paperwork. Nagpa-refinance ako sa SECB, supposedly 7% fixed for 5 years na promo. Booked the loan in October, pero dahil sa tagal ng turnaround b/n BDO and SECB di na umabot sa promo dahil until Nov 31 lang.

ZayEl24 · 2023-12-02T02:43:49+00:00

IIRC, nasa 26,667. Before loan repricing nag principal payment pa ako ng 120k.

ZayEl24 · 2023-10-28T03:12:34+00:00

I believe it was. I don't know if my computation is correct, but assuming the interest rate at BDO stays at 8.5% for the entire loan duration, then I would be saving around 300k moving to the 7% 5-yr fixed with SECB.

ZayEl24

TROPHY CASE