Interest Rates From A Bank Loan?

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sandwichmaker
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My Filipina friend ( who has 100k pesos saved) wants a further 50k loan so she can buy some land in the visayas. How much would a bank charge? She has a job that pays above minimum wage, but I wouldn't say it makes her middle class. She earns 12k per month and doesn't pay rent since she's living at home.

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Jollygoodfellow
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A quick look at one bank for a personal loan the applicant needs a salary of P120000 a year. https://www.bdo.com.ph/personal/loans/personal-loan

 

BPI Property equity loan, http://info.bpiexpressonline.com/bpiprod/produpd.nsf/Loan+Rates+Updates/HousingLoanRates

 

 Try the self assessment ,  http://www.bpihousingloans.com/selfassessment/housingYour monthly household income should be at least P40,000, 

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