monthly amortization

Table of amortization factors updated with low home loan rates

by Jay Castillo on April 11, 2011 · 3 comments

With a number of banks offering very low home rates as low as 5.75%, it’s just logical that I also update our amortization factors table to include these annual interest rates, and I did just that! Incoming search terms: amortization factor table, bank factor rate table, PAGIBIG MONTHLY AMORTIZATION FACTORS, metrobank factor rate, amortization table [...]

Low home loan rates – what you need to know before it’s too late

by Jay Castillo on February 24, 2011 · 29 comments

in Financing, Real Estate Investing

Have you seen the low interest home loans being offered by a few banks out there lately? Several months ago, the lowest home loan rate I have seen was 5.99% per year. Now, it is even lower at 5.75% (turns out 5.88% is no longer the lowest home loan rate available). Personally, I believe these are the best [...]

Instant gratification versus delayed gratification

by Jay Castillo on November 15, 2010 · 28 comments

in Financial literacy, Managing Finances, Real Estate Investing

After inspecting a bunch of foreclosed properties recently, I was to drop-off my real estate broker at her house. Her grandson who was around 7 years old, approached us after I parked, while we were still inside my car. He signaled me to open the window, which I did, and he noticed I was using [...]

How to compute for Net Operating Income or NOI and find good investment properties

by Jay Castillo on October 18, 2010 · 10 comments

in How to do the Numbers, Real Estate Investing

In my previous posts about Maximum Allowable Offer (MAO), After Repair Value (ARV), and Cost Factor (CF), we determined these numbers for properties that we intended to flip for a profit. This time around let’s determine another number that is more applicable to income generating properties like multi-door apartments, which are obviously better kept for [...]

Buy income generating assets first

by Jay Castillo on November 27, 2009 · 29 comments

in Real Estate Investing, Reflections of a real estate investor

While I have said in the past that it would be great to buy a house and treat it as an investment, I want to take it a step further. What if instead of buying a house outright, one would first buy an income generating asset that would generate positive cashflow and help take care [...]

Our journey to our new house – Finding a new home like true real estate investors

by Jay Castillo on November 20, 2009 · 29 comments

in Real Estate Investing, Site Updates

My wife who has become so obsessed with finding a new house we can call our home shares updates on what we are thinking of doing with our old house that was devastated by Ondoy, what things to consider, our target locations, finding not just a house but also a sound real estate investment by [...]