Way Of Filing Public Housing Credit To Approved Parties Banking And Keep The Installments On Time

Way Of Filing Public Housing Credit To Approved Parties Banking And Keep The Installments On Time - We know that having your own home is the dream of every citizen, but in the middle of this current economic conditions, it's hard to realize it. One step that can be reached is through the people's Housing loan program. The existence of Credit programmes that public housing is actually very helpful in realizing our dreams. 

Way Of Filing Public Housing Credit To Approved Parties Banking And Keep The Installments On Time

It really isn't difficult to apply for public housing Credit, but the main thing we should measure is our ability to conduct credit installment that will be running long enough, earnings that we can each month cannot be fully to pay installment due credit needs of households that the higher current is sometimes not enough compared to the income that we can each month. So actually we should be smarter in arranging finance for all household needs remain unfulfilled.

Way Of Filing Public Housing Credit To Approved Parties Banking And Keep Timely Installment Is As Follows:

In purchasing a home, let us really consider all aspects of the good of the environment, comfort, price, soil conditions, and so on, as in this case of course we will be placed in a long time. Comfortable and spacious home is the dream of every human being, but not least we spend funds to realize the dream. Here's how the filing of subprime mortgages and the reasoning.

1.   Learn About Housing That Will Be Purchased And Measure Our Ability

The first thing in filing Credits public housing target home is knowing we are going to ask the housing credit, it is becoming the main, because we will occupy the House for a long period and whether through home ownership status developers, buy sell individuals, or more. The next measure of ability to pay in installments every month and look for tau purchase price would we ask a MORTGAGE. The following is an example of the calculation of the ability to pay monthly installments based on the price of the cash home to buy.

A Fixed Monthly Income : U$D 210,07.
The Proposed Home Prices : U$D 14.004,41
Advance payment required 15% of the purchase price : U$D 2.100,66
Suppose The Interest Rate Credit Filings Per Year : 6.00%
If the period of time required : 15 Year (Comparison of 10 year Tenor)

Example Calculation With a 15 Year Tenor Is :
Looking For The Total Instalment Interest :
  • Formula : Principal Credit x Interest a Year x Tenor a Year
  • : U$D 11.903,75 x 6% x 15
  • : U$D 10.713,38
Looking For A Total Monthly Installment :
  • Formula : Principal Credit x Interest / Amount Tenor (Mount)
  • : U$D 11.903,75 + U$D 10.713,38 = U$D 22.619,25
  • : U$D 22.617,13 / 180 Mount (15 Year)
  • : U$D 125,65
So The Amount Of Monthly Installment : U$D 125,65 /Mount (During 180 Mount)

Example Calculation with a Tenor of 10 years Is :
Looking For The Total Instalment Interest :
  • Formula : Principal Credit x Interest a Year x Tenor a Year
  • : U$D 11.903,75 x 6% x 10
  • : U$D 7.142,92
Find The Amount Of Monthly Installment :
  • Formula : Principal Credit x Interest / Amount Tenor (Mount)
  • : U$D 11.903,75 + U$D 7.142,92 = U$D 19.047,79
  • : U$D 19.047,79 / 120 Mount (10 Year)
  • : U$D 158.69
So The Amount Of Monthly Installment : U$D 158.69 /Mount (During 120 Mount)

Once we know the calculation of installment credit that has to be our responsibility, we can judge for yourself whether it can afford to pay the installments above match the tenor of which we choose, and we can meet down payment (Cash Advance) as the purchase price of the home related Credits public housing submission. This is the main thing we have to consider the future for smooth the bank as well as to our own before asking the KPR.

2.   Do Saving Income Each Month To Spare His Installment

Do saving income do we make routine each month not one disadvantage for us, on the contrary will be helpful in solving our financial problems. In the journey of life, we can not know what problems will be encountered in the future later, would certainly be a great many urgent needs that may require us to use the revenue that we have been in need each month. Such a situation, Saving the very useful Income to cover budgetary chaos happens.

3.   The Completeness Of The Documents And The Data Yourself Potential Borrowers

The second thing that must be determined is the completeness of data documents themselves potential borrowers itself such as Id Cards, family card (KK), Licenses, NPWP, Receipts and selling related our efforts, for working in a company naturally also required letter Description income, etc. We recommend that you prepare the data yourself from now on, as often happens in this biography most new people will equip it on when needed, it is much evident at the moment want to ask a credit or other new conditions will take care of the completeness of the data ourselves.

4.   The Length Of Time Worked If We Employees Of An Enterprise

Things to watch out for is the long time working, because banking is usually requires a minimum of 2 years working period to apply for public housing through the discounted credit salaries (payroll).

5.   Prior To Credit Loan History

The prospective customer before filing a Credits public housing is certainly should pay attention to history and devotion when accessing credit. Because it takes part into consideration before giving the bank credit. The accuracy of pay installment it is very important for banking. Because the BI requires to banking to do checks apply to all existing credit.

So about our previous credit history will be recorded and accessible banking party to assess the feasibility of granting Credits public housing. Keeping a good name in the credit history that is to perform timely installment will greatly benefit us to credit approvals we ask.
6.  Credit Konsulltasi Need To Do

Potential borrowers before doing this, Credits public housing should consult both to family, close friends, as well as its own banking parties in order to provide input related to filing the Credits public housing, let us first deal with credit banking is certainly still confused in the process of credit and we can get an overview of related specifications of the home that can be purchased in accordance with the revenue that we get as well as the correspondence of the House that would later become the guarantee of banking party.

7.  Always Open And Share The Problems That Are Being Encountered

Prospective clients in filing Credits public housing, should be able to come clean to the banking with the condition at hand to be able to look for the solution of related problems. It's not just before filing a credit, but when we have become any customer should still be open and related consulting and financial problems faced by installment.

So the tips submission public housing Credit to approved parties banking and keep the installments on time. Thank You For Visiting .. !!