I have accounts on this 2 banks so I decided to compare on which would be more cost effective in terms of interest.
The loan will be used on an apartment building in Cabanatuan City just at the back of Wesleyan University of the Philippines.
We have the budget but a bit short of a mil to start kicking off the project of additional 4 door apartment building.
We are supposed to delay it for another year to boost up our funds and we also thought of getting a loan (haven't done this before). Just looking up some figures on the respective bank's website below are the figures.
BDO
BDO
EASTWEST BANK
This is the computation from East West Bank
East West is a bit high with a few hundreds but I haven't look at yet on the processing side of things which is also a part of the consideration.
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