If you already had some target property now but you are planning to avail after 5 years, probably that properties were already sold out and had increased its prices by more than 100%. Why? In real estate we expect a good area will be developed with in 5 years.
You had save millions of money in five years and your target property were sold out and the available units are resale from community at double the price, do you think you become wise with your strategy?
What if, you had availed a good location of unit at the time of it's launching 5 years ago at an installment term, let say 5 years at 8% interest your Loanable price at bank is Php. 1 Million, that would give you around 20,000 per month amortization and a total loan value of 1,200,000 plus.