Asia United Bank and AUB: They're the Same Bank
If you landed on this page looking for a comparison between two separate lenders, here's the key fact: Asia United Bank is AUB. AUB is simply the brand's commonly used abbreviation and trading name. There is no separate "AUB" entity with different rates, terms, or loan products — they are one and the same institution regulated by the Bangko Sentral ng Pilipinas (BSP).
That said, this is actually a common search query, and it tells us something important: many borrowers are actively researching their home loan options and looking for better rates. If that's you, you're in the right place — just with a slightly different question to answer: How does AUB's home loan compare to other Philippine banks?
AUB Home Loan: What You Need to Know
AUB offers home loans for property purchase, house construction, and home improvement. Here's a general overview of their typical home loan parameters:
| Feature | AUB Home Loan |
|---|---|
| Loan Amount | From 500,000 up to 80% of appraised value |
| Loan Term | Up to 20 years |
| Fixed Rate Period | 1, 2, 3, or 5 years (then subject to repricing) |
| Indicative Interest Rate | Typically 7.00%–9.00% p.a. depending on fixing period |
| Processing Fee | Varies; typically charged upfront |
| Penalty for Early Payment | May apply within the fixed-rate period |
Important: AUB's published rates are subject to change and vary by loan amount, fixing period, and borrower profile. Always request a formal loan offer before making any decisions.
How AUB Compares to the Broader Market
Since AUB and Asia United Bank are the same lender, the more useful comparison is AUB vs. competing Philippine banks. Here's how AUB's typical home loan rates stack up against what's available in the market today:
| Lender | Typical 1-Year Fixed Rate | Typical 3-Year Fixed Rate | Max Loan Term |
|---|---|---|---|
| AUB | ~7.50% p.a. | ~8.00% p.a. | 20 years |
| BDO | ~6.50% p.a. | ~7.25% p.a. | 25 years |
| BPI | ~6.25% p.a. | ~7.00% p.a. | 20 years |
| Security Bank | ~6.75% p.a. | ~7.50% p.a. | 20 years |
| Best via Nook | From 5.99% p.a. | Competitive | Up to 25 years |
Rates are indicative and market-sourced. Your actual rate will depend on your loan amount, property type, and credit profile.
If you're curious how AUB compares to digital-first lenders, see our AUB vs CIMB home loan comparison for a deeper dive into those two options.
The Real Savings Opportunity: Refinancing Away from AUB
If you currently have a home loan with AUB at a rate of 7.5% or higher, refinancing could save you a significant amount over the life of your loan. Here's a concrete example:
| Scenario | Current AUB Loan | After Refinancing via Nook |
|---|---|---|
| Loan Amount | 3,000,000 | 3,000,000 |
| Interest Rate | 7.50% p.a. | 5.99% p.a. |
| Loan Term | 20 years | 20 years |
| Monthly Payment | ~24,100 | ~21,500 |
| Monthly Savings | — | ~2,600 |
| Total Interest Saved | — | ~624,000 over 20 years |
That's over 600,000 pesos in potential savings — and Nook's refinancing service is completely free to the borrower. Nook earns a referral fee from the bank, not from you.
When AUB Might Still Make Sense
AUB isn't a bad lender — they're a legitimate, BSP-regulated commercial bank with a growing retail banking presence. They may be the right choice if:
- You have an existing relationship with AUB and they offer you a loyal customer repricing rate
- Your property is in a location where other banks have stricter appraisal policies
- You prefer a bank with physical branch access in your area
- AUB has already approved your loan and the rate is competitive after negotiation
However, if you haven't compared AUB's offer against at least 3–5 other lenders, you may be leaving money on the table. That's exactly what Nook does for you — for free.
How Nook Helps You Find the Best Rate
Nook is the Philippines' first digital mortgage broker. Instead of approaching each bank individually, you submit one application and Nook shops your loan across its panel of partner banks — including major lenders like BDO, BPI, Metrobank, Security Bank, and more.
- 100% free — no broker fees, no hidden charges to the borrower
- One application — no need to visit multiple banks
- Fastest available rates — including refinance rates from 5.99% p.a.
- Expert guidance — Nook's mortgage advisors help you compare apples to apples
Whether you're looking to refinance an existing AUB loan or comparing lenders before your first purchase, Nook gives you the full picture. You may also want to explore how other bank pairs stack up — for instance, our DBP vs UCPB home loan comparison shows how government-backed and mid-market lenders differ on rates and eligibility.
Not sure which bank suits you?
Nook compares offers from 15+ banks for free. See your personalised options.
Compare My Options →Frequently Asked Questions
Is Asia United Bank the same as AUB?
Yes, Asia United Bank and AUB are exactly the same institution. AUB is simply the abbreviated brand name for Asia United Bank. They operate under a single BSP banking license and offer the same home loan products, rates, and terms.
What are AUB's current home loan interest rates?
AUB's home loan rates are subject to change, but typical indicative rates range from around 7.00% to 9.00% p.a. depending on the fixing period (1, 2, 3, or 5 years) and the borrower's profile. You should request a formal Loan Offer from AUB directly for an accurate, personalized rate.
Can I refinance my AUB home loan with another bank?
Yes, you can refinance your AUB home loan with any participating bank, provided your property meets their appraisal criteria and you qualify based on income and credit profile. Through Nook, you can compare refinance offers from multiple banks and potentially lower your rate to as low as 5.99% p.a. — with zero broker fees.
How much can I save by refinancing away from AUB?
The savings depend on your outstanding loan balance, remaining term, and the rate difference. For example, refinancing a 3,000,000 peso loan from 7.50% to 5.99% p.a. over 20 years could save you approximately 2,600 pesos per month and over 624,000 pesos in total interest over the life of the loan.
Are there penalties for refinancing out of an AUB home loan?
AUB may charge prepayment penalties if you settle your loan within the fixed-rate period. The exact penalty amount and conditions should be outlined in your original loan agreement. It's important to factor these costs into your refinancing calculation — Nook's advisors can help you determine whether refinancing is still worth it after accounting for any exit fees.
Does Nook charge a fee for helping me refinance my AUB home loan?
No. Nook's service is 100% free to the borrower. Nook earns a referral fee from the bank when your loan is successfully processed, so you get expert mortgage brokering at no cost to you.
Which banks can I refinance to through Nook?
Nook works with a panel of leading Philippine banks and lenders. This typically includes major banks such as BDO, BPI, Metrobank, Security Bank, and others. Nook submits your application to the most suitable lenders based on your profile and finds you the most competitive rate available.