Asia United Bank vs BDO: Home Loan Rate Comparison
Choosing the right bank for your home loan or refinance can save you hundreds of thousands of pesos over the life of your loan. Below is a side-by-side comparison of Asia United Bank (AUB) and BDO Unibank to help you make an informed decision. Note that interest rates are subject to change — always verify current rates directly with the bank or through Nook before applying.
| Feature | Asia United Bank | BDO Unibank |
|---|---|---|
| 1-Year Fixed Rate | ~7.00%–8.50% p.a. (indicative) | 6.00% p.a. |
| Minimum Monthly Income | ~P50,000 (indicative) | P50,000 |
| Typical Approval Time | 45–60 days (indicative) | 30 days |
| Nook Partner Bank | No | Yes |
| Free Broker Service via Nook | No | Yes |
| Loan Purposes Covered | RFO, Reselling, Refinancing | Home Equity, Foreclosed, New Construction, Pre-Selling, RFO, Renovation, Reselling, Refinancing |
| Employment Types Accepted | Private, Self-Employed | Private, Government, BPO, OFW/Seafarer, Self-Employed, Professional |
| Max Debt-to-Income Ratio | ~35% (indicative) | 40% |
Asia United Bank rates and eligibility details above are indicative based on publicly available information and may not reflect the latest offers. BDO rates are verified Nook partner data. All rates are subject to change — verify directly before applying.
Monthly Amortization: What You Could Be Paying
To illustrate the real-world impact of the rate difference, here's how monthly payments compare on a P3,000,000 loan over 20 years at different interest rates:
| Interest Rate | Monthly Amortization | Total Interest Paid (20 yrs) |
|---|---|---|
| 8.00% p.a. (typical AUB range) | 25,093 | 3,022,320 |
| 7.00% p.a. (lower AUB estimate) | 23,259 | 2,582,160 |
| 6.00% p.a. (BDO via Nook) | 21,491 | 2,157,840 |
Refinancing from 8.00% to 6.00% on a P3,000,000 loan saves approximately 3,602 per month — or over 864,480 over 20 years. Even moving from 7.00% to 6.00% saves roughly 1,768 per month. These are meaningful savings that can go toward your family's other financial goals.
Want to see your own numbers? Use Nook's free refinance calculator to find out exactly how much you could save by switching to BDO through Nook.
Who Should Consider Asia United Bank?
Asia United Bank is a mid-sized universal bank with branches primarily concentrated in Metro Manila and key provincial cities. It may be worth considering if:
- You already have an existing relationship or deposit account with AUB and prefer to consolidate your banking
- You are purchasing a specific property project that AUB has a developer tie-up with
- You have explored all other options and AUB offers a promotional rate that matches or beats the competition at the time of application
However, for most borrowers — especially those refinancing — the combination of BDO's competitive rates, broad eligibility, and Nook's free broker service is difficult to beat. It's also worth comparing BDO vs Security Bank home loan rates if you want to explore another strong alternative alongside BDO.
Why BDO Through Nook Stands Out
BDO Unibank is the Philippines' largest bank by assets, and its home loan product reflects that scale — offering broad eligibility, multiple loan purposes, and a streamlined approval process. Here's what makes BDO via Nook particularly compelling:
- 6.00% p.a. fixed rate — one of the lowest available in the market today, verified through Nook's partner bank data
- 30-day typical approval — faster than most mid-sized banks including Asia United Bank's estimated 45–60 day turnaround
- 40% maximum DTI — a more flexible debt-to-income threshold that qualifies more borrowers
- Widest loan purpose coverage — from pre-selling and new construction to home equity and renovation, BDO handles virtually every scenario
- OFW and BPO-friendly — employment types that AUB does not explicitly cater to under its standard home loan product
- 100% free via Nook — Nook charges borrowers nothing; the broker fee is covered by the bank
For borrowers who want to benchmark BDO against another government-backed option, see our BDO vs Landbank home loan comparison for a detailed breakdown.
How the Refinance Process Works Through Nook
Nook is the Philippines' first digital mortgage broker. Here's how refinancing through Nook works:
- Submit your details online — takes less than 5 minutes at nook.com.ph
- Nook shops your profile — we compare rates across our partner banks including BDO to find your best offer
- Receive your personalized rate — no obligation, no hard credit inquiry at this stage
- Nook manages your application — our mortgage specialists guide you through document submission and bank communication
- Get approved and switch — once approved, your old loan is paid off and you start paying the new, lower rate
The entire service is completely free to you as the borrower. Nook is compensated by the bank — not by you.
Not sure which bank suits you?
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Compare My Options →Frequently Asked Questions
Is Asia United Bank a good bank for home loans in the Philippines?
Asia United Bank (AUB) offers home loan products and may suit borrowers who have an existing relationship with the bank or are purchasing properties tied to AUB developer partnerships. However, compared to larger partner banks available through Nook — such as BDO with a verified rate of 6.00% p.a. — AUB's indicative rates tend to be higher and its approval timelines longer. For most borrowers, especially those refinancing, exploring BDO through Nook first is recommended.
What is BDO's current home loan interest rate?
BDO's current 1-year fixed home loan rate through Nook is 6.00% p.a. This is one of the most competitive rates available in the Philippine market today. Note that rates are subject to change — check nook.com.ph or contact Nook directly to verify the latest rate before applying.
Can I refinance from Asia United Bank to BDO?
Yes. If your current home loan is with Asia United Bank and you want to refinance to BDO for a lower rate, Nook can manage the entire process for you at no cost. Nook will handle the documentation, coordination, and application on your behalf. As long as your property title is clean and you meet BDO's eligibility requirements (minimum P50,000 monthly income, max 40% DTI), you are likely a strong candidate for refinancing.
How much can I save by refinancing from Asia United Bank to BDO?
Savings depend on your current rate, loan balance, and remaining term. As an example: on a P3,000,000 loan with 20 years remaining, refinancing from 8.00% to BDO's 6.00% p.a. saves approximately 3,602 per month — or over 864,480 in total interest. Even if your AUB rate is closer to 7.00%, switching to 6.00% still saves roughly 1,768 per month. Use Nook's free calculator to get an estimate based on your specific loan details.
How long does BDO home loan approval take?
BDO typically approves home loan applications within 30 days when all required documents are submitted correctly. Nook's mortgage specialists help ensure your application is complete and accurate before submission, which reduces the risk of delays. This is notably faster than Asia United Bank's estimated 45–60 day turnaround.
Does Nook charge a fee for refinancing?
No. Nook's mortgage brokering service is completely free to borrowers. Nook is compensated directly by the bank when a loan is successfully placed. You get expert guidance, rate comparison across multiple banks, and full application support — all at zero cost to you.
What employment types does BDO accept for home loans?
BDO accepts a wide range of employment types including private sector employees, government employees, BPO workers, OFWs and seafarers, self-employed individuals, and licensed professionals. This makes BDO one of the most accessible banks for home loans in the Philippines. Asia United Bank's home loan product is generally more limited in the employment types it caters to under its standard offering.