AUB vs GoTyme Home Loan: Quick Comparison
Choosing between AUB (Asia United Bank) and GoTyme for your home loan or refinance comes down to more than just the headline interest rate. Below we break down the key factors side by side so you can make an informed decision.
| Feature | AUB | GoTyme |
|---|---|---|
| Bank Type | Universal Bank (established 1997) | Digital Bank (launched 2022) |
| Published Home Loan Rates | Typically 7.00%–8.50% p.a. (fixed periods vary) | Limited public rate disclosure; rates quoted on application |
| Minimum Loan Amount | ~1,000,000 | Not publicly specified |
| Maximum Loan Amount | Up to 80% of appraised property value | Not publicly specified |
| Loan Term | Up to 20 years | Not publicly specified |
| Fixed Rate Periods | 1, 2, 3, 5, 10 years | Not publicly confirmed |
| Processing Fee | Typically 5,000–10,000 (varies) | Not publicly disclosed |
| Application Channel | Branch or online | Primarily app-based |
| Branch Network | 100+ branches nationwide | App-only; kiosks in Robinsons malls |
| Mortgage Track Record | 20+ years of mortgage lending | Less than 3 years in market |
Interest Rate Comparison: What the Numbers Mean for You
To make this concrete, let's model a common refinance scenario: a 3,000,000 peso home loan over 20 years.
| Rate Scenario | Monthly Payment | Total Interest Paid (20 yrs) |
|---|---|---|
| AUB at 7.50% p.a. | ~23,933 | ~2,743,920 |
| AUB at 8.00% p.a. | ~25,093 | ~3,022,320 |
| Typical existing loan at 9.00% p.a. | ~26,992 | ~3,478,080 |
| Best Nook rate at 5.99% p.a. | ~21,487 | ~2,156,880 |
Note: GoTyme does not publicly publish home loan rates, so we cannot model a GoTyme-specific scenario. Always request a formal Loan Offer from any lender before committing.
The gap between a 9.00% rate and the best available 5.99% rate represents a saving of approximately 587,040 pesos over a 20-year term on a 3,000,000 peso loan — a compelling reason to shop widely before signing anything.
AUB Home Loan: What You Need to Know
AUB (Asia United Bank) has been offering mortgage products for over two decades and is regulated by the Bangko Sentral ng Pilipinas (BSP) as a universal bank. Key points for refinancers:
- Competitive fixed-rate periods: AUB offers 1-, 2-, 3-, 5-, and 10-year fixed periods, giving borrowers flexibility to lock in a rate or plan for re-pricing.
- Branch accessibility: With over 100 branches across the Philippines, AUB is reachable for in-person consultations — important for a major financial transaction like a home loan.
- Published rate transparency: Unlike some newer digital lenders, AUB provides indicative rates on its website, making initial comparisons easier.
- Documentary requirements: Standard BSP-compliant requirements apply — income documents, property title, tax declarations, etc.
- Typical approval timeline: 10–20 banking days for full processing, though pre-approval may be faster.
If you're also evaluating other mid-tier bank options, it's worth reading our AUB vs CIMB home loan comparison to see how AUB stacks up against another challenger bank.
GoTyme Home Loan: What You Need to Know
GoTyme Bank is a joint venture between the Gokongwei Group and Tyme Group, launched in 2022 as a fully licensed BSP digital bank. It has built a significant deposit customer base quickly, but its mortgage product is relatively nascent:
- Digital-first experience: Applications and account management are done via the GoTyme app, which appeals to borrowers who prefer a paperless process.
- Limited mortgage history: As a bank that only received its BSP license in 2022, GoTyme has a shorter mortgage lending track record compared to established players like AUB, BDO, or BPI.
- Rate opacity: GoTyme does not prominently publish home loan rates online — you need to apply or inquire directly to get a quote, which makes pre-comparison difficult.
- Growing kiosk network: GoTyme operates kiosks in Robinsons malls, providing some physical touchpoints, though mortgage servicing is primarily digital.
- Suitable for tech-savvy borrowers: If you're comfortable managing a major loan entirely through an app and don't need branch support, GoTyme may be worth exploring — but verify rates carefully.
For a broader view of how GoTyme compares against other alternative lenders, see our DBP vs GoTyme home loan comparison.
Refinancing: Should You Move to AUB, GoTyme, or Shop the Market?
If you're currently paying 8%, 9%, or more on your existing home loan, refinancing is almost certainly worth exploring. Here's how to think about your options:
- If you value stability and transparency: AUB is the stronger choice between these two — established, regulated, and with published rates you can benchmark.
- If you're digitally native and want a fully app-based experience: GoTyme is worth a quote, but go in knowing that rate transparency is limited and the lender's mortgage track record is short.
- If you want the best possible rate: Neither AUB nor GoTyme may offer the lowest rate available to you. Nook compares across BDO, BPI, Metrobank, Security Bank, RCBC, UnionBank, Chinabank, PSBank, EastWest, PNB, Landbank, Pag-IBIG, and more — with the best available rate today at 5.99% p.a. Nook's service is completely free to borrowers.
Most Filipino homeowners who refinance through Nook save between 5,000 and 15,000 pesos per month on their mortgage payments, depending on their outstanding loan balance and original rate.
Eligibility Requirements: AUB vs GoTyme
While specific GoTyme mortgage eligibility criteria are not fully published, the general BSP-regulated requirements for both banks will typically include:
| Requirement | AUB | GoTyme |
|---|---|---|
| Age | 21–65 years old at loan maturity | Not publicly specified |
| Citizenship | Filipino or qualified foreign national | Filipino (BSP digital bank rules apply) |
| Employment | Employed, self-employed, or OFW | Not publicly specified |
| Minimum Income | Not publicly specified (assessed per application) | Not publicly specified |
| Property Types | House and lot, condo, townhouse | Not publicly specified |
| Credit History | Good credit standing required | Good credit standing required |
For refinancing specifically, you will also typically need to show at least 12 months of on-time payments on your existing mortgage, a current Statement of Account from your existing lender, and a copy of the Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT).
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Compare My Options →Frequently Asked Questions
Which is better for a home loan: AUB or GoTyme?
For most borrowers, AUB is the more established and transparent choice between the two. AUB has over 20 years of mortgage lending history, publicly available rate information, and a branch network for in-person support. GoTyme is a newer digital bank (launched 2022) with a more app-centric experience but limited published mortgage rate data. That said, the best approach is to get quotes from both — and from other lenders through Nook — to find your lowest available rate.
What are AUB's current home loan interest rates?
AUB's home loan rates typically range from 7.00% to 8.50% p.a. depending on the fixed-rate period chosen (1, 2, 3, 5, or 10 years), the loan amount, and the borrower's profile. Rates are subject to repricing after the fixed period ends. For a real-time rate comparison across AUB and 14+ other Philippine banks, use Nook's free mortgage comparison service.
Does GoTyme offer home loans in the Philippines?
GoTyme Bank does offer home loan products, but as a digital bank launched in 2022, its mortgage product line is still developing. GoTyme does not prominently publish its home loan interest rates online — borrowers must apply or inquire directly to receive a rate quote. If you're considering GoTyme, it's wise to compare its offer against traditional banks through a broker like Nook before committing.
Can I refinance my existing home loan to AUB or GoTyme?
Yes, both AUB and GoTyme can potentially accept refinance applications, subject to their eligibility criteria and property valuation. For refinancing, you'll generally need at least 12 months of clean payment history on your existing loan, a current Statement of Account, and your property title documents. Nook can help you submit a single application and get competing refinance offers from multiple banks, including AUB, at no cost to you.
What is the best home loan refinance rate available in the Philippines right now?
The best refinance rate currently available through Nook is 5.99% p.a. This is significantly lower than what most Filipino homeowners are currently paying — typically between 7% and 10%. On a 3,000,000 peso loan over 20 years, refinancing from 9% to 5.99% could save you over 587,000 pesos in total interest. Nook's comparison and application service is 100% free to borrowers.
How long does AUB take to approve a home loan?
AUB typically takes 10 to 20 banking days to process a home loan application, though pre-approval decisions may come faster. Processing time depends on the completeness of your submitted documents and the complexity of the property valuation. Working through Nook can help ensure your documents are complete before submission, which often speeds up the process.
Is Nook's mortgage comparison service really free?
Yes, Nook's service is 100% free to borrowers. Nook is a digital mortgage broker that earns from the banks — not from you. You get access to rate comparisons across 14+ Philippine banks and full application support at no charge. There are no hidden fees, no upfront costs, and no obligation to proceed after seeing your options.