AUB vs Maybank: Home Loan Rate Comparison
When comparing home loan options in the Philippines, interest rates are the single biggest factor affecting your total cost of borrowing. Below is a side-by-side look at available rate information for both banks.
| Fixed Period | AUB | Maybank |
|---|---|---|
| 1-Year Fixed | Inquire with bank | 7.00% p.a. |
| 3-Year Fixed | Inquire with bank | 6.99% p.a. |
| 5-Year Fixed | Inquire with bank | 7.50% p.a. |
| Home Equity | Inquire with bank | 9.88% p.a. |
Important: Interest rates are subject to change. Always verify current rates directly with the bank or through a licensed broker before making any financial decision.
Maybank's published rates give borrowers a clear starting point. AUB does not publicly list its home loan rates, which means potential borrowers must contact the bank directly and may receive varying quotations depending on their profile. This lack of transparency can slow down your decision-making — especially if you're comparing multiple banks at the same time.
Through Nook, you can access Maybank's current rates and get a free comparison across multiple lenders in one place, without having to call each bank individually.
Monthly Payment Estimates: AUB vs Maybank
To illustrate how Maybank's published rates translate into real monthly payments, here are sample computations for a refinance loan of 3,000,000 over a 20-year term:
| Scenario | Rate | Est. Monthly Payment |
|---|---|---|
| Current typical bank rate | 8.50% p.a. | ~26,035 |
| Maybank 1-Year Fixed | 7.00% p.a. | ~23,259 |
| Maybank 3-Year Fixed | 6.99% p.a. | ~23,243 |
| Maybank 5-Year Fixed | 7.50% p.a. | ~24,058 |
| Best Nook Refinance Rate | 5.99% p.a. | ~21,490 |
At Maybank's 3-year fixed rate of 6.99%, a borrower on a 3,000,000 loan saves approximately 2,792 per month versus paying 8.50%. Over just the first 3 years of the fixed period, that's roughly 100,512 in interest savings. Refinancing to the best available rate through Nook at 5.99% pushes those savings even further — over 4,500 per month compared to 8.50%.
Note: Monthly payment estimates are approximate and assume a fully amortizing loan at the stated rate over 20 years. Actual payments will vary based on your outstanding balance, remaining term, and the bank's specific amortization schedule.
Borrower Eligibility: AUB vs Maybank
Eligibility requirements determine whether you can actually qualify for a loan — not just whether the rate looks attractive on paper.
| Criteria | AUB | Maybank |
|---|---|---|
| Minimum Monthly Income | Inquire with bank | 40,000 |
| Maximum Debt-to-Income Ratio | Inquire with bank | 40% |
| Employed (Private Sector) | Yes | Yes |
| Government Employee | Yes | Yes |
| OFW / Seafarer | Limited | Yes |
| Self-Employed / Professional | Yes | Yes |
| BPO Workers | Inquire with bank | Yes |
Maybank's minimum monthly income requirement of 40,000 is accessible for middle-income borrowers across Metro Manila and key provincial cities. Their acceptance of OFW and seafarer applicants is particularly notable — many local banks have stricter documentation requirements for overseas workers, making Maybank a strong option for this segment.
AUB is a solid and established Philippine bank, but its public-facing home loan eligibility details are limited. Borrowers who want certainty upfront — especially OFWs or self-employed individuals — may find Maybank's transparency more reassuring.
Loan Purposes Covered
Not all home loans are created equal — different banks approve different types of property transactions. Here's how the two banks compare:
| Loan Purpose | AUB | Maybank |
|---|---|---|
| Ready for Occupancy (RFO) | Yes | Yes |
| Pre-Selling | Yes | Yes |
| Reselling (Secondary Market) | Yes | Yes |
| New Construction | Yes | Yes |
| Renovation | Yes | Yes |
| Home Equity / Cash-Out | Inquire with bank | Yes (9.88% p.a.) |
| Foreclosed Properties | Inquire with bank | Yes |
Maybank stands out for explicitly covering foreclosed property purchases and home equity loans — two categories where many banks are more restrictive. If you're looking to tap your home's equity or acquire a bank-foreclosed property at a discount, Maybank is one of the more accessible options in the market. You can also explore how other banks handle these loan types in our AUB vs CIMB home loan comparison.
Why Apply Through Nook?
Nook is the Philippines' first digital mortgage broker. Instead of applying to AUB and Maybank separately — filling out duplicate forms and waiting on multiple banks — Nook lets you submit one application and get matched with the best available offer across partner lenders.
- 100% free for borrowers — Nook earns from the banks, not from you
- Access to the best refinance rate of 5.99% p.a. currently available through our network
- One application, multiple lenders — save time and avoid multiple hard credit inquiries
- Expert mortgage advisors who guide you from application to release of funds
- Transparent process — no hidden fees, no surprises
Whether you're buying your first home, refinancing an existing loan, or unlocking your property's equity, Nook helps you find the right bank at the right rate. If you're also evaluating other lenders in this segment, our DBP vs UCPB home loan comparison covers two other popular options worth considering.
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Compare My Options →Frequently Asked Questions
What is the current home loan rate at Maybank Philippines?
Maybank Philippines currently offers the following fixed home loan rates: 7.00% p.a. for a 1-year fixed period, 6.99% p.a. for 3-year fixed, and 7.50% p.a. for 5-year fixed. Home equity loans are available at 9.88% p.a. These rates are subject to change — verify current rates through Nook or directly with Maybank before applying.
Does AUB offer home loans in the Philippines?
Yes, Asia United Bank (AUB) does offer home loan products in the Philippines. However, AUB does not publicly publish its home loan interest rates or detailed eligibility requirements online, which means you'll need to contact them directly for a quotation. If you want to compare AUB against other lenders with transparent rates, using a broker like Nook can save you significant time.
Which is better for a home loan: AUB or Maybank?
For most borrowers, Maybank offers a more transparent and accessible home loan experience. With published rates starting at 6.99% p.a. for a 3-year fixed term, clear income requirements of at least 40,000 per month, and coverage for a wide range of borrower types including OFWs and self-employed professionals, Maybank provides strong value. AUB is a reputable bank but its home loan terms require direct inquiry. For the best outcome, apply through Nook to compare both and other partner banks for free.
Can I refinance my home loan to Maybank through Nook?
Yes. Maybank is a Nook partner bank, which means you can apply to refinance your existing home loan to Maybank through the Nook platform at zero cost to you. Nook's mortgage advisors will handle the comparison, paperwork coordination, and bank communication on your behalf. The best refinance rate currently available through Nook's network is 5.99% p.a.
What is the minimum income requirement for a Maybank home loan?
Maybank requires a minimum monthly income of 40,000 for home loan applicants. This applies to employed individuals in the private sector, government workers, BPO employees, OFWs and seafarers, as well as self-employed professionals. The maximum debt-to-income (DTI) ratio allowed is 40%, meaning your total monthly debt obligations — including the new home loan — should not exceed 40% of your gross monthly income.
Does Maybank approve home loans for OFWs and seafarers?
Yes, Maybank Philippines accepts home loan applications from OFWs and seafarers. This makes Maybank one of the more accessible options for overseas Filipino workers who want to invest in property back home. Nook's advisors are experienced in handling OFW home loan applications and can help you prepare the required documentation to improve your chances of approval.
How much can I save by refinancing to a lower rate?
The savings depend on your current rate, loan balance, and remaining term. As an example: on a 3,000,000 loan over 20 years, moving from 8.50% to Maybank's 3-year fixed rate of 6.99% saves approximately 2,792 per month — or over 100,000 over the fixed period alone. Refinancing to the best available rate through Nook at 5.99% p.a. could save even more. Use Nook's free refinance calculator to get a personalized estimate.
Is Nook's mortgage brokerage service really free?
Yes, Nook's service is 100% free for borrowers. Nook earns a referral fee from the bank when your loan is successfully approved and released — you pay nothing extra for the broker service. This means you get access to multiple lender offers, expert advice, and full application support at no additional cost to you.