Homeowners at Avida Towers Asten could be paying thousands less every month. Nook finds you the lowest refinance rate available — completely free.
YOUR POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Avida Towers Asten sits in the heart of Arca South, Taguig-Makati's fastest-growing mixed-use district, and units here have held their value exceptionally well. If you took out your home loan two or more years ago, there's a strong chance your bank is still charging you an interest rate of 8% or higher — well above what the market now offers. Refinancing simply means replacing your existing loan with a new one at a lower rate, and with the best available rate currently at 5.99% p.a., the savings for a typical Asten unit can be substantial. Nook does all the bank comparison work for you at zero cost.
The process is straightforward. Nook submits your profile to multiple Philippine banks — including BDO, BPI, Metrobank, Security Bank, RCBC, and others — and presents you with the best offer available based on your loan balance, remaining term, and property value. Because Avida Towers Asten is a well-documented, developer-grade condominium in a prime location, banks tend to look favourably on applications from Asten owners, which means you're well-positioned to qualify for competitive rates. If you own a unit at a similarly premium BGC address, you may also want to explore refinancing options for Arya Residences BGC to see how the numbers compare.
Many Asten owners assume refinancing is complicated or that the savings won't justify the effort. In reality, on a 3,000,000 loan with 20 years remaining, moving from 8.50% to 5.99% saves nearly 4,000 pesos every single month. Over the life of the loan, that's over 700,000 pesos back in your pocket. Nook handles the paperwork, coordinates with your chosen bank, and keeps you updated every step of the way — so you can focus on enjoying your home rather than managing your lender.
How it works
Enter your loan details into our calculator. Instantly see what banks are offering right now and how much you'd save each month. No personal information required.
If the numbers make sense, book a free call. Your consultant compares offers from 15+ banks — something that would take you weeks to do on your own — and recommends the best option for your situation.
We manage the entire application, documentation, and bank coordination. You sign where we tell you. Your new lower payment starts next month. Nook's service is completely free — we're paid by the receiving bank.
Common questions
Yes, you can refinance out of a Pag-IBIG or developer in-house loan into a commercial bank loan through Nook. In many cases, these original financing arrangements carry higher effective rates or stricter terms, and switching to a bank loan at 5.99% p.a. can produce significant savings. Nook will assess your current loan details and identify the best refinancing path available to you.
Most banks require that your outstanding loan balance does not exceed 70% to 80% of your property's current appraised value — known as the loan-to-value or LTV ratio. Given the appreciation of properties in the Arca South area, many Asten owners find they now have sufficient equity to qualify comfortably. Nook can give you a quick initial assessment before you commit to anything.
From application to loan release, the refinancing process typically takes four to eight weeks, depending on how quickly documents are submitted and how the bank's appraisal and credit review proceed. Nook actively follows up with the bank on your behalf to keep things moving as efficiently as possible. You'll receive regular status updates throughout the process.
You'll generally need your property title (CCT), tax declaration, latest real property tax receipt, proof of income (payslips or ITR), government-issued ID, and your existing loan statement of account. If the unit is tenanted, some banks may also ask for a copy of the lease agreement. Nook provides a complete personalised checklist so you know exactly what to prepare from day one.
Yes — Nook's service is 100% free to borrowers. Nook earns a referral fee from the bank once your loan is successfully released, similar to how a traditional mortgage broker operates. This means Nook's incentive is fully aligned with getting you approved at the best possible rate, not with charging you fees upfront.
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