BDO offers a 1-year fixed rate starting at 6.00% p.a. — but most existing borrowers are still paying 7% to 10%. See exactly how much you could save by refinancing through Nook, completely free.
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Why this matters
BDO Unibank is one of the Philippines' largest home loan providers, and in 2026 their headline fixed rate sits at 6.00% p.a. for a 1-year fixed term — one of the more competitive entry rates among major Philippine banks. However, what many borrowers don't realise is that this rate only applies for the initial fixed period. After that, your loan reprices to a variable or re-fixed rate, which is typically higher. If you took out a BDO home loan two or more years ago, there's a strong chance your current rate has already crept up to somewhere between 7.50% and 10%. On a ₱3,000,000 loan over 20 years, that difference can cost you tens of thousands of pesos every single year. You can read a full breakdown of current BDO rates and how they compare in our BDO Home Loan Interest Rate 2026 guide.
Understanding the fixed vs. variable distinction is critical when evaluating your home loan. A fixed rate locks in your monthly payment for the agreed period — giving you predictability and protection against rate hikes. A variable rate moves with the market, which can occasionally work in your favour but more often exposes you to upward repricing. Most Filipino borrowers who refinance through Nook are switching from older variable or repriced fixed loans into a new fixed-rate period at today's lower rates. BDO's current 6.00% 1-year fixed is available to both new purchase and refinancing borrowers, with a minimum monthly income requirement of ₱50,000 and approval typically completed within 30 days. If you want to check whether you meet the full eligibility criteria, see our complete guide to BDO housing loan requirements.
Nook is a free digital mortgage broker that compares BDO's rates alongside other leading Philippine banks — so you're not just refinancing, you're refinancing to the best available rate for your situation. There are no broker fees, no hidden charges, and no obligation. Our team handles the paperwork and bank coordination on your behalf, from initial comparison all the way through to loan release. Whether you're on a BDO loan already or with another bank entirely, refinancing in 2026 could lock in significant savings over the remaining life of your loan. Interest rates are subject to change — we recommend verifying current rates with BDO or through Nook before making any financial decisions.
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
BDO's current 1-year fixed home loan rate is 6.00% p.a. as of 2026, which applies to both new purchase loans and refinancing. This rate is subject to change, so it's worth checking the latest figures through Nook or directly with BDO before you apply.
A fixed rate locks your monthly repayment at the agreed rate for a set period — typically 1, 3, or 5 years — giving you payment certainty. A variable rate moves with benchmark rates and can increase over time, which is why many borrowers choose to refinance into a new fixed period when their current fixed term expires.
Yes — Nook can help you refinance your existing home loan (from any bank) into a new BDO loan at current rates, or compare BDO against other lenders to find the best fit. The service is completely free to you as the borrower, and Nook handles all the coordination with the bank on your behalf.
On a ₱3,000,000 loan with a 20-year remaining term, moving from a rate of 8.50% down to 6.00% saves approximately ₱3,991 per month — that's over ₱47,892 per year and more than ₱718,000 over the life of the loan. Your actual savings will depend on your outstanding balance, remaining term, and the rate you're currently paying.
BDO requires a minimum monthly income of ₱50,000 and accepts borrowers from a wide range of employment types including private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and professionals. The maximum debt-to-income ratio is 40%, and typical approval takes around 30 days — you can find the full list of requirements in our BDO housing loan requirements guide.
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