BDO offers competitive home loan rates starting at 6.00% p.a. — but if you're on an older fixed period, you could be paying far more. Refinancing through Nook takes the guesswork out of getting a better deal, for free.
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Why this matters
BDO Unibank is one of the Philippines' largest and most trusted home loan providers, offering fixed-rate periods ranging from 1 to 5 years and competitive rates that make it a popular choice for both first-time buyers and property investors. For 2026, BDO's home loan interest rate starts at 6.00% p.a. for a 1-year fixed period — one of the more accessible entry points in the market. However, many existing BDO borrowers are still locked into older repricing periods at rates between 8% and 10%, which can translate to tens of thousands of pesos in unnecessary interest every year. If your fixed period has recently ended or is coming up for repricing, now is the ideal time to review your options. You can compare BDO's fixed vs variable rate structures to understand which pricing period works best for your financial goals.
Understanding how amortization works is key to making a smart refinancing decision. On a 3,000,000 peso loan with a 20-year remaining term at 8.50%, your monthly amortization sits at around 26,035 pesos. Refinance to a rate of 6.00% and that drops to approximately 22,148 pesos — a saving of nearly 3,900 pesos every month. Over the life of the loan, that's close to 700,000 pesos kept in your pocket rather than paid to the bank. Nook works with BDO directly as a partner bank, which means we can help you access their current promotional rates and navigate the application process without any broker fees charged to you. BDO accepts borrowers from a wide range of employment backgrounds — including private employees, government workers, BPO professionals, OFWs, seafarers, and the self-employed — with a minimum monthly income requirement of 50,000 pesos and a typical approval timeline of 30 days.
Whether you're refinancing an existing BDO loan or switching from another bank entirely, the process starts with understanding what documents and eligibility criteria apply to your situation. Nook's advisors handle the heavy lifting — from comparing rates across multiple partner banks to submitting your application — so you can make a confident decision without spending hours on bank hotlines. Before you apply, it helps to review the BDO housing loan requirements and income eligibility criteria to make sure you're prepared. Interest rates are subject to change; always verify the latest figures directly with BDO or through your Nook advisor before proceeding.
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 home loan interest rate for 2026 starts at 6.00% p.a. for a 1-year fixed period. Rates vary depending on the fixed period you choose and your loan profile — longer fixed terms typically carry slightly higher rates. Nook can help you identify which BDO rate tier you qualify for based on your income and loan amount.
A fixed rate locks your interest rate for a set period — typically 1, 2, 3, or 5 years — giving you predictable monthly payments during that time. After the fixed period ends, your loan is repriced based on prevailing market rates, which is when many borrowers find themselves paying significantly more. Choosing the right fixed period is a strategic decision; refinancing before or during repricing can help you lock in a lower rate again.
Yes — if your current BDO rate is higher than 6.00% p.a., refinancing could reduce your monthly amortization and total interest paid over the life of the loan. You can refinance within BDO or switch to another lender offering a more competitive rate. Nook compares rates across multiple partner banks to find the best option for your specific loan balance and remaining term.
Savings depend on your outstanding balance, remaining loan term, and your current interest rate. On a 3,000,000 peso loan with a 20-year term, moving from 8.50% to 6.00% saves approximately 3,887 pesos per month — nearly 700,000 pesos over the full loan period. Use Nook's free calculator to get a personalised savings estimate based on your actual loan details.
Yes — Nook's mortgage brokering service is completely free to borrowers. Nook is compensated by the bank when a loan is successfully processed, so there are no broker fees, application fees, or hidden charges on your side. You get access to Nook's full advisory service, document assistance, and rate comparison across all partner banks at no cost.
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