BDO's current fixed rate starts at 6.00% p.a. — but many existing borrowers are still paying 7% to 10% on older loans. Find out if refinancing could cut your monthly bill.
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Why this matters
BDO Unibank is one of the Philippines' largest home loan providers, offering fixed-rate packages starting at 6.00% p.a. for both new purchases and refinancing. If you took out your BDO home loan several years ago, there's a good chance your repriced rate is significantly higher than what's available today — particularly if you're on a floating rate or a short fixed-rate term that has already expired. For a deeper look at how BDO structures its rates and what to expect during repricing, see our BDO home loan rates and refinancing guide.
Refinancing works by replacing your existing loan with a new one at a lower interest rate — either with BDO or through another lender. Through Nook, you can compare BDO's refinancing offer alongside other Philippine banks at no cost to you. Nook's service is 100% free for borrowers: no broker fees, no hidden charges. On a 3,000,000 peso loan with a remaining 20-year term, moving from 8.50% to 5.99% p.a. could save you nearly 4,000 pesos every month — that's real money back in your household budget. Interest rates are subject to change; always verify the latest rates directly with the bank or through Nook before making a decision.
To qualify for a BDO home loan or refinancing, you'll typically need a minimum monthly income of 50,000 pesos and a debt-to-income ratio below 40%. BDO accepts applications from private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and professionals. Approval typically takes around 30 days. If you want to make sure you have all the right documents ready before applying, our complete BDO housing loan requirements guide walks you through everything you need.
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 fixed home loan rate starts at 6.00% p.a. for a 1-year fixed term, applicable to both new purchases and refinancing. Rates may vary depending on your loan amount, term, and creditworthiness, so it's worth getting a personalised quote. Note that interest rates are subject to change — always confirm the latest rates with BDO or through Nook before applying.
When your fixed-rate period ends, BDO will reprice your loan based on prevailing market rates at that time, which could be higher or lower than your original rate. Many borrowers find their repriced rate significantly exceeds what's available through refinancing. This repricing moment is actually one of the best times to shop around and consider switching to a more competitive rate.
Yes — Nook can help you refinance your existing BDO loan either back with BDO at a better rate or with another partner bank offering more competitive terms. The entire service is free for borrowers; Nook earns a referral fee from the bank, not from you. You simply submit your details once and Nook handles the comparison and coordination on your behalf.
Savings depend on your outstanding balance, remaining term, and the difference between your current rate and the new rate. On a 3,000,000 peso loan at 8.50% with 20 years remaining, refinancing to 5.99% p.a. could save you roughly 3,900 pesos per month — or over 700,000 pesos across the life of the loan. Use Nook's free calculator to get an estimate based on your actual numbers.
You'll generally need a minimum monthly income of 50,000 pesos, a total debt-to-income ratio of 40% or below, and a property with clear title that can serve as collateral. BDO accepts a wide range of employment types including private and government employees, OFWs, self-employed individuals, and professionals. Nook will guide you through the full document checklist once you start your application.
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