Refinance your home loan to BDO's 6.00% fixed rate and save thousands every month. Nook makes the switch 100% free for borrowers.
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No commitment. No credit check. Just your numbers.
Why this matters
If you took out your home loan three to five years ago, there's a strong chance your current interest rate is between 8% and 10% — far above what BDO is offering today. BDO's 1-year fixed refinance rate of 6.00% p.a. is one of the most competitive rates available in the Philippine market right now. For a ₱3,000,000 loan on a 20-year term, that difference can translate to over ₱4,500 back in your pocket every single month. Over the life of the loan, that's real money — money that could fund your child's education, build your emergency fund, or simply reduce the financial pressure your family feels each month. You can learn more about BDO's fixed vs. variable rate options to understand which structure suits your long-term plans.
Refinancing to BDO through Nook is straightforward. BDO accepts borrowers across a wide range of employment types — private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. You'll need a minimum monthly income of ₱50,000 and BDO typically processes applications within 30 days. Your debt-to-income ratio must be within 40%, which Nook will help you calculate and optimise before submission. If you want to know exactly what documents to prepare, check out the complete BDO home loan requirements checklist for employed and self-employed borrowers.
What makes Nook different is that we do the heavy lifting for you — comparing lenders, preparing your file, and coordinating with BDO on your behalf — all at zero cost to you. Our broker service is completely free for borrowers because we're compensated by the bank, not by you. Whether you're refinancing for a lower monthly payment, a home equity loan, or a fresh construction project, Nook and BDO are ready to help you get there faster. Note: Interest rates are subject to change. Please verify 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 is currently offering a 1-year fixed rate of 6.00% p.a. for home loan refinancing, which is among the lowest available from major Philippine banks right now. This rate applies to standard refinancing as well as home equity loan purposes. Rates are subject to change, so it's best to confirm the latest figures through Nook or directly with BDO before you apply.
BDO accepts a broad range of borrowers including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and professionals. You'll need a minimum monthly income of ₱50,000 and your total debt obligations should not exceed 40% of your gross monthly income. Nook can help you assess your eligibility quickly before you formally apply.
BDO typically processes and approves home loan refinance applications within approximately 30 days from complete document submission. Having a fully prepared and accurate application file significantly reduces the chance of delays. When you apply through Nook, our team reviews your documents before submission to help ensure nothing is missing.
Nook's mortgage broker service is completely free for borrowers — there are no broker fees, no hidden charges, and no obligations. Nook is compensated by the bank when your loan is successfully processed, so you get expert guidance at zero cost to you. You'll still be responsible for standard bank processing fees and any applicable government charges, which Nook will clearly explain upfront.
Beyond straight refinancing, BDO also accepts applications for home equity loans, renovation financing, new construction, pre-selling and ready-for-occupancy property purchases, reselling, and foreclosed property acquisitions. This flexibility makes BDO a strong option whether you're simply looking to lower your rate or unlock equity for other financial goals. Speak with a Nook advisor to identify which loan purpose best fits your situation.
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