BDO offers a 6.00% p.a. fixed refinance rate — one of the most competitive in the Philippines. If you're paying 8% or more on your current home loan, refinancing through Nook could save you tens of thousands of pesos every year.
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Why this matters
BDO Unibank is one of the Philippines' largest and most trusted banks — and for good reason. Their home loan refinancing product offers a 6.00% p.a. fixed rate for the first year, with flexible loan purposes including refinancing, home equity, renovation, and more. Whether you originally borrowed from BDO or from another bank entirely, you may be eligible to refinance into a BDO home loan and significantly reduce your monthly payment. Approval typically takes around 30 days, and BDO accepts borrowers from a wide range of employment types: private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum qualifying monthly income is PHP 50,000. If you want a full walkthrough of the transfer process, see our step-by-step guide to transferring your home loan to BDO in 2026.
Refinancing works by replacing your existing home loan with a new one at a lower interest rate. If your current loan is priced at 8%, 9%, or even 10% — which is common for loans originated three to five years ago — switching to BDO's 6.00% rate could reduce your monthly amortisation by thousands of pesos. On a 3,000,000 loan with 20 years remaining, the difference between 8.50% and 6.00% is more than 4,000 pesos every single month. Over the life of the loan, that compounds into a substantial amount of total interest saved. BDO also allows borrowers to take out additional cash through a home equity loan product at the same 6.00% rate, making it a dual-purpose option for homeowners who want to fund renovations or other major expenses while refinancing.
Nook is a 100% free digital mortgage broker that does the comparison work for you. Rather than approaching BDO directly and accepting whatever rate you're offered, Nook submits your profile to multiple partner banks simultaneously — including BDO — so you can see competing offers side by side before you commit. There are no broker fees, no hidden charges, and no obligation to proceed. Our team guides you through document preparation, bank requirements, and every step of the approval process. For a broader look at how BDO refinancing compares to other lenders and what the process looks like end to end, read our complete BDO home loan refinance guide for 2026. Interest rates are subject to change — always verify current rates with Nook or directly with BDO before applying.
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 currently offers a 6.00% p.a. fixed rate for the first year on home loan refinancing and home equity loans. This rate is among the most competitive available in the Philippine market and applies to a range of loan purposes including refinancing from another bank. Rates are subject to change, so we recommend verifying the latest rate with Nook or BDO before you apply.
Yes — BDO accepts refinancing applications from borrowers who currently hold home loans with other Philippine banks, including BPI, Metrobank, Security Bank, RCBC, and others. The process involves BDO paying off your existing loan balance and issuing a new loan under their terms. Nook can help you prepare your documents and submit your application to BDO alongside other bank offers so you can compare before deciding.
BDO requires a minimum monthly income of PHP 50,000 and a debt-to-income ratio of no more than 40%. They accept a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. You will also need to provide standard documents such as a valid government ID, proof of income, your existing loan statement, and property titles or tax declarations.
BDO's typical approval timeline for home loan refinancing is approximately 30 days from the submission of complete documents. Processing times can vary depending on the completeness of your application, property appraisal scheduling, and internal bank queues. Applying through Nook helps ensure your documents are complete and correctly formatted before submission, which can reduce delays.
No — Nook's service is completely free for borrowers. There are no broker fees, application fees, or charges at any stage of the process. Nook earns a referral fee from the bank only if your loan is successfully approved and disbursed, which means our incentive is entirely aligned with getting you the best possible outcome. You can apply, compare rates, and consult with our team at zero cost.
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