BDO vs BPI

BDO vs BPI Home Loan Rates: Side-by-Side Comparison (2026)

Both BDO Unibank and BPI Family Savings Bank are among the Philippines' most trusted home loan lenders, and both are Nook partner banks. Below is a direct comparison of their key rates, requirements, and features to help you make an informed decision.

Note: Interest rates are subject to change. Always verify current rates with the bank or through Nook before making a decision.

Monthly Payment Comparison: BDO vs BPI

To make the rate difference tangible, here are estimated monthly amortizations for a P3,000,000 home loan over 20 years at each bank's 1-year fixed rate. These figures assume a fully amortizing loan and are for illustration purposes only.

On a P3,000,000 loan, choosing BDO over BPI at their respective 1-year fixed rates saves you approximately P1,250 per month — or P15,000 per year. Over the repricing period, that's a meaningful difference. For a deeper look at refinancing options between these two lenders, see our BDO vs BPI home loan refinance rates comparison.

Eligible Borrower Profiles

Both banks serve a wide range of borrowers, but there are nuances worth knowing before you apply.

Employment Types Accepted

Both banks accept a similarly broad range of employment types, so the deciding factor here is more likely to be income level. If your gross monthly income is between P40,000 and P49,999, BPI is your only option of the two. At P50,000 and above, both banks are open to you and you can let the rate and approval speed decide.

Loan Purposes Covered

Whether you're buying a new property, refinancing an existing loan, or tapping your home's equity, both banks offer comprehensive coverage.

Both banks are highly versatile. If you're specifically looking to refinance, note that BDO's lower rate and faster 30-day approval make it particularly attractive for homeowners wanting to reduce their monthly payments quickly.

Approval Speed: BDO vs BPI

Processing time can be a critical factor — especially if you have a deadline tied to a property purchase or a rate lock-in period ending on your current loan.

• BDO: Typical approval in 30 days — one of the fastest turnaround times among major Philippine banks.
• BPI: Typical approval in 52 days — more than three weeks longer than BDO.

If speed matters to you, BDO has a clear advantage. For borrowers who aren't on a tight timeline, BPI's slightly longer process is manageable and the bank's reputation for thorough assessment can sometimes work in a borrower's favor for larger loan amounts.

Should You Refinance to BDO or BPI?

If you're currently paying 7% or higher on your existing home loan — which is the case for most Filipino homeowners — refinancing to either BDO at 6.00% or BPI at 6.70% could reduce your monthly payments significantly. The best choice depends on your personal financial profile.

Choose BDO if:

• Your gross monthly income is P50,000 or above
• You want the lowest available 1-year fixed rate (6.00%)
• You need a fast decision — BDO typically approves within 30 days
• You're refinancing and want maximum monthly savings

Choose BPI if:

• Your gross monthly income is between P40,000 and P49,999
• You prefer a 5-year fixed rate (BPI offers 6.50% for 5-year fixed)
• You're comfortable with a slightly longer approval timeline
• You already have an existing banking relationship with BPI

Not sure which bank is right for your situation? Nook's free mortgage brokering service lets you apply to both simultaneously and get competing offers — at zero cost to you. You can also explore our three-way comparison of BDO, BPI, and Metrobank refinance rates if you want to cast a wider net before deciding.

Why Apply Through Nook Instead of Going Direct?

Both BDO and BPI are Nook partner banks, which means you get all the benefits of their products without any extra cost. Here's what Nook adds to the equation:

• Free service: Nook charges borrowers nothing. The broker fee is paid by the bank.
• Multiple offers at once: Apply once and get rates from 10+ banks, not just BDO or BPI.
• Expert guidance: Nook's mortgage specialists help you prepare documents, avoid common application mistakes, and negotiate the best terms.
• Unbiased recommendation: Nook works for you, not the bank — so you always get advice aligned with your best interest.

The best refinance rate currently available through Nook is 5.99% p.a. — lower than both BDO and BPI's published rates. Submitting a free application through Nook is the only way to know if you qualify for it.