BDO vs BPI

BDO vs BPI Home Loan Rates (2026)

Interest rates are the single biggest factor in your monthly amortization — and the difference between BDO and BPI is meaningful. Here's how their current rates compare, based on verified data from Nook's partner bank network.

Rates are subject to change. Always verify the latest rates directly with your bank or through Nook before making a decision.

BDO's 1-year fixed rate of 6.00% is currently the lowest rate available through Nook — and among the most competitive in the Philippine market. BPI's 1-year rate of 6.70% is higher, but its 5-year fixed rate of 6.50% gives borrowers something BDO doesn't: multi-year rate certainty without repricing risk.

Monthly Amortization Comparison

To make the rate difference tangible, here's how your estimated monthly payment would compare across common loan amounts, assuming a 20-year term and the 1-year fixed rate for each bank. These are illustrative figures to help you gauge the gap.

On a 5,000,000 loan, choosing BDO over BPI at current rates saves approximately 1,882 per month — or over 22,584 per year. Over a 20-year loan term, that compounds into a very significant difference in total interest paid.

That said, these are first-period rates only. After the fixed period ends, both banks reprice to prevailing rates. If you value knowing your exact payment for five full years, BPI's 5-year fixed at 6.50% may be worth the slightly higher initial cost compared to BDO's 1-year fixed.

For a deeper look at how these two banks compare specifically for refinancing, see our guide on BDO vs BPI home loan refinance rates.

Eligibility & Approval Requirements

Both BDO and BPI are Nook partner banks with well-established home loan programs. Here's how their eligibility criteria compare side by side.

Two key takeaways stand out here. First, BDO processes applications significantly faster — typically around 30 days versus BPI's 52 days. If your refinancing timeline is urgent or you're trying to lock in a rate before your existing loan reprices, BDO's speed advantage is real and meaningful.

Second, BPI has a lower minimum income requirement — 40,000/month versus BDO's 50,000/month. For borrowers whose gross monthly income falls between these two thresholds, BPI may be the only qualifying option of the two.

Loan Purpose Coverage

Both banks support a wide range of loan purposes, making them suitable for purchasing, building, renovating, or refinancing. Here's a quick comparison.

Both banks offer comprehensive coverage across all major loan purposes. Whether you're refinancing an existing loan to lower your rate, tapping home equity, or buying a brand-new RFO unit, either bank can accommodate your need. This is one area where you won't need to choose between them based on purpose alone.

Which Bank Should You Choose?

Here's a simple decision framework based on your situation:

• Choose BDO if: You want the lowest possible 1-year rate (6.00%), your monthly income is 50,000 or above, and you want faster loan approval — typically around 30 days.
• Choose BPI if: Your monthly income is between 40,000 and 50,000, you prefer the stability of a 5-year fixed rate (6.50%), or you're comfortable with a longer processing timeline in exchange for multi-year rate certainty.
• Compare both through Nook if: You want a broker to do the legwork for you — Nook will match you with the best option across both banks (and more) at zero cost to you.

If you're also considering a third major lender in your comparison, our BDO vs BPI vs Metrobank refinance rates comparison is a useful next read.

How Much Could You Save by Refinancing?

Most Filipino homeowners are currently paying between 7% and 10% on their existing home loans — rates that were locked in years ago and have since been repriced upward. If that describes your situation, refinancing to either BDO or BPI through Nook could produce meaningful monthly savings.

For example, if you have a 5,000,000 outstanding balance on a 20-year loan currently priced at 8.50%, your monthly amortization is approximately 43,391. Refinancing to BDO at 6.00% would bring that down to approximately 35,803 — a monthly saving of around 7,588, or over 91,000 per year.

Even refinancing to BPI at 6.70% from 8.50% saves approximately 5,706 per month on the same loan — still a very substantial improvement.

Nook's service is completely free for borrowers. We're compensated by the banks, not by you — so there's no reason not to find out what rate you qualify for today.