BDO vs Maya Bank

BDO vs Maya Bank: Home Loan Overview

When Filipino homeowners compare BDO and Maya Bank for home loans, it's important to understand that these two institutions are at very different stages of mortgage lending in the Philippines. BDO Unibank is one of the country's largest and most established banks, with a full suite of home loan and refinancing products available nationwide. Maya Bank — formerly known as PayMaya — is a licensed digital bank regulated by the Bangko Sentral ng Pilipinas (BSP), known for its e-wallet, savings, and personal loan products, but it does not currently offer a home loan or mortgage refinancing product for most borrowers.

If you arrived on this page hoping to compare home loan rates side by side, that comparison isn't quite possible yet — but we can help you understand what BDO offers and whether it might be the right refinancing partner for your situation.

BDO Home Loan Rates and Terms

BDO is a Nook partner bank, which means eligible borrowers can access BDO's home loan products through Nook's free digital mortgage broker service. Here are the key details:

• 1-Year Fixed Rate: 6.00% p.a.
• Home Equity Rate: 6.00% p.a.
• Minimum Monthly Income: 50,000
• Typical Approval Time: 30 days
• Maximum Debt-to-Income Ratio: 40%
• Eligible Employment Types: Private employees, Government employees, BPO workers, OFW/Seafarers, Self-employed individuals, Professionals
• Loan Purposes: Refinancing, Home Equity, Reselling, Ready for Occupancy (RFO), Pre-Selling, New Construction, Renovation, Foreclosed properties

For context, most Filipino homeowners with existing home loans are currently paying between 7% and 10% per year in interest. Refinancing to BDO's 6.00% rate through Nook could result in meaningful monthly savings. On a 3,000,000 loan with 20 years remaining, the difference between a 9% rate and a 6.00% rate is approximately 5,000 to 6,500 per month — savings that add up to hundreds of thousands of pesos over the life of the loan.

You can also see how BDO compares to other banks in our detailed breakdowns: BDO vs Security Bank home loan rates and BDO vs Landbank home loan rates.

Maya Bank: What It Offers (and What It Doesn't)

Maya Bank has grown quickly since receiving its digital banking license from the BSP. It is best known for:

• High-yield savings accounts with competitive interest rates
• Personal loans for Maya ecosystem users
• Business banking products for merchants and entrepreneurs
• Buy Now, Pay Later and credit card products

However, as of 2025, Maya Bank has not launched a home loan or mortgage refinancing product available to the general public. This is not unusual — digital banks in the Philippines are still in early stages compared to traditional banks when it comes to secured, long-term lending products like mortgages. Building a home loan product requires robust credit assessment infrastructure, appraisal partnerships, and regulatory frameworks that take time to develop.

If Maya Bank does launch a home loan product in the future, we will update this page with a proper rate and feature comparison. For now, borrowers who want a digital-first experience for home loan refinancing should consider applying through Nook, which gives you an online, paperless mortgage application process — backed by the lending power of partner banks like BDO.

Who Should Apply with BDO Through Nook?

BDO's home loan product is well-suited for a wide range of Filipino borrowers. You may be a good candidate if:

• You currently have a home loan with another bank and are paying more than 6.00% p.a. in interest
• Your monthly gross income is at least 50,000
• You are employed in the private sector, government, BPO, or are an OFW, self-employed, or a licensed professional
• Your total monthly debt obligations (including the new home loan) would be 40% or less of your gross income
• Your property is located in the Philippines and has a clean title

Applying through Nook is completely free to borrowers. Nook's licensed mortgage specialists handle documentation, bank coordination, and follow-ups on your behalf — saving you time and reducing the stress of the application process.

Sample Monthly Savings: Refinancing to BDO at 6.00%

Here are illustrative examples of how much a borrower could save by refinancing to BDO's 6.00% p.a. rate through Nook. These figures assume a 20-year remaining loan term and are for general guidance only.

Note: These are indicative estimates only. Actual monthly payments will depend on your specific loan terms, fees, and the bank's final approved rate. Interest rates are subject to change — please verify current rates with Nook or BDO before applying.

Why Apply Through Nook Instead of Going Directly to BDO?

Nook is the Philippines' first digital mortgage broker, and its service is 100% free to borrowers. Here's what you get when you apply through Nook:

• Access to multiple bank offers — Nook can present your application to multiple partner banks so you can compare actual offers, not just advertised rates
• Expert guidance — licensed mortgage specialists help you understand your options and prepare your documents correctly the first time
• Online convenience — submit documents digitally, track your application status, and communicate with your specialist without visiting a branch
• No broker fees — Nook's service is completely free to borrowers; partner banks compensate Nook directly
• Faster processing — Nook's direct bank relationships help expedite approvals, with BDO typically completing the process in about 30 days

If you're also curious about how BDO compares with other digital-era lenders, check out our guide on BDO vs Tonik home loan rates — another digital bank comparison that highlights how traditional banks often still lead on mortgage products.