BDO vs Metrobank Home Loan Rates (2026)
Interest rates are the single biggest driver of your total loan cost. Here's how BDO and Metrobank stack up on current home loan rates.
| Rate Type | BDO Nook Partner | Metrobank |
|---|---|---|
| 1-Year Fixed Rate | 6.00% p.a. | ~7.50%–8.50% p.a. (approx.) |
| Home Equity Rate | 6.00% p.a. | ~7.50%–9.00% p.a. (approx.) |
| Rate Transparency | Verified — exact rate confirmed via Nook | Estimated — based on publicly available data, subject to change |
⚠️ Metrobank rates shown are approximate figures based on publicly available information as of 2026. Actual rates depend on loan amount, fixing period, income profile, and prevailing market conditions. Always verify directly with the bank or through a licensed broker. BDO rates are verified Nook partner rates and are subject to change.
To understand how these rate differences play out in a real refinancing scenario, see our BDO vs Metrobank refinance rates comparison for a detailed breakdown.
Monthly Payment Comparison
Let's put these rates into real peso terms. The table below shows estimated monthly amortization for a 5,000,000 home loan on a 20-year term, comparing BDO at 6.00% vs Metrobank at an estimated 8.00%.
| Scenario | BDO @ 6.00% | Metrobank @ ~8.00% |
|---|---|---|
| Loan Amount | 5,000,000 | 5,000,000 |
| Loan Term | 20 years | 20 years |
| Est. Monthly Payment | 35,822 | 41,822 |
| Total Interest Paid | 3,597,280 | 5,037,280 |
| Potential Savings | ~1,440,000 over 20 years | |
Monthly payment figures are illustrative estimates based on a standard amortizing loan formula. Actual payments will vary based on final approved rate, fees, and loan structure. Use Nook's free calculator to get a personalized estimate.
Eligibility Requirements
Qualifying for a home loan depends on your income, employment type, and borrower profile. Here's how BDO and Metrobank compare on key eligibility criteria.
| Requirement | BDO Nook Partner | Metrobank |
|---|---|---|
| Minimum Monthly Income | 50,000 | ~40,000–50,000 (approx.) |
| Maximum Debt-to-Income Ratio | 40% | ~35%–40% (approx.) |
| Private Employed | ✅ Yes | ✅ Yes |
| Government Employed | ✅ Yes | ✅ Yes |
| BPO Workers | ✅ Yes | ✅ Yes |
| OFW / Seafarers | ✅ Yes | ✅ Yes |
| Self-Employed / Professionals | ✅ Yes | ✅ Yes |
⚠️ Metrobank eligibility details are based on general publicly available information. Specific requirements may vary. Verify directly with Metrobank before applying.
Loan Purposes Accepted
Not all home loans are created equal — some banks restrict what you can use the loan for. BDO via Nook supports a wide range of purposes.
| Loan Purpose | BDO Nook Partner | Metrobank |
|---|---|---|
| Refinancing | ✅ Yes | ✅ Yes |
| Ready for Occupancy (RFO) | ✅ Yes | ✅ Yes |
| Pre-Selling | ✅ Yes | ✅ Yes |
| New Construction | ✅ Yes | ✅ Yes |
| Renovation | ✅ Yes | ✅ Yes (typically) |
| Home Equity / Cash-Out | ✅ Yes (6.00% p.a.) | ✅ Yes (approx. 7.5%+) |
| Foreclosed Properties | ✅ Yes | May vary |
| Reselling | ✅ Yes | ✅ Yes |
Processing Time & Approval Speed
Speed matters — especially if you're refinancing to cut costs or buying a property with a deadline.
| Factor | BDO Nook Partner | Metrobank |
|---|---|---|
| Typical Approval Time | ~30 days | ~30–45 days (approx.) |
| Application Channel | Via Nook (free, online, broker-assisted) | Direct to bank or via broker |
| Broker Support | ✅ Full support via Nook, free of charge | Available but not via Nook |
When applying through Nook, your BDO application is handled by a dedicated mortgage specialist who prepares your documents, follows up with the bank, and keeps you updated throughout — at zero cost to you.
Fees & Charges
Beyond the interest rate, home loan fees can add significantly to your total cost. Both banks charge standard processing and documentary fees, though the exact amounts vary by loan size and type.
| Fee Type | BDO | Metrobank |
|---|---|---|
| Processing Fee | Standard bank fees apply | Standard bank fees apply |
| Appraisal Fee | Charged by third-party appraiser | Charged by third-party appraiser |
| Documentary Stamp Tax | Borrower's account | Borrower's account |
| Nook Broker Fee | Free (₱0) | Not applicable via Nook |
Specific fee schedules are provided by the bank upon loan application. Nook's service is 100% free to borrowers — Nook is compensated by the bank, not by you.
Should You Consider Refinancing?
If you currently have a home loan with Metrobank (or any other bank) at a rate above 7%, refinancing to BDO at 6.00% p.a. through Nook could save you significantly over the remaining life of your loan. The general rule of thumb: if you can reduce your rate by 1% or more, refinancing is worth exploring.
For a deeper look at how the numbers work in a refinancing context, check out our BDO vs Metrobank home loan refinance rates comparison — including break-even analysis and real savings scenarios.
Nook makes it easy to find out: submit one application, get matched to the best available rate, and let our team do the legwork. Free, fast, and fully digital.
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Compare My Options →Frequently Asked Questions
What is BDO's home loan interest rate in 2026?
BDO's verified home loan rate through Nook is 6.00% p.a. for a 1-year fixed period. This rate also applies to BDO's Home Equity loan product. Rates are subject to change, so we recommend checking with Nook for the latest confirmed figures before you apply.
What is Metrobank's home loan interest rate in 2026?
Metrobank's home loan rates are estimated to range from approximately 7.50% to 9.00% p.a. depending on the fixing period, loan amount, and borrower profile. These are approximate figures based on publicly available information and are subject to change. Contact Metrobank directly or speak to a Nook mortgage specialist for up-to-date guidance.
Which bank is better for a home loan in the Philippines — BDO or Metrobank?
For most borrowers in 2026, BDO offers a more competitive and transparent rate — especially when accessed through Nook, where you get a verified 6.00% p.a. rate with free broker support. Metrobank is a reputable lender, but its rates are generally higher based on available public data. That said, the best bank for you depends on your specific income, loan amount, property type, and timeline. Nook can help you compare your actual options for free.
Can I apply to BDO and Metrobank at the same time through Nook?
Nook currently works with BDO as a verified partner bank. While you can't apply to Metrobank directly through Nook, our team can help you compare your BDO offer against any existing Metrobank loan or quote you've received — and help you decide which makes more financial sense. All of this is free.
How much can I save by refinancing from Metrobank to BDO?
Savings depend on your outstanding loan balance, remaining term, and the rate difference. As an illustration: on a 5,000,000 loan with 20 years remaining, switching from an estimated 8.00% Metrobank rate to BDO's 6.00% could save approximately 1,440,000 in total interest over the life of the loan, or roughly 6,000 per month. Use Nook's free calculator or speak to one of our specialists for a personalized estimate.
Is Nook's service really free for borrowers?
Yes, 100% free. Nook is a digital mortgage broker that is compensated by the bank — not by you. There are no broker fees, no hidden charges, and no obligation to proceed once you receive your loan match. You only pay the standard bank fees that any direct applicant would pay.
How long does it take to get approved for a BDO home loan through Nook?
BDO's typical approval timeline through Nook is approximately 30 days from complete document submission. Nook's team helps you prepare your documents correctly the first time, which reduces back-and-forth and can speed up processing compared to applying directly.
Who qualifies for a BDO home loan?
BDO accepts borrowers who are privately employed, government employees, BPO workers, OFWs and seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is 50,000, and your total debt-to-income ratio should not exceed 40%. BDO accepts loan purposes including refinancing, RFO purchase, pre-selling, new construction, renovation, home equity, foreclosed properties, and resale.