Interest Rates Comparison
BDO Unibank (Nook Partner)
- 1-Year Fixed Rate: 6.00%
- Home Equity Rate: 6.00%
- Rate Status: Verified partner rates
- Broker Service: Free through Nook
Metrobank
- Standard Home Loan: ~7.0-9.0% (approximate)
- Promotional Rates: May vary by period
- Rate Status: Publicly available estimates
- Application: Direct to bank
Note: Metrobank rates shown are approximate based on publicly available information and subject to change. BDO rates are verified through Nook's partner program.
Savings Calculator Example
For a 5,000,000 loan over 20 years:
| Bank | Interest Rate | Monthly Payment | Total Interest | Savings vs Metrobank |
|---|---|---|---|---|
| BDO (via Nook) | 6.00% | 35,817 | 3,596,080 | 1,053,600 |
| Metrobank | 8.00% | 41,822 | 4,649,680 | - |
By choosing BDO through Nook, you could save over 1,000,000 in total interest payments.
Eligibility Requirements
BDO Unibank
- Minimum Income: 50,000 monthly
- Max Debt-to-Income: 40%
- Employment Types: Private, Government, BPO, OFW/Seafarer, Self-Employed, Professional
- Processing Time: Typically 30 days
Metrobank
- Minimum Income: Varies by loan amount
- Max Debt-to-Income: Typically 30-40%
- Employment Types: Standard employment categories
- Processing Time: 45-60 days typical
Application Process
BDO via Nook
- Free consultation with Nook mortgage specialist
- Document preparation assistance
- Application submission to BDO
- Regular status updates throughout process
- Professional support until loan completion
Advantage: Free broker service handles the complexities
Metrobank Direct
- Visit branch or apply online
- Submit required documents
- Wait for credit evaluation
- Follow up on application status
- Handle any issues independently
Challenge: Self-managed process with limited support
Why Choose BDO Through Nook?
- Verified Low Rates: 6.00% confirmed partner rates, not estimates
- Free Professional Service: Expert mortgage broker at no cost
- Streamlined Process: Nook handles application complexities
- Multiple Loan Types: Home equity, foreclosed properties, new construction
- Accessible Requirements: 50,000 minimum income with flexible employment types
Our partnership with BDO ensures you get verified competitive rates with professional support throughout your refinancing journey. Compare BDO with other banks to see consistent competitive positioning.
Not sure which bank suits you?
Nook compares offers from 15+ banks for free. See your personalised options.
Compare My Options →Frequently Asked Questions
What are the current BDO vs Metrobank loan takeout rates?
BDO offers 6.00% fixed rates through Nook's partner program, while Metrobank's standard rates typically range from 7-9%. BDO's verified partner rates provide significant savings potential compared to Metrobank's publicly available rate ranges.
How much can I save by refinancing from Metrobank to BDO?
For a 5,000,000 loan over 20 years, switching from Metrobank (8%) to BDO (6%) could save over 1,000,000 in total interest and reduce monthly payments by about 6,000. Actual savings depend on your current rate and loan terms.
What are the minimum requirements for BDO home loan takeout?
BDO requires minimum monthly income of 50,000, maximum debt-to-income ratio of 40%, and accepts various employment types including private, government, BPO, OFW, self-employed, and professionals. Processing typically takes 30 days.
Is there a cost to use Nook's service for BDO loan applications?
No, Nook's mortgage broker service is completely free for borrowers. We help you access BDO's competitive 6.00% rates while providing professional support throughout the application process at no additional cost.
Can I refinance investment properties from Metrobank to BDO?
Yes, BDO through Nook supports various property types including home equity, foreclosed properties, new construction, pre-selling, RFO, renovation, and reselling. This provides more flexibility compared to standard residential-only refinancing options.
How accurate are the Metrobank rates shown in this comparison?
Metrobank rates shown are approximate estimates based on publicly available information and are subject to change. BDO rates are verified through our direct partnership. We recommend confirming current Metrobank rates directly with the bank for precise comparisons.