BPI Family Savings Bank offers refinancing rates starting at 6.50% p.a. — Nook helps you apply for free and find out if you can save thousands every month.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
BPI Family Savings Bank (BPI FSB) is one of the Philippines' most established home loan providers, and as a Nook partner bank, it offers some of the most competitive refinancing rates in the market today — with 5-year fixed rates as low as 6.50% p.a. and 1-year fixed rates at 6.70% p.a. If you originally took out your home loan several years ago, there's a strong chance you're locked into a rate between 8% and 10%. Refinancing with BPI FSB through Nook could cut your monthly repayment by tens of thousands of pesos each year. To understand current rate benchmarks before you apply, check out our BPI Home Loan Interest Rates 2026 guide.
Applying through Nook means you get access to BPI FSB's refinancing products without paying a single centavo in broker fees — our service is completely free to borrowers. BPI FSB accepts applications from a wide range of employment types, including private employees, government workers, BPO professionals, OFWs, seafarers, and self-employed individuals. The minimum monthly income requirement is ₱40,000, and with a typical approval timeline of around 52 days, you could be enjoying your lower repayments sooner than you think. If you want to understand what documents you'll need to prepare, our complete BPI housing loan requirements guide walks you through every step.
Refinancing is one of the smartest financial moves a Filipino homeowner can make when rates have dropped since their original loan was issued. On a ₱3,000,000 outstanding balance with 20 years remaining, moving from a 9.00% rate to BPI FSB's 6.50% 5-year fixed rate saves approximately ₱4,850 per month — that's over ₱873,000 across the remaining loan term. Nook compares multiple partner banks on your behalf so you always see the best available deal. Please note that interest rates are subject to change; always verify the latest rates directly with BPI FSB or through a Nook advisor before making a final decision.
How it works
Enter your loan details into our calculator. Instantly see what banks are offering right now and how much you'd save each month. No personal information required.
If the numbers make sense, book a free call. Your consultant compares offers from 15+ banks — something that would take you weeks to do on your own — and recommends the best option for your situation.
We manage the entire application, documentation, and bank coordination. You sign where we tell you. Your new lower payment starts next month. Nook's service is completely free — we're paid by the receiving bank.
Common questions
BPI Family Savings Bank currently offers a 5-year fixed refinancing rate of 6.50% p.a. and a 1-year fixed rate of 6.70% p.a. through Nook. These rates are among the most competitive available in the Philippine market, though they are subject to change — always confirm the latest rates with BPI FSB or a Nook advisor before applying.
BPI FSB accepts applications from a broad range of borrowers, including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is ₱40,000, and your debt-to-income ratio should not exceed 40% of your gross monthly income.
BPI FSB typically takes around 52 days to process and approve a refinancing application when all required documents are submitted correctly. Nook helps you prepare a complete application package upfront, which reduces the risk of delays caused by missing or incorrect documents.
No — Nook's mortgage brokering service is 100% free to borrowers. Nook is compensated by partner banks like BPI FSB, so you receive expert guidance, rate comparisons, and application support at absolutely no cost to you. There are standard bank processing fees associated with refinancing itself, which Nook will help you understand before you commit.
The savings depend on your current interest rate, outstanding loan balance, and remaining term. For example, on a ₱3,000,000 loan with 20 years remaining, switching from a 9.00% rate to BPI FSB's 6.50% 5-year fixed rate could save approximately ₱4,850 per month, or over ₱873,000 over the life of the loan. Use Nook's free calculator to get a personalised estimate based on your actual loan details.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →