BPI offers competitive fixed-rate home loans starting at 6.50% p.a. — but if your loan has already repriced, you could be paying significantly more. Refinancing through Nook is free and could save you thousands every month.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
BPI Family Savings Bank is one of the Philippines' most trusted home loan providers, offering fixed-rate periods of 1 year at 6.70% p.a. and 5 years at 6.50% p.a. These rates are competitive — but they only apply during your chosen fixed period. Once that period ends, your loan reprices to the prevailing market rate, which in recent years has pushed many borrowers well above 8% or even 9% p.a. If your BPI home loan has already repriced, there's a good chance you're paying far more than you need to. Use our BPI housing loan calculator to see exactly what your current payments should look like and whether refinancing makes sense for your situation.
Refinancing your BPI home loan — either back to BPI under a new fixed term, or to another lender offering a lower rate — can deliver significant savings over the life of your loan. Through Nook, you can compare BPI's current rates against offers from 10+ other Philippine banks in minutes, all without paying a broker fee. Nook's service is 100% free to borrowers. Our mortgage specialists handle the paperwork, coordinate with the bank, and keep you updated every step of the way. BPI Family Savings Bank accepts applications from private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and professionals — with a minimum monthly income requirement of 40,000 and typical approval in around 52 days. For a full breakdown of what you'll need to apply, visit our complete BPI housing loan requirements guide.
Whether you're approaching the end of your current fixed period, have already been repriced, or simply want to know if you're on the best rate available today, now is the right time to review your mortgage. Interest rates across Philippine banks are subject to change, and the gap between your current rate and what's available in the market may be wider than you think. A borrower with a 3,000,000 loan balance at 8.50% p.a. could save nearly 46,500 per year by refinancing to a rate of 5.99% p.a. — that's real money back in your pocket every single month. Note: Interest rates are subject to change. Always verify current rates directly with the bank or through Nook before making any financial decisions.
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 1-year fixed rate of 6.70% p.a. and a 5-year fixed rate of 6.50% p.a. for home loans, including refinancing. These rates apply during the chosen fixed period, after which the loan reprices to the prevailing market rate. Always confirm the latest rates with BPI or through Nook, as rates are subject to change.
When your BPI fixed-rate period expires, your loan reprices — meaning the interest rate is adjusted to the current market rate set by BPI. This repriced rate is often significantly higher than your original fixed rate, which is why many borrowers see a sharp jump in monthly payments. This repricing moment is one of the best times to explore refinancing to lock in a lower rate again.
Yes — Nook can help you refinance your existing BPI home loan either back to BPI under a new fixed-rate term or to another partner bank offering a more competitive rate. The process is completely free for borrowers, and Nook's mortgage specialists manage the entire application on your behalf. You can get a comparison of available rates across multiple banks in minutes.
The savings depend on your outstanding loan balance, remaining term, and the difference between your current rate and the new rate. For example, a borrower with a 3,000,000 balance at 8.50% p.a. refinancing to 5.99% p.a. on a 20-year term could save approximately 3,875 per month or around 46,500 per year. Over the remaining loan term, total savings can reach hundreds of thousands of pesos.
BPI Family Savings Bank accepts refinancing applications from a wide range of borrowers, including private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is 40,000, and the maximum debt-to-income ratio is 40%. For a full list of documentary requirements, see our complete BPI housing loan requirements checklist.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →