BPI's current fixed rates start at 6.50% p.a. — but if you took out your home loan a few years ago, you could be paying 8% or more. Here's exactly what BPI is offering in 2026, and how to lock in a better rate for free.
YOUR POTENTIAL 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, and in 2026 they're offering some of the most competitive fixed rates in the market. Their 1-year fixed rate sits at 6.70% p.a., while their 5-year fixed rate comes in at 6.50% p.a. — giving borrowers meaningful certainty over their monthly repayments for a longer stretch. For existing BPI borrowers whose loan has already repriced once or twice, these new rates can represent a significant reduction from what they're currently paying. If you took out your BPI home loan between 2018 and 2022, there's a strong chance your repriced rate is sitting somewhere between 7.5% and 9%, which means refinancing could cut hundreds of thousands of pesos from your total interest cost over the remaining life of your loan. You can use the BPI housing loan calculator to estimate your current and potential payments side by side.
Understanding BPI's repricing schedule is key to knowing when to act. Most BPI home loans are structured with a fixed rate period of 1, 2, 3, or 5 years. Once that period ends, your rate is repriced based on BPI's prevailing rates at that time — which could go up or down. Many borrowers are caught off-guard when their monthly payment increases significantly after their first repricing. The good news is that a repricing event is also your best window to refinance to a new bank (or back to BPI at a better rate) without incurring prepayment penalties. Timing your refinance application to coincide with your upcoming repricing date is one of the smartest financial moves a Filipino homeowner can make in 2026.
Nook works with BPI Family Savings Bank as a partner, which means borrowers can apply for a BPI home loan or refinance through Nook completely free of charge — no broker fees, no hidden costs. Nook also compares BPI's offer against other partner banks so you always see the best available rate across the market before you commit. BPI requires a minimum monthly income of 40,000 pesos and accepts a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, and the self-employed. Typical approval takes around 52 days. For a full breakdown of what documents you'll need, see the complete BPI housing loan requirements guide. Interest rates are subject to change — always verify the latest rates with BPI or through Nook before submitting your application.
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 is currently offering a 1-year fixed rate of 6.70% p.a. and a 5-year fixed rate of 6.50% p.a. for home loans in 2026. A home equity loan rate of 6.70% p.a. is also available. These rates are subject to change, so it's worth confirming the latest figures through Nook or directly with BPI before you apply.
BPI reprices your home loan interest rate at the end of each fixed-rate period — typically every 1, 3, or 5 years depending on what you chose when you first applied. Your new rate will be based on BPI's prevailing market rate at that time, which can be significantly higher than your original rate. The best time to refinance is in the 3 to 6 months before your repricing date, as this gives you time to complete a new application without overlap and often avoids prepayment penalties.
Yes — Nook is a free digital mortgage broker that works with BPI Family Savings Bank as a partner, meaning you can refinance your BPI loan (or refinance from another bank to BPI) through Nook at zero cost to you. Nook will also compare BPI's offer against other partner banks so you can see whether BPI truly gives you the best deal for your specific situation. The entire process is handled online, saving you the time and effort of visiting multiple bank branches.
BPI Family Savings Bank requires a minimum combined monthly income of 40,000 pesos to qualify for a home loan. BPI accepts a wide range of employment types, including private sector employees, government workers, BPO professionals, OFWs, seafarers, and self-employed individuals or professionals. Your debt-to-income ratio must also fall within BPI's maximum threshold of 40%, meaning your total monthly loan obligations — including the new mortgage — should not exceed 40% of your gross monthly income.
The 5-year fixed rate at 6.50% p.a. is slightly lower than the 1-year fixed rate of 6.70% p.a., and it gives you five years of payment certainty instead of one — which is a meaningful advantage if you expect interest rates to rise or if you prefer predictable monthly budgeting. The 1-year fixed option may suit borrowers who believe rates will fall further and want to reprice sooner, but it carries more uncertainty. Most financial advisors recommend the 5-year fixed for borrowers who plan to stay in their home long-term.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →