BPI home loan rates start at 6.50% p.a. for a 5-year fixed — but through Nook, you can compare BPI against every major bank and make sure you're getting the lowest rate available.
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Why this matters
BPI Family Savings Bank is one of the Philippines' most trusted home loan providers, offering competitive fixed rates for both new purchases and refinancing. Their current rates start at 6.50% p.a. for a 5-year fixed and 6.70% p.a. for a 1-year fixed or home equity loan — making them a strong option for homeowners who want stability and a reputable bank behind their mortgage. BPI accepts a wide range of borrower profiles including salaried employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals, with a minimum monthly income requirement of P40,000 and a maximum debt-to-income ratio of 40%. If you want to understand exactly what documents and eligibility criteria are involved, see our complete guide to BPI housing loan requirements.
If you're currently paying 8% or higher on your existing home loan — whether with BPI or another bank — refinancing could save you tens of thousands of pesos every year. Many Filipino homeowners locked in rates during a higher-rate environment and have never revisited their mortgage. With BPI's 5-year fixed rate at 6.50% p.a., a ₱3,000,000 loan on a 20-year term could see your monthly payment drop significantly compared to what you're paying today. Use our BPI housing loan calculator to model your exact monthly payment at current rates before you apply.
The smartest move isn't just applying to BPI directly — it's comparing BPI's rates against all major Philippine banks at the same time. That's exactly what Nook does, completely free to you as the borrower. As a digital mortgage broker, Nook submits your application across multiple lenders simultaneously, identifies the best rate you qualify for, and guides you through the entire process. BPI's typical approval timeline is around 52 days, and Nook's team will keep your application on track every step of the way. Whether you're refinancing an existing loan or purchasing a new property — foreclosed, pre-selling, RFO, or under construction — Nook can match you with the right BPI product or a better alternative. Please note that interest rates are subject to change; verify current 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 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. Home equity loans are also available at 6.70% p.a. These rates are subject to change, so it's worth verifying the latest figures through Nook or directly with BPI before you apply.
BPI's rates are competitive within the Philippine market, particularly their 5-year fixed offering at 6.50% p.a. However, the best rate for you depends on your income, loan amount, property type, and borrower profile. Nook compares BPI against all major banks simultaneously so you can be confident you're getting the lowest rate you actually qualify for.
BPI 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 P40,000 and your total debt obligations should not exceed 40% of your gross monthly income. For a full breakdown of documents and eligibility criteria, see our BPI housing loan requirements 2026 guide.
BPI's typical approval timeline is approximately 52 days from complete document submission. This can vary depending on the complexity of your application, the property type, and how quickly supporting documents are verified. Applying through Nook can help streamline the process since our team ensures your documents are complete and correctly submitted from the start.
Yes, Nook's service is 100% free to borrowers. You pay nothing for Nook to compare rates across multiple banks, prepare your application, and submit it to BPI or whichever lender offers you the best deal. Nook earns a referral fee from the bank only when your loan is successfully approved, so our incentive is entirely aligned with getting you the best possible outcome.
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