BPI offers some of the most competitive housing loan rates in the Philippines — but most borrowers never negotiate. See how much you could save by applying through Nook for free.
TYPICAL BPI BORROWER SAVINGS
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Why this matters
BPI (Bank of the Philippine Islands) is one of the most trusted names in Philippine home lending, and for good reason. Their housing loan products cover everything from ready-for-occupancy condos and house-and-lot purchases to refinancing, home equity, renovation, and even pre-selling properties. In 2026, BPI Family Savings Bank — Nook's partner bank — offers a 5-Year Fixed rate of 6.50% p.a. and a 1-Year Fixed rate of 6.70% p.a., making them one of the most competitive choices for Filipino homeowners and first-time buyers alike. Minimum monthly income requirement is ₱40,000, which keeps BPI accessible to a wide range of borrowers including private employees, government workers, BPO professionals, OFWs, seafarers, and the self-employed. If you want the full picture on what documents you'll need, check out the complete BPI housing loan requirements checklist.
Where many borrowers leave money on the table is by simply accepting the rate quoted to them at the branch — especially when their existing loan is repricing. If you took out a BPI housing loan two or three years ago, there's a strong chance your current rate is sitting somewhere between 7% and 10%. Refinancing to BPI's current rates through Nook could cut thousands off your monthly amortisation without any broker fee. Nook is 100% free to borrowers — we're compensated by the bank, not you. To understand exactly how your monthly payment is calculated at different rates, the BPI housing loan calculator guide walks you through the numbers step by step.
Approval through BPI Family Savings Bank typically takes around 52 days, and Nook's team will guide you through every stage — from document preparation to bank submission to signing. Whether you're buying your first home, unlocking equity from your existing property, or refinancing a high-rate loan from any Philippine bank, applying through Nook means you get expert broker support, access to BPI's current promos, and a completely free service. Rates are subject to change, so it's always worth checking the latest figures before you commit — but if you're paying more than 7% today, the case for acting now is strong.
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
Through Nook, 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. These are among the most competitive rates available in the Philippine market right now. Note that interest rates are subject to change, so verify the latest rates when you apply.
BPI Family Savings Bank accepts a wide range of borrower profiles including private employees, government workers, BPO employees, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is ₱40,000, and your total debt obligations should not exceed 40% of your gross monthly income. For a detailed breakdown of all documentary requirements, see the BPI housing loan requirements guide for 2026.
BPI's housing loan covers a broad range of purposes: purchasing ready-for-occupancy (RFO) properties, pre-selling units, foreclosed properties, reselling homes, new construction, renovation, home equity loans, and refinancing. This makes BPI a versatile choice whether you're buying your first home or unlocking value from one you already own.
Yes — Nook assists with new home purchases as well as refinancing. Whether you're buying an RFO condo, a house and lot, or refinancing an existing loan from BPI or any other bank, Nook's brokers will handle your application at no cost to you. The service is completely free because Nook is paid a referral fee by the bank, not by borrowers.
Typical approval through BPI Family Savings Bank takes approximately 52 days from complete document submission. Nook helps you get your documents right the first time, which avoids delays caused by back-and-forth requests from the bank. Starting your application early — especially if you have a target move-in date or a repricing deadline — is strongly recommended.
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