BPI offers some of the Philippines' most competitive housing loan rates — but are you getting the best deal available? Compare BPI against all major banks and find out if you could be saving thousands every month.
BPI BORROWER SAVINGS ESTIMATE
No commitment. No credit check. Just your numbers.
Why this matters
BPI (Bank of the Philippine Islands) is one of the country's most trusted home loan providers, offering fixed-rate terms from 1 to 20 years and a streamlined application process for salaried employees, self-employed professionals, and OFWs alike. In 2026, BPI's housing loan rates start at 6.50% p.a. for a 5-year fixed term and 6.70% p.a. for a 1-year fixed — making it one of the more competitive options among Philippine commercial banks. With a minimum monthly income requirement of P40,000 and approval timelines averaging around 52 days, BPI is accessible to a wide range of Filipino homebuyers and property investors. You can use the BPI housing loan calculator to estimate your exact monthly payment based on your loan amount and preferred term.
Whether you're purchasing a ready-for-occupancy unit, refinancing an existing home loan, funding a renovation, or tapping your home equity, BPI's housing loan lineup covers a broad set of needs. Their loan-to-value ratios, flexible repayment terms of up to 20 years, and nationwide branch network make them a practical choice for first-time buyers and seasoned property owners alike. That said, the rate you were approved for one, three, or five years ago may no longer reflect today's best available offer — especially if your fixed-rate period has already repriced. For a full breakdown of current rates across all fixing periods, see the BPI home loan interest rates guide for 2026.
Nook works with BPI as a partner bank, which means you can apply for a BPI housing loan — or compare it side-by-side with BDO, Metrobank, Security Bank, and others — completely free of charge. There are no broker fees, no hidden charges, and no obligation. If BPI turns out to be the best fit for your financial profile, Nook will help you get there faster. If another bank offers a better rate for your situation, you'll know before you commit. Interest rates are subject to change; always verify the latest rates directly with the bank or through Nook before finalising 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 currently offers a 1-year fixed rate of 6.70% p.a. and a 5-year fixed rate of 6.50% p.a. for standard housing loans, with a home equity rate of 6.70% p.a. These are among the more competitive rates available from a major Philippine commercial bank, though rates are subject to change and you should confirm the latest figures with BPI directly or through Nook before applying.
BPI requires a minimum monthly income of P40,000 and a debt-to-income ratio of no more than 40%, meaning your total monthly loan obligations — including the new housing loan payment — should not exceed 40% of your gross monthly income. BPI accepts borrowers across a wide range of employment types including private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and licensed professionals. For a complete checklist of documents and eligibility criteria, visit the BPI housing loan requirements guide.
BPI's typical approval timeline is around 52 days from submission of a complete application, which is in line with most major Philippine banks. The actual timeline can vary depending on how quickly you submit all required documents, the type of property being financed, and the complexity of your income profile. Working with a broker like Nook can help ensure your documents are complete and properly prepared before submission, which often reduces back-and-forth with the bank.
Yes — refinancing your existing home loan to BPI is one of the most common use cases Nook handles. If you're currently paying a rate above 7% or your fixed-rate period has recently repriced, switching to BPI's 5-year fixed rate of 6.50% p.a. could meaningfully reduce your monthly payment. Nook's service is 100% free to borrowers, and we'll handle the comparison and paperwork coordination on your behalf.
The 5-year fixed rate of 6.50% p.a. is currently lower than the 1-year fixed rate of 6.70% p.a., which makes it attractive if you want payment certainty and are confident you won't be selling or refinancing again within five years. The 1-year fixed offers slightly more flexibility if you expect interest rates to fall or your financial situation to change in the near term. Nook can help you model both scenarios based on your specific loan amount and remaining term so you can make a fully informed decision.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →