BPI offers some of the most competitive housing loan rates in the Philippines — with 1-year fixed rates from 6.70% p.a. Apply through Nook for free and compare BPI against other top banks in one place.
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Why this matters
BPI (Bank of the Philippine Islands) is one of the country's most trusted home loan providers, offering flexible housing loan products for purchase, construction, renovation, and refinancing. Through Nook, you can access BPI's current rates — including a 1-year fixed rate of 6.70% p.a. and a competitive 5-year fixed rate of 6.50% p.a. — and compare them side-by-side with other leading banks, all without paying a single peso in broker fees. BPI accepts a wide range of borrower profiles including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals, with a minimum monthly income requirement of ₱40,000.
If you already have an existing home loan — whether with BPI or another bank — and you're currently paying a rate above 7%, there's a strong chance you could save significantly by refinancing. Many Filipino homeowners are still locked into rates of 8% to 10% from loans taken out several years ago, unaware that today's market offers far better options. Refinancing to BPI's current rates through Nook could reduce your monthly amortisation by thousands of pesos. To understand exactly how much you could save, try the BPI housing loan calculator to run your numbers before you apply.
Applying through Nook is completely free for borrowers. Nook's licensed mortgage specialists handle the comparison, paperwork coordination, and bank communication on your behalf — so you get expert guidance without the hassle. BPI's typical loan approval timeline is around 52 days, and Nook helps ensure your application is complete and accurate from day one to avoid unnecessary delays. Whether you're buying your first home or looking to refinance an existing loan, it pays to know your options. Check the full BPI home loan interest rates guide for 2026 to see how today's rates compare to what you might currently be paying. Note: all interest rates are subject to change — verify the latest figures directly 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 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 also at 6.70% p.a. These rates are among the most competitive available from major Philippine banks and are available to qualified borrowers who apply through Nook. Rates are subject to change, so it's best to confirm the latest figures before applying.
BPI accepts applications from a wide range of employment types, 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. Filipino citizens and qualified foreign nationals may apply, subject to BPI's standard credit and documentation requirements.
BPI housing loans can be used for a variety of purposes including purchasing a ready-for-occupancy (RFO) or pre-selling property, new home construction, home renovation, refinancing an existing home loan from another bank, home equity loans, and purchasing foreclosed properties. This flexibility makes BPI one of the more versatile home financing options in the Philippine market.
BPI's typical loan approval timeline is approximately 52 days from submission of a complete application. Incomplete or inaccurate documentation is one of the most common causes of delays, which is why applying through Nook — where specialists review your documents before submission — can help keep your application on track. Complex cases such as self-employed applicants or OFWs may take slightly longer.
When you apply through Nook, you get access to BPI's rates alongside those of other leading Philippine banks, so you can make a fully informed decision before committing. Nook's mortgage specialists guide you through the entire process — from document preparation to bank submission — at absolutely no cost to you as a borrower. Applying directly with BPI means you only see their products, whereas Nook gives you the full market picture in a single free application.
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