Instantly compute your BPI monthly amortization based on your salary and loan amount — then see how much you could save by refinancing to as low as 5.99% p.a. through Nook, for free.
POTENTIAL MONTHLY SAVINGS
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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 starting at 6.50% for a 5-year fixed term and 6.70% for a 1-year fix. If you already have a BPI housing loan, using a calculator to check your current amortization is a smart first step — but the more important question is whether you're still on a good rate. Many Filipino homeowners who took out loans 3–5 years ago are locked into rates between 8% and 10%, silently paying thousands of pesos more every month than they need to. For a deeper look at how BPI stacks up against the competition, see our BPI vs Security Bank vs Metrobank home loan rates comparison.
To compute your BPI monthly amortization, you need three inputs: your loan amount, your interest rate, and your remaining loan term. For a ₱3,000,000 loan at 8.50% over 20 years, your monthly payment would be approximately ₱26,123. But if you refinanced that same loan to 5.99% p.a. through Nook, your payment drops to around ₱22,966 — a saving of over ₱3,100 every single month. The minimum monthly income requirement for a BPI home loan is ₱40,000, and the bank accepts a wide range of employment types including private employees, OFWs, self-employed professionals, and government workers. Typical approval takes around 52 days, and Nook can guide you through the entire process at zero cost to you.
Whether you're applying for a new BPI housing loan or exploring a refinance or home equity loan, Nook lets you compare BPI's rates side-by-side with other partner banks so you can make a fully informed decision. BPI also accommodates a variety of loan purposes including RFO and pre-selling purchases, renovation, new construction, and refinancing from another bank. If you're currently with a different lender, you may also want to read our BPI vs Landbank home loan rates comparison to understand your takeout options. Note: interest rates are subject to change — always verify the latest rates directly with BPI or through your Nook advisor before making any financial decisions.
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
Your monthly amortization depends on three factors: your loan amount, your interest rate, and your loan term. For example, a ₱3,000,000 loan at 6.50% fixed for 5 years (then variable) over a 20-year term results in a monthly payment of roughly ₱22,363 during the fixed period. You can use Nook's free calculator above to instantly estimate payments at different rate scenarios.
BPI Family Savings Bank requires a minimum monthly income of ₱40,000 for housing loan applicants. This applies to a range of employment types including private-sector employees, government workers, BPO professionals, OFWs, seafarers, and self-employed individuals. Your maximum loan amount is also guided by a Debt-to-Income (DTI) ratio cap of 40%, meaning your total monthly debt obligations — including the new home loan — should not exceed 40% of your gross monthly income.
As a Nook partner bank, 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. Home equity loans are also available at 6.70% p.a. These rates are among the most competitive in the market, though they are subject to change — we recommend verifying the latest rates with Nook or directly with BPI before applying.
Yes — refinancing your existing home loan to BPI is one of the most common requests Nook handles. If you're currently paying a higher rate with another bank, Nook will assess your situation, compare BPI's offer against other partner banks, and help you switch at no cost to you. BPI accepts refinancing as a valid loan purpose, and with Nook's assistance, the process is streamlined and fully guided from application to approval.
BPI Family Savings Bank typically processes and approves housing loan applications within approximately 52 days, which covers document submission, property appraisal, credit evaluation, and loan offer issuance. Applying through Nook can help reduce back-and-forth delays since our team ensures your documents are complete and correctly prepared before submission, helping you avoid common reasons for hold-ups.
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