Estimate your BPI housing loan monthly payment in seconds — then see if refinancing through Nook could lower it with rates starting at 5.99% p.a.
POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
BPI is one of the Philippines' most trusted home loan providers, and for good reason — their housing loan products offer competitive fixed-rate options, flexible fixing periods, and accessible income requirements starting at P40,000 per month. Whether you're buying a ready-for-occupancy property, refinancing an existing loan, or tapping your home equity, BPI Family Savings Bank offers rates starting at 6.50% for a 5-year fixed term and 6.70% for a 1-year fixed or home equity loan. Applying through Nook means you get a free mortgage broker guiding you through the entire process — no fees, no markups, just expert help getting you the best deal.
If you're currently paying a higher rate on your existing home loan — many Filipino homeowners are stuck at 7% to 10% — refinancing to BPI through Nook could mean thousands of pesos in monthly savings. On a P3,000,000 loan at 9.00%, your monthly amortization is roughly 27,816. Switching to a 5-year fixed rate of 6.50% brings that down to around 22,966 — a saving of nearly 4,850 per month, or over 58,200 per year. Over a 15-year remaining term, that adds up to more than 873,000 in total savings. To understand how BPI's rates compare to other lenders, check out this complete 2026 comparison of BPI, Security Bank, and Metrobank home loan rates.
Nook's calculator gives you a fast, realistic estimate based on BPI's current published rates — but your actual monthly payment will depend on your specific loan amount, remaining term, chosen fixing period, and credit profile. BPI typically processes approved home loan applications in around 52 days, and accepts borrowers across a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, and the self-employed. If you want to see how BPI stacks up against another popular refinancing destination, read our detailed breakdown of BPI vs Landbank home loan rates. Ready to find out your exact savings? Nook will handle the comparison, paperwork, and bank coordination — completely free of charge. Interest rates are subject to change. Always verify current rates 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
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 purchase and refinancing loans. Home equity loans are available at 6.70% p.a. These rates are among the most competitive in the Philippine market and are available to qualified borrowers applying through Nook at no cost. Note that rates are subject to change — confirm the latest figures with BPI or your Nook advisor.
Your monthly amortization depends on three key inputs: the loan amount, the interest rate (based on your chosen fixing period), and the loan term in months. For example, a P3,000,000 loan at 6.50% over 20 years works out to approximately 22,966 per month. Nook's calculator above applies standard amortization formula so you get a realistic estimate instantly — no spreadsheet required.
BPI Family Savings Bank requires a minimum monthly income of P40,000 for home loan applicants. This threshold applies across most employment types, including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. Your debt-to-income ratio must also not exceed 40%, meaning your total monthly debt obligations — including the new housing loan — should not exceed 40% of your gross monthly income.
Yes — BPI Family Savings Bank accepts home loan refinancing applications, allowing borrowers to transfer their outstanding balance from another bank and lock in a lower interest rate. This is one of the most popular use cases Nook handles, especially for homeowners whose original fixed-rate period has expired and who are now on a higher repriced rate. Nook will assess your eligibility, prepare your documents, and coordinate with BPI on your behalf at zero cost.
BPI typically processes and approves housing loan applications in approximately 52 days from the submission of complete documents. This timeline covers credit evaluation, property appraisal, and loan documentation. Working with Nook helps streamline the process — your dedicated advisor ensures your documents are complete and correct before submission, reducing the risk of delays or back-and-forth with the bank.
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