BPI offers competitive fixed-rate housing loans starting at 6.50% p.a. — but if you locked in before 2023, you could be paying 8% or more and leaving thousands on the table every month.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
BPI Family Savings Bank is one of the Philippines' most trusted home loan providers, offering fixed-rate periods of 1, 2, 3, 5, and 10 years before your loan reprices to the prevailing market rate. For 2026, BPI's published fixed rates start at 6.50% p.a. for a 5-year fix and 6.70% p.a. for a 1-year fix — making it one of the more competitive options among major Philippine banks. However, many existing BPI borrowers who took out loans between 2018 and 2022 are still sitting on repriced rates of 8% to 10%, often without realising how much that costs them month to month. If your fixed period has already ended and your loan has repriced, it's worth running the numbers — you may be able to refinance to a lower BPI rate or switch to another lender entirely through Nook at zero cost to you.
Understanding how BPI's repricing works is key to managing your housing loan. When your initial fixed period expires, BPI moves your rate to a variable rate based on prevailing market conditions at the time of repricing. This means a borrower who fixed at 6.50% for 5 years in 2019 may now be paying significantly more than the current advertised rates — and has every right to refinance. Nook works with BPI Family Savings Bank as a partner, which means we can submit your application directly and help you lock in the best available rate without charging you a single peso in broker fees. Minimum qualifying income starts at ₱40,000/month, and BPI accepts borrowers from private employment, government, BPO, OFW/seafarer, self-employed, and professional backgrounds.
Whether you're a first-time borrower trying to understand BPI's rate structure or an existing homeowner approaching your next repricing date, comparing your options before committing can save you hundreds of thousands of pesos over the life of your loan. Use the BPI housing loan calculator to estimate your monthly amortization under different rate scenarios, then let Nook shop the market on your behalf — including BPI and 10+ other banks — to find you the lowest rate you actually qualify for. Rates shown are indicative and subject to change; always verify current rates with your lender before finalising any 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 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 eligible home loan borrowers. These rates apply to new applications and refinancing, and are among the more competitive published rates from a major Philippine bank. Note that rates are subject to change — always confirm the latest figures directly with BPI or through a Nook advisor before applying.
When your fixed-rate period expires, BPI reprices your loan to the prevailing variable rate at that time, which is typically higher than your original locked rate. Many borrowers are caught off guard when their monthly payment jumps after repricing. If you're approaching your repricing date, this is an ideal window to refinance — either back with BPI at a new fixed rate, or with another lender offering better terms.
Yes — refinancing your BPI loan is entirely possible, either by refinancing within BPI to a new fixed-rate period or by switching to a different bank offering lower rates. Nook is a free digital mortgage broker that compares BPI and 10+ other lenders to find the best rate for your profile. There are no broker fees, and the entire process can be managed online.
BPI Family Savings Bank accepts borrowers from a wide range of employment types, including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum qualifying monthly income is ₱40,000, and your total debt obligations should not exceed 40% of your gross monthly income. For a full breakdown of documentary requirements, see the complete BPI housing loan requirements guide.
BPI Family Savings Bank typically processes and approves housing loan applications within approximately 52 days, which is in line with the industry average for major Philippine banks. Submitting complete documentation upfront is the single biggest factor in avoiding delays. Applying through Nook can help streamline this process, as our advisors review your documents before submission to minimise back-and-forth with the bank.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →