BPI Family Savings Bank offers some of the most competitive housing loan rates in the Philippines — starting at 6.50% p.a. on a 5-year fixed term. If your current rate is above 7%, you could be leaving thousands of pesos on the table every month.
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Why this matters
BPI Family Savings Bank is one of the Philippines' most trusted home loan providers, and its 2026 housing loan rates reflect a genuinely competitive stance in the market. For borrowers choosing a 1-year fixed term, the rate is 6.70% p.a., while those who prefer the stability of a 5-year fixed term can lock in at 6.50% p.a. — one of the lowest fixed rates available from a major Philippine bank today. A Home Equity loan carries the same 6.70% p.a. rate, making BPI a strong option whether you're refinancing your existing mortgage or unlocking the equity in your home. Minimum qualifying monthly income is P40,000, and BPI accepts a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals.
To put these rates in context: if you took out a P3,000,000 home loan several years ago at 8.50% p.a. with 20 years remaining, your monthly amortisation would be roughly P26,035. Refinancing to BPI's 5-year fixed rate of 6.50% p.a. through Nook could bring that payment down to approximately P22,507 — a saving of over P3,500 every month. Over the life of a 20-year loan, that compounds into significant wealth preserved for your family. Nook's service is completely free to borrowers; we are compensated by the bank, never by you. You can find out how long BPI's approval typically takes so you can plan your refinancing timeline with confidence.
Applying through Nook means you get access to BPI Family Savings Bank's rates alongside offers from other leading Philippine lenders — all in one comparison. Our mortgage specialists handle the paperwork, follow up with the bank, and guide you from application through to approval. BPI's typical approval timeline is around 52 days, and their maximum debt-to-income ratio is 40%, so it pays to get your documents in order early. If you want to know exactly what you'll need to submit, check our complete BPI housing loan requirements checklist for 2026. Please note that all interest rates quoted are subject to change — verify current rates 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 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 standard housing loans, with the Home Equity product also priced at 6.70% p.a. These rates are among the most competitive from a major Philippine bank and are available to qualifying borrowers who apply directly or through an accredited broker like Nook. Rates are subject to change, so always confirm the latest figures before finalising your application.
BPI Family Savings Bank requires a minimum monthly income of P40,000 and accepts borrowers from a broad range of employment backgrounds — including private sector employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and licensed professionals. Your total monthly debt obligations, including the proposed housing loan payment, must not exceed 40% of your gross monthly income. If you're unsure whether you qualify, Nook can assess your eligibility for free before you formally apply.
The 5-year fixed rate at 6.50% p.a. is slightly lower than the 1-year fixed at 6.70% p.a., and it gives you five years of payment certainty — which is ideal if you want protection against rate increases and prefer a predictable monthly budget. The 1-year fixed option suits borrowers who expect rates to fall further or who plan to sell or fully pay off the property within a short period. A Nook mortgage specialist can walk you through which term makes the most financial sense for your specific situation.
Savings depend on your current interest rate, remaining loan balance, and remaining term. As an example, a P3,000,000 loan at 8.50% p.a. with 20 years remaining carries a monthly payment of around P26,035 — refinancing to BPI's 5-year fixed rate of 6.50% p.a. could reduce that to approximately P22,507, saving you over P3,500 per month. Use Nook's free refinance calculator to generate a personalised estimate based on your actual loan details.
No — Nook's mortgage brokering service is completely free for borrowers. Nook is compensated directly by the bank when your loan is successfully processed, so you pay nothing for access to our rate comparisons, document support, or application assistance. The only costs you should expect are standard bank fees such as appraisal, documentary stamp tax, and registration charges, which apply regardless of how you apply.
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