BPI offers competitive fixed rates starting at 6.50% p.a. (5-year fixed) — but if you're still on an old repriced rate, you could be paying thousands more than you need to 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 packages for 1-year and 5-year terms at 6.70% p.a. and 6.50% p.a. respectively. These rates are among the most competitive in the market for 2026 — but many existing BPI borrowers find themselves repriced to significantly higher rates after their initial fixed period ends. If your home loan has already repriced once or twice, there's a strong chance you're now paying 8% to 10% p.a. or more, costing you tens of thousands of pesos every year unnecessarily. You can see how BPI stacks up against other lenders in our BPI vs Security Bank vs Metrobank home loan rates comparison for 2026.
Refinancing your BPI home loan — or refinancing away from another bank to BPI — is a proven strategy to reset your interest rate and reduce your monthly amortisation. Through Nook, you can apply to BPI Family Savings Bank at no cost whatsoever. Nook is the Philippines' first digital mortgage broker, and our service is completely free for borrowers. We handle the paperwork, liaise with the bank on your behalf, and help you lock in the best available rate. BPI Family Savings Bank accepts applications from employed professionals, government workers, BPO employees, OFWs, seafarers, and self-employed individuals with a minimum monthly income of ₱40,000, with typical approvals processed in around 52 days.
Whether you're looking to refinance your current mortgage to escape a high repriced rate, tap your home equity, or fund a renovation, BPI's 2026 housing loan lineup has options worth exploring. If you're weighing your choices, our BPI vs Landbank home loan rates guide breaks down how each bank compares for refinancing. Note that all interest rates quoted are subject to change — always verify the latest rates directly with the bank or through Nook 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 loans. There is also a Home Equity product available at 6.70% p.a. These rates are subject to change, so it's best to confirm the latest figures through Nook or directly with BPI before applying.
When your BPI fixed-rate period expires, your loan is repriced to a new rate based on prevailing market conditions at that time — which is often higher than your original rate. Many borrowers who were initially on rates of 6–7% find themselves repriced to 8–10% or above after one or two repricing cycles. Refinancing before or shortly after repricing is one of the most effective ways to keep your monthly payments manageable.
Yes — if your current BPI rate has repriced upward, you can refinance to a new loan with a lower fixed rate, either staying with BPI Family Savings Bank or switching to another lender. Through Nook, you can compare options across multiple banks and apply for free. The process typically takes around 52 days for BPI approvals.
BPI Family Savings Bank accepts applications from a wide range of borrowers, 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 (maximum debt-to-income ratio). Loan purposes include refinancing, home equity, renovation, new construction, pre-selling, RFO, foreclosed, and reselling properties.
Yes, Nook's mortgage brokering service is 100% free for borrowers — there are no broker fees, application fees, or hidden charges on Nook's side. Nook earns a referral fee from the bank upon successful loan approval, so you get expert guidance and full application support at no cost to you. You simply apply once through Nook and we handle the coordination with BPI on your behalf.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →