BPI housing loan interest rates in 2026 start at 6.50% fixed for 5 years — but if your loan is repricing soon, you could be moving to a much higher rate. Here's what to expect, and how to protect yourself.
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Why this matters
BPI Family Savings Bank is one of the Philippines' most trusted home loan providers, offering fixed-rate periods of 1 year at 6.70% p.a. and 5 years at 6.50% p.a. — some of the most competitive rates available today. For borrowers who want to access their home's equity, BPI also offers a Home Equity facility at 6.70% p.a. These rates apply to qualified borrowers with a minimum monthly income of ₱40,000, and BPI accepts a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. Loan purposes covered include refinancing, purchase of ready-for-occupancy or pre-selling units, new construction, renovation, reselling, and foreclosed property acquisitions.
What many BPI borrowers don't realise is that their fixed-rate period eventually ends — and when it does, their loan reprices to whatever the prevailing rate is at that time. If you took out your loan several years ago at a promotional rate, your repricing date could push your monthly payments significantly higher. This is exactly when refinancing makes the most sense. By refinancing through Nook before your repricing kicks in, you can lock in a new fixed rate — potentially as low as 5.99% p.a. — and avoid the payment shock that catches many homeowners off guard. You can use the BPI housing loan calculator to estimate what your payments look like at different rates before you decide.
Nook is the Philippines' first digital mortgage broker, and our service is completely free to borrowers. We work with BPI Family Savings Bank as a partner institution, which means we can help you apply directly and efficiently — with typical approval timelines of around 52 days. Whether you're currently with BPI or another bank paying 7% to 10%, Nook compares options across multiple lenders to find your best refinancing outcome. To understand what documents you'll need to get started, see our complete BPI housing loan requirements guide. Interest rates are subject to change — always verify the latest 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 housing loans. A Home Equity loan rate of 6.70% p.a. is also available for qualified borrowers. These rates are subject to change, so it's best to confirm the latest figures directly with BPI or through Nook before applying.
A repricing date is when your fixed-rate period ends and your interest rate is recalculated based on current market rates — which could be significantly higher than your original rate. For example, if you locked in at 5.5% five years ago, your loan may now reprice to 8% or more, increasing your monthly payment substantially. Knowing your repricing date gives you time to refinance before the higher rate takes effect.
Yes — if your current BPI rate is above 6.50%, refinancing through Nook could lower your monthly payment and save you hundreds of thousands of pesos over the remaining loan term. Nook is a free service that compares BPI and other partner banks to find your best available rate. The process is done digitally and typically takes around 52 days from application to approval.
BPI Family Savings Bank accepts borrowers with a minimum monthly income of ₱40,000 across a wide range of employment types — including private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and licensed professionals. The maximum debt-to-income (DTI) ratio allowed is 40%, meaning your total monthly loan obligations should not exceed 40% of your gross monthly income.
Nook is a licensed mortgage broker that works directly with BPI Family Savings Bank as a partner institution, so you get access to the same competitive rates with the added benefit of expert guidance — at no cost to you. We handle the paperwork coordination, bank communication, and rate comparison so you don't have to navigate the process alone. Simply submit your details online and a Nook advisor will walk you through your options.
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