BPI's current fixed rates start at 6.50% p.a. — but Nook borrowers are accessing rates as low as 5.99% p.a. across our partner bank network. Find out how much you could be saving every month.
BPI BORROWER SAVINGS ESTIMATE
No commitment. No credit check. Just your numbers.
Why this matters
BPI is one of the Philippines' most established home loan providers, and for many borrowers it's a familiar name associated with reliability and branch accessibility. But familiarity can be expensive. If you took out a BPI housing loan two or more years ago — or if your fixed-rate period has already expired and your loan has repriced — there's a strong chance you're now paying a rate of 8% to 10% or higher. That's thousands of pesos a month that could stay in your pocket. Before your next repricing date arrives, it's worth understanding exactly what your current rate is costing you, and what today's market can offer instead. You can use the BPI housing loan calculator to model your current payments and see a side-by-side comparison.
BPI Family Savings Bank — a Nook partner — currently offers 1-year fixed rates at 6.70% p.a. and 5-year fixed rates at 6.50% p.a., with approval typically completed in around 52 days. These rates are available to salaried employees, government workers, BPO professionals, OFWs, seafarers, and self-employed borrowers, with a minimum monthly income requirement of 40,000 pesos. Whether you're looking to refinance an existing BPI loan with another lender, or simply want to know whether your current rate is competitive, Nook can give you a free, no-obligation comparison across multiple banks in a single application. For a full breakdown of what documents and eligibility conditions apply, see the complete BPI housing loan requirements guide.
Refinancing your BPI housing loan doesn't have to be complicated, and it doesn't cost you anything when you apply through Nook. Our licensed mortgage brokers handle the paperwork, coordinate with lenders, and negotiate on your behalf — all at zero cost to you, because we're paid by the banks, not by borrowers. The savings on a 3,000,000 peso loan moving from 8.50% to 5.99% over a 20-year term amount to more than 550,000 pesos in total interest. Even locking in BPI's own 5-year fixed rate of 6.50% represents a meaningful improvement for borrowers currently sitting on a repriced variable rate. The question isn't whether refinancing is worth exploring — it's how quickly you can find out your options. Note: Interest rates are subject to change. Always verify current rates directly with your lender or through Nook before making a financial decision.
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 in 2026. These rates apply to refinancing, ready-for-occupancy purchases, and other eligible loan purposes. Always confirm the latest rates directly with BPI or through Nook, as rates are subject to change without notice.
If your BPI loan has repriced to a variable rate above 8%, refinancing with another lender can generate significant monthly savings — potentially thousands of pesos depending on your outstanding balance. Nook compares rates across multiple partner banks simultaneously, so you can see whether staying with BPI or switching gives you the better deal. The process is free and doesn't obligate you to proceed.
BPI housing loans typically have a fixed-rate lock-in period of 1, 2, 3, or 5 years, after which the loan reprices to the prevailing rate at the time of renewal. Many borrowers find their monthly payments increase substantially at repricing, especially if rates have risen since they first took out their loan. Checking your repricing schedule and comparing it against current market rates before the repricing date is one of the best ways to avoid a payment shock.
It's possible, but you may be subject to an early repayment or pre-termination fee from BPI if you exit before your fixed period ends. It's important to calculate whether the savings from a lower rate outweigh any penalties involved. Nook can help you run this analysis so you know exactly where you stand before making any decisions.
Yes — Nook's mortgage brokerage service is completely free for borrowers. Nook is compensated by the partner banks when a loan is successfully placed, meaning you pay nothing for the comparison, application support, or negotiation. There are no hidden fees, and you're never obligated to accept any offer presented to you.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →