BPI offers some of the most competitive housing loan rates in the Philippines — but choosing the right rate type could save you hundreds of thousands of pesos over the life of your loan.
YOUR POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
BPI housing loan rates for 2026 come in two main structures: fixed and variable. A fixed rate locks your interest in for a set period — typically 1 year or 5 years — giving you predictable monthly payments and protection against rate increases. BPI's current fixed rates start at 6.50% for a 5-year fix and 6.70% for a 1-year fix, making them among the most accessible options for Filipino homebuyers and homeowners looking to refinance. After the fixed period ends, your loan reprices to the prevailing market rate, which is where many borrowers get caught off guard. If you originally took out your home loan several years ago at rates between 7% and 10%, there's a strong chance you're overpaying right now — and refinancing through Nook could be the smartest financial move you make this year. Check the BPI housing loan requirements to see if you're already eligible to switch.
Variable rates, on the other hand, move in line with benchmark interest rates and can go up or down over time. While they sometimes start lower, they carry the risk of rising payments if market rates increase. For most homeowners with a stable loan balance and a long remaining term, locking into a competitive fixed rate offers better peace of mind and more reliable budgeting. Through Nook, you can compare BPI's fixed rate options alongside other leading Philippine banks — all at zero cost to you. Nook's service is completely free for borrowers; the bank pays the broker fee.
Whether you're buying a new property, refinancing an existing home loan, or tapping your home equity for renovations, BPI's housing loan suite covers a wide range of purposes — including pre-selling, RFO, new construction, and reselling. BPI Family Savings Bank, a Nook partner, has a minimum monthly income requirement of just 40,000 pesos and a typical approval timeline of around 52 days, making it one of the more accessible lenders in the market. Interest rates are subject to change, so always verify the latest figures directly with BPI or through your Nook advisor before making a final 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 housing loans in 2026. These rates are among the most competitive available through Philippine banks and are accessible to salaried employees, OFWs, self-employed professionals, and government workers. Rates are subject to change, so confirm the latest figures with BPI or through Nook before applying.
A fixed rate stays the same for a defined period — 1 or 5 years with BPI — so your monthly amortisation is predictable and protected from market movements. A variable rate adjusts periodically based on benchmark rates, meaning your payment could go up or down. Most financial advisors recommend fixed rates for homeowners who prioritise stability and want to plan their budget with certainty.
Yes — refinancing to BPI is one of the most popular ways Filipino homeowners reduce their monthly amortisation. If your current rate is above 7%, switching to BPI's 5-year fixed rate of 6.50% could save you thousands of pesos every month. Nook can handle the entire refinancing process for free, comparing BPI alongside other partner banks to find your best deal.
BPI Family Savings Bank requires a minimum monthly income of 40,000 pesos and a debt-to-income ratio of no more than 40%. Eligible borrowers include private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and licensed professionals. For a full breakdown of documentary requirements, see the complete BPI housing loan requirements checklist.
Yes, Nook's mortgage brokering service is 100% free for borrowers — BPI pays the broker fee, not you. You get access to the same BPI rates you'd receive by walking into a branch, but with the added benefit of Nook's expert guidance, faster document handling, and the ability to compare multiple banks in one place. There are no hidden fees or obligations to proceed after getting your comparison.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →