BPI offers fixed rates starting at 6.50% p.a. — and through Nook, you can compare and refinance for free. Most homeowners switching today save over 4,800 per month.
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Why this matters
BPI Family Savings Bank is one of the Philippines' most trusted home loan providers, offering a range of fixed-rate options designed to give borrowers payment stability. In 2026, BPI's housing loan rates are structured around repricing periods — the most popular being the 1-year fixed at 6.70% p.a. and the 5-year fixed at 6.50% p.a. The 5-year fixed is particularly attractive for borrowers who want longer-term certainty and a lower starting rate. After your fixed period ends, your loan gets repriced to the prevailing rate — which is exactly why many homeowners choose to refinance before repricing hits. If you want to understand how these rates translate to monthly payments across different loan sizes, the BPI housing loan calculator guide breaks it down in detail.
Most Filipino homeowners with existing home loans are still paying rates set 3–7 years ago, often between 8% and 10% per annum. If your loan is approaching a repricing date — or if you've already been repriced to a higher rate — now is a critical window to act. Refinancing through Nook means your application is handled by a licensed mortgage broker at zero cost to you. Nook submits your application directly to BPI Family Savings Bank and other partner lenders, letting you compare offers side by side before committing. BPI accepts applications from private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals — with a minimum monthly income requirement of 40,000. Approval typically takes around 52 days. For a full breakdown of what documents you'll need, see the complete BPI housing loan requirements checklist.
When evaluating BPI's rates, it's important to look beyond the headline number. The total cost of your loan depends on the fixing period you choose, your remaining term, your outstanding balance, and any fees involved in switching lenders. A 5-year fixed rate of 6.50% may save significantly more over time than a 1-year fixed at 6.70%, especially if rates trend upward. Nook's advisors help you model these scenarios so you're not guessing. Note that all interest rates listed are subject to change — borrowers should verify current rates directly with BPI or through Nook at the time of 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., with a Home Equity option also available at 6.70% p.a. These are among the more competitive rates available in the Philippine market right now. Rates are subject to change, so it's best to confirm the latest figures through Nook or directly with BPI before applying.
Repricing happens at the end of your fixed-rate period — your bank recalculates your interest rate based on current market conditions, which often means a higher rate and a bigger monthly payment. Many homeowners don't realise their rate has gone up until they see a change in their amortization statement. If your repricing date is within the next 6–12 months, that's the ideal time to explore refinancing options through Nook before you're locked into a less favourable rate.
It depends on your priorities — the 5-year fixed at 6.50% p.a. gives you a lower rate and longer stability, which usually results in greater total savings if you plan to stay in the property. The 1-year fixed at 6.70% p.a. offers slightly more flexibility if you expect your financial situation to change. Nook's mortgage advisors can model both scenarios for your specific loan balance and remaining term so you can make an informed choice.
BPI Family Savings Bank accepts applications from a wide range of borrowers including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is 40,000, and your debt-to-income ratio must not exceed 40%. Loan purposes include refinancing, home equity, purchase of RFO or pre-selling properties, new construction, and renovation.
Nook's mortgage brokerage service is completely free for borrowers — there are no broker fees, no consultation charges, and no hidden costs at any stage of the process. Nook is compensated directly by the lender upon successful loan release. You get access to multiple bank offers, free rate comparisons, and guided application support without paying a single peso out of pocket.
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