BPI offers competitive fixed-rate housing loans starting at 6.50% p.a. — but through Nook, you could refinance to as low as 5.99% p.a. and save thousands every month.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
BPI is one of the Philippines' most trusted home loan providers, and for good reason. In 2026, BPI Family Savings Bank offers a 1-year fixed rate of 6.70% p.a. and a 5-year fixed rate of 6.50% p.a. — among the more competitive options in the market. These rates apply to refinancing, ready-for-occupancy purchases, pre-selling units, renovation loans, and home equity products. Minimum monthly income requirement is ₱40,000, and BPI accepts borrowers from private employment, government, BPO, OFW/seafarer, self-employed, and professional backgrounds. Typical loan approval takes around 52 days. If you want to understand exactly what documents you'll need before applying, the complete BPI housing loan requirements guide has a full checklist.
Here's what many homeowners don't realise: if your BPI loan was taken out more than two or three years ago, you're likely paying a repriced rate well above today's market. Most BPI borrowers on repriced loans are paying anywhere from 7.5% to 10% p.a. — significantly higher than what's available now. That gap translates directly into extra thousands leaving your pocket each month. On a ₱3,000,000 loan at 8.50%, for example, your monthly amortisation is around ₱26,123. Refinancing to 5.99% through Nook could bring that down to roughly ₱21,494 — a saving of over ₱4,600 per month. You can model your own scenario using the BPI housing loan calculator to see your personalised figures.
Nook is the Philippines' first digital mortgage broker, and our service is completely free to borrowers. We compare BPI's rates alongside all major Philippine banks and lenders, then match you to the best deal for your profile. Whether you're looking to lower your monthly payment, shorten your loan term, or unlock your home equity, Nook handles the paperwork and coordination on your behalf — at zero cost to you. Interest rates are subject to change; always verify current rates directly with the bank or through Nook before making a 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, including refinancing and home purchase products. These are among the more competitive rates available from a major Philippine bank. Note that rates are subject to change, so always confirm the latest figures directly with BPI or through Nook before applying.
Repricing happens at the end of your fixed-rate period — BPI resets your interest rate based on prevailing market conditions at that time. If rates have risen since you first took out your loan, your monthly payment will increase after repricing. Many borrowers find that refinancing to a new lender at the end of a fixed period gives them a better rate than staying with their existing bank.
Yes — refinancing an existing BPI loan is one of the most common requests Nook handles. We compare BPI's own refinancing rate against other partner banks to find you the lowest available rate for your loan amount, remaining term, and income profile. Our broker service is 100% free to you as the borrower.
BPI Family Savings Bank requires a minimum monthly income of ₱40,000 and a maximum debt-to-income ratio of 40%. They accept applicants from a wide range of employment types including private sector employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and licensed professionals. For a full document checklist, see the BPI housing loan requirements 2026 guide.
BPI Family Savings Bank typically approves housing loan applications in around 52 days from submission of complete documents. Incomplete submissions are the most common cause of delays, so preparing your full document pack before applying makes a significant difference. Nook guides you through the requirements and reviews your documents before submission to minimise back-and-forth with the bank.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →