BDO vs BPI

BPI vs BDO Home Loan: Rate Comparison 2026

Both BDO Unibank and BPI Family Savings Bank are among the Philippines' most trusted home loan providers — and both are Nook partner banks, meaning you can apply to either one for free through Nook's digital mortgage broker platform. Here's how their rates stack up as of 2026.

Note: Interest rates are subject to change. Always verify current rates directly with the bank or through your Nook advisor before making a decision.

Monthly Payment Comparison: BDO vs BPI

To make this concrete, here's how monthly amortizations compare across common loan amounts on a 20-year term, using each bank's published 1-year fixed rate. These figures use the standard amortization formula and are for illustration purposes only.

On a 5,000,000 loan, choosing BDO's 6.00% rate over BPI's 6.70% saves you approximately 1,920 per month — or about 23,040 per year. Over the fixed-rate period alone, that's a significant difference. Want to see what your exact savings could look like? Compare BDO and BPI refinance rates in detail to run the numbers for your specific loan.

Eligibility Requirements: Who Can Apply?

Both banks serve a wide range of borrower profiles, but there are meaningful differences in who qualifies more easily.

BDO Unibank Home Loan

• Minimum Monthly Income: 50,000
• Employment Types Accepted: Private employees, Government employees, BPO workers, OFW/Seafarers, Self-employed, Professionals
• Loan Purposes: Refinancing, Home Equity, New Construction, Pre-Selling, RFO, Renovation, Reselling, Foreclosed properties
• Max DTI: 40%

BPI Family Savings Bank Home Loan

• Minimum Monthly Income: 40,000
• Employment Types Accepted: Private employees, Government employees, BPO workers, OFW/Seafarers, Self-employed, Professionals
• Loan Purposes: Refinancing, Home Equity, New Construction, Pre-Selling, RFO, Renovation, Reselling, Foreclosed properties
• Max DTI: 40%

If your monthly income is between 40,000 and 49,999, BPI is the more accessible option. If you earn 50,000 or more, BDO's lower rate makes it the stronger financial choice for most borrowers.

Approval Speed: BDO vs BPI

Speed matters — especially if you're refinancing to lock in a lower rate before your repricing date, or purchasing a property with a deadline.

• BDO: Typical approval in approximately 30 days
• BPI: Typical approval in approximately 52 days

BDO processes applications roughly 22 days faster than BPI on average. If you're working against a tight timeline, this difference alone could be decisive. That said, approval timelines can vary depending on document completeness, property type, and individual circumstances — your Nook advisor can help you prepare a complete application to avoid delays at either bank.

Loan Purposes: What Can You Use the Loan For?

Both BDO and BPI support a comprehensive range of home loan purposes. Whether you're refinancing an existing loan to get a better rate, tapping home equity for cash, buying a new property, or funding a renovation, both banks have products to match. For borrowers specifically looking to refinance, both banks offer competitive refinancing programs — and since Nook works with both, you can compare BDO, BPI, and even Metrobank refinance rates together to make sure you're getting the best deal available.

Should You Apply to BDO, BPI, or Both?

Here's the honest answer: apply to both through Nook. Because Nook's service is 100% free to the borrower, there's no cost to submitting applications to multiple banks. Once you receive actual offers, you can compare them directly — not just advertised rates, but the actual approved rate, loan amount, and terms being offered to you specifically. Many Nook borrowers are surprised to find their approved rate differs from the published rate, in either direction. The only way to know your best deal is to get real offers on the table.