If your CTBC Bank home loan is sitting at 8.50% or higher, you could be overpaying by thousands every month. Nook compares Philippine banks to find you a better deal — for free.
YOUR POTENTIAL SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
CTBC Bank is a Taiwan-headquartered lender with a presence in the Philippines, offering home loans primarily to salaried professionals and business owners with cross-border financial ties. While their products can be convenient for certain borrowers, CTBC's Philippine mortgage rates are not always the most competitive on the market — and many homeowners find themselves locked into rates of 8.50% or more after their initial fixing period expires. If your repricing date has come and gone, there's a strong chance you're now paying far more than you need to. You can check how your current rate stacks up against current mortgage interest rates in the Philippines to see exactly where you stand.
Refinancing away from CTBC is more straightforward than most borrowers expect. Philippine domestic banks like BPI, Security Bank, BDO, and Metrobank actively compete for quality home loan accounts, and Nook works with all of them to surface the lowest available rate for your specific loan size, remaining term, and property type. The best refinance rate currently available through Nook is 5.99% p.a. — a gap of more than 2.5 percentage points against a typical CTBC rate. On a 3,000,000-peso loan with 20 years remaining, that difference translates to over 3,000 pesos saved every single month.
Nook's service is completely free to borrowers. We handle the rate comparison, document coordination, and bank liaison on your behalf — you simply choose the offer that works best for you. There are no broker fees, no hidden charges, and no obligation to proceed after seeing your options. Whether you originally chose CTBC for its international banking relationships or simply ended up there through your developer's in-house financing, switching to a lower-rate Philippine lender has never been easier. Get started today and find out how much your household could be saving.
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
Yes, absolutely. As long as your property is in the Philippines and your loan meets standard eligibility requirements — typically a minimum outstanding balance and a clean repayment history — you can refinance from CTBC to any participating Philippine bank. Nook works with major lenders including BPI, BDO, Security Bank, and Metrobank to find you the best available rate.
The best refinance rate currently available through Nook is 5.99% p.a., subject to bank approval and your loan profile. Most CTBC borrowers we see are on rates between 8% and 9.5%, meaning the potential savings are significant. Your exact offer will depend on your loan amount, remaining term, property value, and credit history.
CTBC Bank may charge a pre-termination fee if you refinance within the fixed-rate lock-in period, which is typically one to three years from loan drawdown or last repricing. Once your lock-in period has expired, there is usually no penalty for paying off the loan in full. Nook can help you calculate whether the savings from refinancing outweigh any applicable exit fees.
The full refinancing process — from application to loan release — typically takes four to eight weeks, depending on how quickly documents are submitted and how efficiently the receiving bank processes the application. Nook streamlines this by guiding you through every step and coordinating directly with the bank on your behalf, which significantly reduces delays.
Standard refinancing documents include your latest CTBC loan statement, property title (TCT or CCT), tax declaration, proof of income (payslips or ITR), and government-issued ID. Your new bank will also require a property appraisal, which they typically arrange themselves. If you're switching to BPI, you can find a full checklist in our BPI housing loan requirements guide.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →