EastWest Bank offers refinancing rates starting at 5.99% p.a. — switch today and keep thousands more in your pocket every year.
YOUR POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
If you took out a home loan with any Philippine bank a few years ago, there's a good chance your current interest rate is between 7% and 10% — and that gap between what you're paying now and what's available today could be costing you tens of thousands of pesos every single year. EastWest Bank's refinancing program offers fixed rates starting at just 5.99% p.a. for a 1-year fixed term, with competitive options up to a 7-year fixed period. By refinancing a 3,000,000 loan balance at 8.50% down to 5.99%, a typical homeowner could save nearly 4,000 pesos per month — without changing their property or their loan term.
Applying through Nook makes the process even simpler. Nook is the Philippines' first digital mortgage broker, and the service is completely free to borrowers. Nook compares offers from multiple partner banks — including EastWest — so you get the best rate available for your profile without doing the legwork yourself. EastWest Bank accepts a wide range of borrower types including private employees, government workers, BPO professionals, OFWs, seafarers, and the self-employed, with a minimum monthly income requirement of just 40,000 pesos and a typical approval timeline of around 19 days. Before you apply, it's worth reviewing the EastWest Bank housing loan eligibility requirements for 2026 to make sure you're prepared.
Refinancing your home loan is one of the highest-impact financial moves you can make as a homeowner, yet most Filipinos never revisit their mortgage after signing the original contract. Whether your fixed-rate period has just ended and your rate has repriced upward, or you've simply never explored what else is available, 2026 is a smart time to take a closer look. EastWest Bank's transparent rate structure and Nook's free brokerage service mean there's nothing to lose by checking your options today. If you're ready to move forward, you can also download and review the EastWest Bank home loan application form to get a head start on your documents. Interest rates are subject to change — verify current rates directly with EastWest Bank or through Nook before making any financial decisions.
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
EastWest Bank currently offers a 1-year fixed refinancing rate of 5.99% p.a., which is one of the most competitive rates available in the Philippine market. For longer fixed periods, rates are 6.25% for 3 years, 6.49% for 5 years, and 7.00% for 7 years. Note that rates are subject to change, so always confirm the latest figures through Nook or directly with EastWest Bank.
EastWest Bank accepts a broad range of borrower profiles including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is 40,000 pesos, and your debt-to-income ratio must not exceed 40%. For a full breakdown of eligibility criteria, see the complete EastWest Bank housing loan requirements checklist.
EastWest Bank's typical approval timeline for a refinancing application is around 19 days, which is relatively fast compared to many Philippine banks. Submitting complete and accurate documentation from the start is the best way to avoid delays. Applying through Nook helps streamline the process since Nook's team reviews your documents before submission.
No — Nook's mortgage brokerage service is 100% free to borrowers. Nook is paid by the bank, not the homeowner, so you get expert guidance and rate comparisons across multiple lenders at zero cost to you. You receive the same or better rates through Nook as you would by applying directly to the bank.
Yes, refinancing with EastWest Bank does not require you to have an existing account or loan with them — you can switch from any Philippine bank including BDO, BPI, Metrobank, Security Bank, Pag-IBIG, or others. This is actually one of the most common refinancing scenarios and EastWest Bank's process is designed to accommodate it. Nook can help you compare whether EastWest or another partner bank offers the best deal for your specific loan balance and profile.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →