Homeowners refinancing away from higher rates are saving over 4,850 pesos every month. Nook helps you find the best refinancing deal — completely free.
YOUR POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Many Filipino homeowners who took out a home loan with EastWest Bank in previous years are now locked into rates between 7% and 10% — rates that made sense at the time but may no longer be competitive. If your fixed-rate period has ended or is about to end, this is exactly the right moment to explore refinancing. Through Nook, you can access EastWest Bank's current refinancing rates starting at 5.99% p.a. (1-year fixed), or compare options across multiple partner banks to find the best fit for your situation. Check the full overview of EastWest Bank home loan rates and terms to understand what's available to you today.
Refinancing doesn't have to be complicated. Nook acts as your digital mortgage broker, doing the heavy lifting of comparing lenders, checking your eligibility, and walking you through the application — all at no cost to you. EastWest Bank offers flexible loan purposes including refinancing, home equity, and renovation loans, with approval typically completed in around 19 days. Whether you're looking to lower your monthly payment, shorten your loan term, or tap into your home's equity, refinancing through Nook gives you more options in one place. If you want to understand what documents you'll need, our guide on EastWest Bank housing loan requirements and eligibility covers everything in detail.
The savings from refinancing compound significantly over time. On a 3,000,000 peso loan with 20 years remaining, moving from 8.50% to 5.99% can mean nearly 4,000 pesos back in your pocket every single month. Over the life of the loan, that's real money — money that could go toward your children's education, retirement savings, or simply financial breathing room. Nook's service is 100% free to borrowers, so there's no reason not to find out what you could save. Please note that interest rates are subject to change; verify current rates 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
EastWest Bank's refinancing rates start at 5.99% p.a. for a 1-year fixed term, with longer fixed periods available at 6.25% (3-year), 6.49% (5-year), and 7.00% (7-year). The best rate for you will depend on your loan amount, remaining term, and financial profile. Note that rates are subject to change, so it's best to confirm the latest figures when you apply.
Yes — if EastWest Bank offers the most competitive rate for your situation, Nook can facilitate your refinancing with them directly. Nook compares multiple lenders so you get the best available deal, whether that ends up being with EastWest Bank or another partner bank. Our goal is always to find you the lowest rate, not to push you toward any particular lender.
EastWest Bank requires a minimum monthly income of 40,000 pesos for home loan applicants, including refinancing. They accept a wide range of employment types including private employees, government workers, BPO employees, OFWs, seafarers, self-employed individuals, and licensed professionals. Nook will help you assess your eligibility before you formally apply.
EastWest Bank's typical approval timeline is around 19 days from complete document submission. Nook helps speed this up by making sure your application is complete and accurate before it reaches the bank. Having all your documents ready — including proof of income, property title, and existing loan statements — is the fastest way to move through the process.
Nook's service is genuinely 100% free to borrowers — there are no broker fees, consultation charges, or hidden costs on your end. Nook earns a referral fee from the bank when a loan is successfully processed, similar to how a real estate broker works. This means your interests are fully aligned: Nook only succeeds when you get approved at a rate that works for you.
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