EastWest Bank offers some of the most competitive housing loan rates in the Philippines — starting at 5.99% p.a. See how much you could save by refinancing through Nook for free.
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Why this matters
EastWest Bank's housing loan interest rates for 2026 are among the most competitive offered by a private commercial bank in the Philippines. Their 1-year fixed rate starts at just 5.99% p.a., with longer fixed periods available at 6.25% (3-year), 6.49% (5-year), and 7.00% (7-year). This range of fixed-rate options gives borrowers the flexibility to lock in certainty on their monthly payments — whether you prefer short-term savings or longer-term stability. If you're already an EastWest borrower and your loan is past its fixed period, there's a good chance you've been repriced to a much higher rate, and refinancing could make a significant difference.
Most Filipino homeowners are still servicing home loans at rates between 7% and 10% — locked in years ago when market conditions were different. Refinancing to EastWest Bank's current rates can mean saving thousands of pesos every single month. On a ₱3,000,000 loan with 20 years remaining, moving from 8.50% down to 5.99% translates to a monthly saving of over ₱3,800 — that's nearly ₱700,000 in total interest savings over the life of your loan. To understand EastWest Bank's full loan product lineup including amounts, terms, and eligibility, it helps to compare your options side by side before committing.
Nook is the Philippines' first digital mortgage broker, and our service is completely free for borrowers. We work directly with EastWest Bank and other leading lenders to find you the best rate for your situation — handling the paperwork, lender coordination, and application process on your behalf. You don't need to visit a branch or negotiate alone. Whether you're refinancing an existing loan or taking out a new housing loan, Nook makes the process faster and simpler. If you're ready to check your eligibility, find out who qualifies for an EastWest Bank housing loan and what documents you'll need to prepare. Interest rates are subject to change — we recommend verifying current rates with Nook or EastWest Bank directly 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's 2026 housing loan rates start at 5.99% p.a. for a 1-year fixed period, 6.25% for 3-year fixed, 6.49% for 5-year fixed, and 7.00% for a 7-year fixed term. These rates apply to refinancing, RFO purchases, pre-selling, and home equity loans. Rates are subject to change, so it's best to confirm the latest figures with Nook or EastWest Bank directly before applying.
Yes — EastWest Bank is a strong option for refinancing, particularly if you're currently paying above 7% on your existing loan. With rates starting at 5.99% p.a. and a typical approval timeline of around 19 days, EastWest offers both competitive pricing and relatively fast processing. Applying through Nook means a licensed broker handles your application at no cost to you, helping you secure the best available rate.
EastWest Bank accepts applications from a wide range of employment types, including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum qualifying monthly income is ₱40,000, and your total debt-to-income ratio should not exceed 40%. For a full breakdown of eligibility criteria and required documents, see our EastWest Bank housing loan requirements checklist.
Savings depend on your current interest rate, remaining loan balance, and term. On a ₱3,000,000 loan with 20 years remaining, switching from 8.50% to EastWest Bank's 5.99% rate could save you over ₱3,800 per month — or nearly ₱700,000 over the life of the loan. Use Nook's free calculator to get a personalised estimate based on your actual loan details.
Nook's mortgage brokering service is 100% free for borrowers — there are no broker fees, consultation charges, or hidden costs. Nook is compensated directly by the bank upon successful loan disbursement, so you get professional guidance and full application support at no expense. You'll still be responsible for standard bank fees like appraisal and processing charges, which Nook will walk you through upfront.
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