EastWest Bank offers fixed housing loan rates starting at 5.99% p.a. — find out if your current rate is higher than it needs to be, and how much you could save by refinancing through Nook for free.
SAMPLE SAVINGS AT 8.50% → 5.99%
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Why this matters
EastWest Bank is one of the Philippines' most competitive home loan lenders, offering a range of fixed-rate periods to suit different borrower needs. For 2026, their housing loan rates start at 5.99% p.a. for a 1-year fixed period, stepping up to 6.25% for 3 years fixed, 6.49% for 5 years fixed, and 7.00% for a 7-year fixed term. After your chosen fixed period ends, your loan reprices to the bank's prevailing rate — which is why locking in a low rate now, while market conditions are favorable, can make a significant difference to your long-term interest costs. Borrowers who stay on old variable or repriced rates often end up paying 8% to 10% or more without realising there are better options available.
If you already have a home loan — whether with EastWest or another bank — it's worth comparing what you're currently paying against EastWest's 2026 rates. Many Filipino homeowners find their loan has quietly repriced upward after the initial fixed period ended, and they've been overpaying for years. Refinancing to EastWest through Nook could mean locking in a lower rate, reducing your monthly amortisation, and freeing up thousands of pesos every year. You can also explore how EastWest's rates compare to other lenders — for example, see our detailed EastWest Bank vs Chinabank home loan rate comparison or the EastWest Bank vs Landbank housing loan comparison to see which bank offers the better deal for your situation.
Applying through Nook is completely free for borrowers. Nook is the Philippines' first digital mortgage broker, and our team handles the paperwork, bank negotiations, and processing coordination on your behalf — at no cost to you. EastWest Bank accepts applications from a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, and the self-employed, with a minimum monthly income requirement of 40,000. Typical approval takes around 19 days, and eligible loan purposes include refinancing, home equity, renovation, and new purchases. Note that interest rates are subject to change — always verify current rates directly with the 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's 2026 housing loan rates start at 5.99% p.a. for a 1-year fixed period, 6.25% for 3 years fixed, 6.49% for 5 years fixed, and 7.00% for a 7-year fixed term. A Home Equity loan rate of 6.25% is also available. These rates are subject to change, so it's best to confirm the latest figures through Nook or directly with EastWest Bank before applying.
Once your chosen fixed period expires, your EastWest Bank home loan will reprice to the bank's prevailing interest rate at that time, which may be higher or lower than your original fixed rate. This repricing risk is one of the key reasons many borrowers choose to refinance — either to lock in a new fixed rate or switch to a lender offering better long-term terms. Nook can help you monitor when your repricing is due and find the best option before it hits.
EastWest Bank accepts applications from 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, and your total debt obligations generally should not exceed 40% of your gross monthly income. Loan purposes covered include refinancing, home equity, renovation, new construction, pre-selling, RFO, and reselling.
EastWest Bank's typical loan approval timeline is around 19 business days from submission of complete documents. Applying through Nook can help speed up the process since our team ensures your documents are properly prepared and submitted correctly the first time. Incomplete applications are one of the most common causes of delays in Philippine home loan processing.
If your current home loan rate is above 7% — which is common for borrowers whose loans have already repriced — switching to EastWest Bank's 5.99% starting rate could generate meaningful savings over the remaining term of your loan. On a 3,000,000 loan with 20 years remaining, even a 2.5 percentage point reduction translates to over 3,000 in monthly savings. Nook will calculate your exact potential savings for free and help you decide whether refinancing makes financial sense for your situation.
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