EastWest Bank offers housing loan rates starting at 5.99% p.a. — if you're paying more than that, Nook can help you refinance for free and start saving every single month.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
EastWest Bank is one of the Philippines' fastest-growing universal banks, and its housing loan lineup is built for flexibility. Whether you're buying a ready-for-occupancy home, refinancing an existing loan, or tapping your home's equity, EastWest offers fixed-rate periods from 1 to 7 years — giving you predictable monthly payments during the period that matters most. Their 1-year fixed rate sits at 5.99% p.a., the 3-year at 6.25%, the 5-year at 6.49%, and the 7-year at 7.00%. Home equity loans are available at 6.25%. For a deeper look at how these translate into monthly payments, the EastWest Bank housing loan calculator walks you through scenarios side by side.
Eligibility is accessible for a wide range of Filipino borrowers. EastWest accepts applicants from the private sector, government employees, BPO workers, OFWs, seafarers, self-employed professionals, and business owners — with a minimum monthly income requirement of just 40,000 pesos. Typical loan approval takes around 19 days, and the debt-to-income ratio cap is set at 40%, which is standard among major Philippine banks. If you're unsure whether you qualify, the full EastWest eligibility guide covers the documentary requirements and borrower criteria in detail.
Applying through Nook means you get access to EastWest Bank's rates — along with rates from other top Philippine lenders — without paying a single peso in broker fees. Nook's service is completely free to borrowers. Our advisors handle the comparison, paperwork coordination, and bank follow-ups on your behalf, so you can focus on what matters: moving into your home or lowering your monthly obligation. Interest rates are subject to change; always verify current rates with the bank or through a Nook advisor before submitting your 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 currently offers fixed housing loan rates starting at 5.99% p.a. for a 1-year fixed period, 6.25% for 3 years, 6.49% for 5 years, and 7.00% for a 7-year fixed period. Home equity loans are available at 6.25% p.a. These rates are subject to change, so it's best to confirm the latest figures through Nook or directly with EastWest Bank before applying.
EastWest Bank accepts housing loan applications from a broad range of borrowers, including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is 40,000 pesos, and your total monthly debt obligations should not exceed 40% of your gross monthly income. For a complete list of requirements, see the full eligibility breakdown on Nook.
EastWest Bank typically processes and approves housing loan applications within 19 days, which is competitive among major Philippine banks. Approval timelines can vary depending on the completeness of your submitted documents and the loan purpose. Applying through Nook helps ensure your documents are organized correctly from the start, which can help avoid unnecessary delays.
Yes, refinancing is one of the loan purposes supported by EastWest Bank, alongside new construction, pre-selling, RFO purchases, reselling, renovation, and home equity. If you're currently paying a rate above 6% on a loan with another bank, refinancing to EastWest's 5.99% 1-year fixed rate could meaningfully reduce your monthly amortization. Nook can run a free comparison to show you exactly how much you'd save.
No — Nook's mortgage brokering service is completely free for borrowers. You get access to EastWest Bank's housing loan rates and those of other leading Philippine lenders, plus guided application support, at zero cost to you. Nook is compensated directly by the bank upon successful loan drawdown, so there is no charge passed on to the borrower at any stage.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →