GoTyme vs Maya Bank: Home Loan Overview
GoTyme Bank and Maya Bank are both relatively new digital banks in the Philippines, each backed by major conglomerates — GoTyme by the Gokongwei Group and Tyme Group, and Maya by the PLDT-backed Voyager Innovations. While both have made waves in savings and payments, their home loan products are either still limited in scope or not yet widely available to the general public.
This makes a direct rate-for-rate comparison difficult. However, it also means that if you are a homeowner looking to refinance, relying on either of these two banks alone could mean leaving significant savings on the table. Let's look at what each bank currently offers.
Interest Rates
| Feature | GoTyme Bank | Maya Bank |
|---|---|---|
| Home Loan Product | Not widely available / in development | Not widely available / in development |
| Advertised Rate | Not publicly listed | Not publicly listed |
| Best Refinance Rate via Nook | From 5.99% p.a. | |
Because neither GoTyme nor Maya Bank currently publishes standard home loan interest rates for the retail market, we cannot provide a verified rate comparison. This is in contrast to established lenders like BDO, BPI, Metrobank, and Security Bank, all of which have transparent published rate cards. For context on how digital challengers compare to more established players, see our Asia United Bank vs Tonik home loan comparison, which covers another digital-first lender matchup.
Loan Terms and Amounts
| Feature | GoTyme Bank | Maya Bank |
|---|---|---|
| Minimum Loan Amount | Not publicly listed | Not publicly listed |
| Maximum Loan Amount | Not publicly listed | Not publicly listed |
| Loan Tenure | Not publicly listed | Not publicly listed |
| LTV Ratio | Not publicly listed | Not publicly listed |
Traditional banks typically offer home loans ranging from 1,500,000 to 10,000,000 or more, with tenures of 15 to 25 years. Until GoTyme and Maya Bank publish comparable products, borrowers cannot reliably plan a refinancing strategy around either institution.
Fees and Charges
| Fee Type | GoTyme Bank | Maya Bank |
|---|---|---|
| Processing Fee | Not disclosed | Not disclosed |
| Appraisal Fee | Not disclosed | Not disclosed |
| Early Repayment Penalty | Not disclosed | Not disclosed |
| Annual Fee | Not disclosed | Not disclosed |
Transparency in fees is critical when refinancing. Hidden charges can erode the savings you gain from a lower interest rate. For a comparison of lenders with more transparent fee structures, you may also want to review our CIMB vs PBCOM home loan rate comparison.
How Much Could You Save by Refinancing?
Even if GoTyme or Maya Bank eventually launches a competitive home loan product, the savings potential of refinancing today — through an established lender — is significant. Consider this example:
| Scenario | Current Loan (8% p.a.) | Refinanced via Nook (5.99% p.a.) |
|---|---|---|
| Loan Amount | 3,500,000 | 3,500,000 |
| Loan Term | 20 years | 20 years |
| Monthly Payment | approximately 29,280 | approximately 25,060 |
| Monthly Savings | — | approximately 4,220 |
| Total Savings Over 20 Years | — | approximately 1,012,800 |
That's over 1,000,000 in potential savings — simply by refinancing to a better rate. Nook's service is 100% free to borrowers, and our team shops across multiple banks to find you the lowest rate available.
Digital Banking Experience
Where GoTyme and Maya Bank do excel is in their digital-first user experience. Both apps are well-rated, feature intuitive interfaces, and offer seamless onboarding for savings and payments products. Maya Bank, in particular, has built a strong ecosystem through Maya Wallet (formerly PayMaya), offering integrated financial services from e-wallet to bank account.
GoTyme, backed by the Gokongwei retail network, has leveraged its physical kiosk presence in Robinsons malls to drive account opening and customer engagement. Its savings rates have been among the most competitive in the digital banking space.
However, a great digital banking experience for deposits and payments does not automatically translate into a strong home loan product. Home loans require robust underwriting infrastructure, property appraisal networks, title verification capabilities, and long-term servicing — areas where traditional banks have years of experience and established processes.
Who Should Consider GoTyme or Maya Bank?
GoTyme Bank is a good fit for individuals who are already part of the Gokongwei ecosystem, value high-yield savings accounts, and prefer a hybrid digital-physical banking experience. It may become a viable home loan option if it formally launches a mortgage product with competitive terms.
Maya Bank is well-suited for existing Maya Wallet users who want to consolidate their financial life in one app. Its lending products are growing, but a full-featured home loan with published rates and terms is not yet a standard offering.
For home loan refinancing today, neither bank is the strongest choice. Working with Nook gives you access to a curated panel of established lenders — all competing to offer you the lowest possible rate — without paying any brokerage fees.
Not sure which bank suits you?
Nook compares offers from 15+ banks for free. See your personalised options.
Compare My Options →Frequently Asked Questions
Does GoTyme Bank offer home loans in the Philippines?
As of now, GoTyme Bank does not have a widely available, publicly listed home loan product in the Philippines. GoTyme has focused primarily on savings accounts and payments since its launch. If you are looking to finance or refinance a property, you will need to explore other lenders. Nook can help you compare options from multiple banks at no cost.
Does Maya Bank offer home loans?
Maya Bank's lending products are still largely focused on personal and business loans rather than home loans. A full mortgage product with published rates and standard terms is not yet a standard retail offering. For home loan refinancing, established banks accessed through Nook remain the more reliable option.
What is the lowest home loan refinance rate available in the Philippines right now?
Through Nook, the best available refinance rate is currently 5.99% per annum. Most Filipino homeowners are paying between 7% and 10%, which means refinancing could save you hundreds of thousands of pesos over the life of your loan. Nook's service is completely free to borrowers.
Which digital banks in the Philippines offer home loans?
Most Philippine digital banks — including GoTyme, Maya Bank, Tonik, CIMB Philippines, and OFBank — are still building out their mortgage lending capabilities. Some, like Tonik, have begun offering home equity and property loans, but their rates and terms may not always be the most competitive. For a broader view of digital lender options, check our Asia United Bank vs Tonik home loan comparison.
Is it worth waiting for GoTyme or Maya Bank to launch a home loan product?
If you are currently paying a high interest rate on your existing home loan, waiting could be costly. For every year you delay refinancing, you continue paying above-market rates. The better strategy is to refinance now through an established lender offering competitive rates, and reassess if digital banks launch attractive products in the future.
How does Nook help me refinance my home loan for free?
Nook is the Philippines' first digital mortgage broker. We work with a panel of banks and lenders to find you the best available refinance rate based on your loan amount, remaining term, and property details. Nook earns a referral fee from the lender — not from you — so the service is completely free to borrowers. You get expert guidance and a competitive rate without any out-of-pocket cost.
What documents do I need to refinance my home loan in the Philippines?
Typical requirements include a valid government-issued ID, proof of income (payslips or ITR for the past 2 years), your existing loan statement of account, Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT), tax declaration, and proof of billing. Nook's team will guide you through the exact requirements based on your chosen lender.