RATE CALCULATOR

Compare Philippine Home Loan Rates Instantly
Overpaying Your Bank?

By the Nook Editorial Team · Reviewed to Nook's editorial standards

Calculate your potential savings across 14+ Philippine banks and find the lowest rates available today.

POTENTIAL MONTHLY SAVINGS

8.50%
Your likely rate
5.99%
Best available
₱5,205
estimated monthly savings on a ₱3,000,000 loan

No commitment. No credit check. Just your numbers.

2,400+
Homeowners helped
₱9.2K
Avg. monthly savings
15
Partner banks
100%
Free service

Why this matters

Your bank is counting on you not checking.

Finding the best home loan interest rate in the Philippines shouldn't require visiting multiple banks or spending weeks comparing options. Our comprehensive rate calculator lets you instantly compare rates from BDO, BPI, Metrobank, Security Bank, and other major Philippine lenders to see exactly how much you could save by refinancing.

Most Filipino homeowners are currently paying between 7% to 10% on their home loans, but current market rates can be significantly lower. With rates starting as low as 5.99% through Nook, a typical borrower with a 3 million peso loan could save over 60,000 pesos annually. Use our calculator to input your specific loan details and get personalized savings projections.

Whether you're considering fixed or variable rates, our tool shows you real-time comparisons across all major Philippine banks, making it easy to identify the best refinancing opportunity for your situation.

The monthly numbers on a ₱3,000,000 balance

Current payment at 8.50% ₱25,687
Refinanced payment at 5.99% ₱20,482
Monthly savings ₱5,205
Annual savings ₱62,460
Total savings over remaining term ₱1,041,000

Three steps. No paperwork until you decide.

1

Check your rate (60 seconds)

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.

2

Talk to a Nook consultant (15 minutes)

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.

3

Nook handles everything

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

What homeowners comparing loan rates homeowners ask us.

How accurate are the interest rate calculations?

Our calculator uses current market rates from major Philippine banks and standard amortization formulas. Rates are updated regularly, but final rates depend on your credit profile and loan-to-value ratio.

Which Philippine banks offer the lowest home loan rates?

Rates vary by bank and borrower profile, but currently competitive lenders include BPI, BDO, Security Bank, and UnionBank. Through Nook's network, qualified borrowers can access rates as low as 5.99%.

Can I use this calculator for Pag-IBIG loans?

Yes, our calculator works for all types of home loans including Pag-IBIG, bank financing, and in-house developer financing. Simply input your current rate and loan details for accurate comparisons.

How much can I realistically save by refinancing?

Savings depend on the rate difference and remaining loan term. Most borrowers save 20,000 to 100,000 pesos annually, with lifetime savings often exceeding 500,000 pesos for larger loans.

What other costs should I consider besides interest rates?

Factor in processing fees, appraisal costs, legal fees, and mortgage redemption insurance. However, these upfront costs are typically recovered within 12-24 months through monthly payment savings.

Every month you wait costs you ₱5,205.

Check your exact savings in 60 seconds. It's free and takes no commitment.

Check My Savings Now →