Use our free calculator to estimate your Landbank housing loan monthly amortization — then see how much you could save by refinancing to a lower rate through Nook's partner banks.
POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Landbank of the Philippines (Land Bank) is one of the country's most trusted government-owned banks, and many Filipinos turn to it for housing loans — especially those employed in the public sector or purchasing properties under government-backed programs. Landbank's published housing loan rates typically range from around 7% to 9% per annum depending on the fixing period, loan amount, and borrower profile. Please note: rates shown on this page are approximate, based on publicly available information, and are subject to change. Always verify the latest rates directly with Landbank before making any financial decisions. If you want to see how your rate compares to other options, you can also read how BPI and Landbank home loan rates stack up against each other.
Whether you already have a Landbank housing loan or you're considering one, it pays to calculate exactly what your monthly amortization will look like over the life of your loan. A ₱3,000,000 loan at 8.50% p.a. over 20 years, for example, results in a monthly payment of approximately ₱26,035. But if you could refinance that same loan balance to 5.99% p.a. through a Nook partner bank, your monthly payment drops to around ₱22,966 — a difference of over ₱3,000 every single month. Over the remaining loan term, that adds up to more than ₱550,000 in total savings. Nook's refinancing service is completely free for borrowers, and our partner banks offer verified, competitive rates with a streamlined application process that removes the usual paperwork headaches.
Refinancing away from Landbank doesn't mean giving up reliability — it means making sure your money is working as hard as possible for your family. If you're unsure whether refinancing is the right move, or you want to explore how your current Landbank rate compares to other lenders, check out this detailed comparison of Eastwest Bank and Landbank housing loan rates. Nook can help you compare offers from multiple partner banks in one place, at no cost to you, so you can make a fully informed decision before committing to anything.
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
You can use Nook's free mortgage calculator above — simply enter your loan amount, interest rate, and remaining loan term to get your estimated monthly payment instantly. For a ₱3,000,000 loan at 8.50% over 20 years, the monthly amortization works out to approximately ₱26,035. Always confirm the exact figures with Landbank directly, as your actual rate may vary based on your loan type and fixing period.
Landbank's housing loan rates are approximately 7% to 9% per annum depending on the loan term, fixing period, and borrower qualifications — but these figures are based on publicly available information and are subject to change without notice. We strongly recommend contacting Landbank directly or visiting a branch to get the most current, personalized rate quote. For context, the best refinance rate currently available through Nook's partner banks is 5.99% p.a.
Yes — if your Landbank housing loan rate is higher than what Nook's partner banks currently offer, refinancing could save you thousands of pesos per month. Nook is the Philippines' first digital mortgage broker, and our service is 100% free for borrowers. We work with multiple accredited partner banks to find you the most competitive rate available for your loan balance and profile.
The refinancing process typically takes 4 to 8 weeks from application to loan release, depending on the partner bank and how quickly documents are submitted. Nook guides you through every step of the process digitally, reducing the back-and-forth that usually slows things down. Our team handles the coordination so you can focus on what matters most.
Yes, Nook's service is completely free for borrowers — we are compensated by our partner banks, not by you. There are no hidden fees, no broker charges, and no obligation to proceed after getting your rate comparison. You can use our calculator, get a personalised refinance assessment, and compare offers across multiple banks without spending a single peso.
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