Salcedo Village homeowners are overpaying on their mortgages. Refinance to 5.99% p.a. through Nook and keep more of what you earn — completely free of charge.
SALCEDO VILLAGE SAVINGS ESTIMATE
No commitment. No credit check. Just your numbers.
Why this matters
Salcedo Village sits at the heart of Makati's CBD — one of the most prestigious residential addresses in the Philippines. Properties here command premium prices, and rightly so. But many owners who purchased or refinanced several years ago are still carrying home loans at rates of 8% to 10% p.a., locked in during periods when banks offered far less competitive terms. With a ₱5,000,000 loan balance, that difference in rate can cost you over ₱7,500 every single month compared to what's available today.
Nook is the Philippines' first digital mortgage broker, and we work with all major Philippine banks — BDO, BPI, Metrobank, Security Bank, RCBC, and more — to find you the most competitive refinancing rate available. For Salcedo Village homeowners specifically, lenders recognise the strong collateral value of CBD properties, which often translates into favourable loan-to-value treatment and better pricing. If you want to understand how Salcedo Village rates compare to the broader Makati market, our guide to the best home loan rates in Makati breaks down what each major bank is currently offering. For BGC owners in a similar premium-property situation, the Two Serendra refinancing page shows comparable savings scenarios worth reviewing.
Refinancing through Nook is 100% free — we are compensated by the bank, never by you. Our team handles the paperwork, coordinates with your current lender, and manages the entire process so you can focus on what matters. Most clients complete the process in four to six weeks and immediately begin saving on every monthly amortisation. There is no obligation to proceed after your free assessment, and no fees if you choose not to push through.
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
Salcedo Village is one of Makati's most established and liquid residential addresses, which banks view as low-risk collateral. This strong property profile means lenders are generally willing to offer competitive loan-to-value ratios and better interest rates compared to less established locations. In short, the premium nature of your property can actually work in your favour when negotiating a new rate.
On a ₱5,000,000 outstanding loan balance moving from 8.50% to 5.99% p.a. over a remaining 20-year term, the monthly saving is approximately ₱7,576 — or over ₱90,000 per year. Your actual savings will depend on your specific outstanding balance, remaining term, and current rate, all of which Nook will calculate precisely during your free consultation.
Nook has relationships with all major Philippine banks including BDO, BPI, Metrobank, Security Bank, RCBC, UnionBank, Chinabank, EastWest Bank, PNB, and PSBank. We submit your profile to multiple lenders simultaneously and present you with the best offer, so you don't have to negotiate with each bank individually. This multi-bank approach consistently secures better rates than going directly to a single lender.
Typically you will need your latest Certificate of Title (TCT), a recent Statement of Account from your current lender, proof of income such as payslips or ITR, a copy of your loan billing statement, and a government-issued ID. Nook provides a complete personalised checklist after your initial consultation so nothing is missed. Many Salcedo Village owners find the process straightforward given that their title documentation is usually already clean and up to date.
The end-to-end refinancing process typically takes four to six weeks from application to loan release, depending on how quickly your current bank releases your documents. Nook's service is completely free to you as the borrower — we are paid a referral fee by the bank that wins your business, not by you. The only costs you may encounter are standard government transfer fees and documentary stamp tax, which Nook will clearly explain upfront before you commit to anything.
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