MAYA BANK REFINANCING

Digital Banking Meets Smarter Mortgages
Overpaying Your Bank?

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

If you have a Maya Bank home loan, you could be overpaying by thousands every month. Nook helps you refinance to as low as 5.99% p.a. — fully online and completely free.

YOUR POTENTIAL SAVINGS

8.50%
Your likely rate
5.99%
Best available
₱3,069
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.

Maya Bank has built a reputation as one of the Philippines' most innovative digital lenders, making it easy to apply for a home loan entirely through your phone. But a slick app experience doesn't always mean you're getting the most competitive mortgage rate. Many Maya Bank home loan borrowers find themselves locked into rates between 8% and 10% after their initial fixing period ends — and that gap between what you're paying and what's available in the market can add up to hundreds of thousands of pesos over the life of your loan. It's worth checking current mortgage interest rates in the Philippines to see exactly where you stand.

Refinancing your Maya Bank home loan doesn't mean giving up the digital convenience you value. Through Nook, the Philippines' first digital mortgage broker, you can compare refinancing offers from over a dozen banks — including BDO, BPI, Security Bank, RCBC, and more — all in one place, without visiting a single branch. Nook's platform is built for borrowers who want transparency and speed, and the entire service is 100% free to you. Banks pay Nook a referral fee, so there's no cost and no catch on your end.

The refinancing process is simpler than most people expect. Once Nook matches you with the best available rate for your loan profile, the new bank settles your Maya Bank balance directly, and you start making lower monthly payments right away. On a 3,000,000-peso loan at 8.50%, switching to 5.99% could save you over 3,000 pesos every single month. That's real money — money that stays in your pocket instead of going to interest. Start your free assessment today and find out exactly how much you could save.

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

Current payment at 8.50% ₱26,035
Refinanced payment at 5.99% ₱22,966
Monthly savings ₱3,069
Annual savings ₱36,828
Total savings over remaining term ₱552,420

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 Maya Bank home loan borrowers ask us.

Can I refinance my Maya Bank home loan even if it's relatively new?

Yes, but most banks require that your existing loan has been active for at least 12 months before they'll approve a refinance application. If your Maya Bank home loan is more than a year old, you're generally eligible to start the process. Nook can check your eligibility for free in minutes.

Will refinancing affect my credit score or standing with Maya Bank?

Refinancing is a normal financial transaction and doesn't carry a penalty on your credit standing. Your Maya Bank loan will simply be settled in full by the new lender, and you'll begin a fresh loan agreement at a lower rate. Maya Bank may have early settlement fees depending on your loan contract, so it's worth reviewing your terms first.

How does Nook's service work, and what does it cost me?

Nook is a free digital mortgage broker — you pay absolutely nothing to use it. You fill in your loan details online, Nook compares offers from multiple Philippine banks, and you choose the deal that works best for you. The participating bank pays Nook a fee upon successful refinancing, so there's no cost passed on to the borrower.

Which banks can I refinance my Maya Bank loan into through Nook?

Nook works with a wide panel of Philippine banks including BDO, BPI, Metrobank, Security Bank, RCBC, UnionBank, Chinabank, EastWest Bank, and more. The best offer for you will depend on your loan amount, remaining term, property value, and credit profile. Nook surfaces the most competitive options so you don't have to shop around yourself.

What documents will I need to refinance my Maya Bank home loan?

Standard refinancing documents include a valid government ID, your latest income tax return or payslips, a copy of your Maya Bank loan statement, and your property's Transfer Certificate of Title (TCT). Requirements can vary slightly between banks, but Nook will provide you with a clear checklist once you're matched with a lender. You can also review a detailed housing loan requirements guide for a general sense of what to prepare.

Every month you wait costs you ₱3,069.

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

Check My Savings Now →