DIGITAL BANK COMPARISON

Not All Digital Banks Are Equal
Overpaying Your Bank?

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

Filipino homeowners searching for Maya Bank home loan refinancing are often surprised to find that UnionBank offers a verified 7.00% p.a. fixed rate — with full mortgage refinancing support that Maya Bank currently does not offer.

YOUR POTENTIAL SAVINGS

9.00%
Your likely rate
5.99%
Best available
₱3,702
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.

If you've been researching Maya Bank home loan refinancing, you may have discovered that Maya Bank — despite being one of the Philippines' most popular digital banks — does not currently offer a home loan or mortgage refinancing product. That means if you're an existing homeowner looking to lower your monthly payments by switching lenders, Maya Bank is not yet a viable option. The good news? A fellow digital-forward bank, UnionBank, is a verified Nook partner that offers competitive home loan refinancing starting at 7.00% p.a. — well below the 8%–10% rates many Filipino homeowners are stuck paying today. You can learn more in our UnionBank Housing Loan 2026 guide.

Refinancing your home loan through UnionBank via Nook means you benefit from a lender that accepts a wide range of borrower profiles — including private employees, government workers, BPO staff, OFWs, seafarers, self-employed professionals, and more. The minimum monthly income requirement is just 30,000 pesos, and the maximum debt-to-income ratio allowed is 50%, making it accessible for many middle-income Filipino families. On a 3,000,000-peso loan with 20 years remaining, switching from a 9.00% rate to UnionBank's 7.00% rate could save you over 3,700 pesos every month — money that stays in your pocket instead of going to interest. Check out the full UnionBank housing loan refinance page to see what you could qualify for.

Nook's service is completely free to you as the borrower. We compare rates across multiple partner banks, handle the paperwork coordination, and guide you through every step of the refinancing process — all at no cost. Whether you came here looking for Maya Bank or another digital lender, Nook exists to make sure you end up with the best available rate in the market. Interest rates are subject to change; always verify current rates with your chosen lender before proceeding.

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

Current payment at 9.00% ₱26,992
Refinanced payment at 5.99% ₱23,290
Monthly savings ₱3,702
Annual savings ₱44,424
Total savings over remaining term ₱888,480

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 researching Maya Bank and digital bank home loans ask us.

Does Maya Bank offer home loan refinancing in the Philippines?

As of 2026, Maya Bank does not offer a home loan or mortgage refinancing product in the Philippines. Maya Bank is primarily focused on personal loans, savings, and digital banking services. If you are looking to refinance your existing home loan, you will need to consider other lenders such as UnionBank, BPI, or Metrobank.

What is UnionBank's home loan refinancing rate through Nook?

UnionBank offers a 1-year fixed rate of 7.00% p.a. for home loan refinancing when applied through Nook. This is one of the most competitive rates currently available from a digital-forward Philippine bank. Note that interest rates are subject to change, so it's best to confirm the current rate when you apply.

Who qualifies for UnionBank home loan refinancing?

UnionBank accepts a broad range of borrower types including private employees, government workers, BPO employees, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income required is 30,000 pesos, and your total debt obligations should not exceed 50% of your gross monthly income. You can review the full eligibility details in our UnionBank housing loan requirements guide.

How much can I save by refinancing to UnionBank's 7.00% rate?

On a 3,000,000-peso home loan with 20 years remaining, switching from a 9.00% rate to UnionBank's 7.00% rate saves approximately 3,702 pesos per month — that's over 44,000 pesos per year and more than 888,000 pesos in total interest savings over the remaining loan term. Your actual savings will depend on your outstanding balance, remaining term, and current interest rate.

Is it free to refinance through Nook?

Yes, Nook's mortgage brokering service is 100% free to borrowers. Nook earns a fee from the bank only when your loan is successfully approved, so there is no cost, no hidden charges, and no obligation on your part. You get access to multiple lender options and full application support at zero expense.

Every month you wait costs you ₱3,702.

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

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