Maybank Philippines offers competitive fixed rates starting at 6.99% p.a. — refinancing through Nook is completely free and could save you thousands every month.
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Why this matters
Maybank Philippines brings the financial strength and discipline of one of Southeast Asia's largest banking groups to the Philippine home loan market. As a Nook partner bank, Maybank offers fixed-rate home loan products with a 3-year fixed option at just 6.99% p.a. — one of the most competitive rates available today. Whether you are looking to refinance an existing home loan from another bank, fund a renovation, or tap your home equity, Maybank's range of loan purposes and borrower types gives you genuine flexibility. Minimum monthly income requirement starts at P40,000, making it accessible to salaried employees, government workers, BPO professionals, OFWs, and self-employed individuals alike.
Many Filipino homeowners who took out a home loan three to five years ago are still locked into rates between 8% and 10% p.a. — often without realising that refinancing is a straightforward process that can dramatically reduce their monthly obligations. On a P3,000,000 loan with 20 years remaining, moving from a 9% rate to Maybank's 3-year fixed rate of 6.99% can free up over P4,700 in cash every single month. Over the life of the fixed period and beyond, that represents real, meaningful savings that can go toward your children's education, emergency funds, or simply less financial stress. You can check today's mortgage interest rates across Philippine banks to see exactly where Maybank stands in the current market.
Nook is the Philippines' first digital mortgage broker, and our service is 100% free to borrowers. We handle the comparison, paperwork coordination, and bank communication on your behalf — so you get the best available rate without paying a single centavo in broker fees. Applying through Nook means your application is matched to the right bank for your income profile, employment type, and property situation. Maybank accepts borrowers with a maximum debt-to-income ratio of 40%, which means even homeowners with existing obligations may still qualify. Note that interest rates are subject to change; Nook will always present you with the most current rates available at the time of your application.
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
Maybank Philippines currently offers a 1-year fixed rate at 7.00% p.a., a 3-year fixed rate at 6.99% p.a., and a 5-year fixed rate at 7.50% p.a. for home loan refinancing. Their Home Equity product carries a rate of 9.88% p.a. Please note that these rates are subject to change, and Nook will confirm the latest applicable rates when you apply.
Maybank accepts a wide range of borrower types including private employees, government workers, BPO professionals, OFWs and seafarers, self-employed individuals, and licensed professionals. You will need a minimum monthly income of P40,000 and your total debt obligations should not exceed 40% of your gross monthly income. Nook can assess your eligibility for free before you formally apply.
Nook acts as your digital mortgage broker — we compare Maybank's rates against other partner banks, help you prepare your documents, and coordinate your application directly with the bank. The entire process is free of charge for borrowers, and you benefit from Nook's relationships with multiple lenders to ensure you get the best deal. Once approved, Maybank settles your existing loan balance and you begin paying your new, lower monthly amortisation.
Yes — refinancing from another bank to Maybank Philippines is exactly what this product is designed for. Whether your current loan is with BDO, BPI, Metrobank, Security Bank, or any other lender, Nook can help you switch if Maybank's rates offer you a better deal. If you are also evaluating other lenders, you may find it helpful to review the BPI housing loan requirements guide as a comparison point.
Maybank supports a broad range of loan purposes beyond simple refinancing, including home equity loans, new construction, pre-selling and ready-for-occupancy (RFO) properties, renovation financing, reselling, and foreclosed property acquisition. This makes Maybank a versatile option whether you are refinancing an existing obligation or funding a new property goal. Nook will help you identify which product fits your specific situation.
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