Refinancing your Maybank home loan — or switching to Maybank — could cut your monthly payments significantly. Nook connects you to the best available rates for free.
YOUR POTENTIAL SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Whether you're currently with Maybank and want to explore better options, or you're with another bank and considering a transfer to Maybank, refinancing your home loan is one of the most impactful financial moves you can make. Maybank Philippines offers competitive fixed rates starting from 6.99% p.a. on a 3-year fixed term — well below the 8–10% that many Filipino homeowners are still paying on older loan packages. On a 3,000,000 loan with 20 years remaining, that difference alone can translate to tens of thousands of pesos back in your pocket every year. You can check how Maybank's rates compare against the broader market on our current mortgage interest rates page.
Maybank accepts a wide range of borrower profiles — including private employees, government workers, BPO employees, OFWs, seafarers, self-employed individuals, and licensed professionals — with a minimum monthly income requirement of 40,000 pesos and a maximum debt-to-income ratio of 40%. Their loan programmes cover ready-for-occupancy properties, pre-selling units, reselling, new construction, renovation, home equity, and even foreclosed properties. This flexibility makes Maybank a strong refinancing destination for homeowners whose circumstances have changed since they first took out their mortgage. If you're also comparing refinancing options at other institutions, our guide to BPI housing loan requirements is a useful reference point.
Nook is the Philippines' first digital mortgage broker, and our service is completely free for borrowers. We do the legwork of comparing lenders, checking your eligibility, and guiding you through the paperwork — so you don't have to navigate the process alone. With Nook, you can get a personalised refinancing quote in minutes and find out exactly how much you could save by switching to or from Maybank. Note that interest rates are subject to change; we always recommend verifying the latest rates directly before proceeding with any 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 of 7.00% p.a., a 3-year fixed rate of 6.99% p.a., and a 5-year fixed rate of 7.50% p.a. for home loan refinancing. Their home equity loan rate is 9.88% p.a. These rates are subject to change, so it's worth getting a live quote through Nook to confirm the most current pricing before you commit.
Yes — Maybank accepts loan transfers from other Philippine banks, which means you can move your existing mortgage to Maybank to take advantage of their rates. The process involves paying off your current loan using a new Maybank facility, and Nook can help you assess whether the savings justify any associated switching costs. Most borrowers who switch find that the monthly savings recover any fees within the first year or two.
Maybank requires a minimum monthly income of 40,000 pesos and a maximum debt-to-income ratio of 40%, meaning your total monthly debt obligations (including the new mortgage) should not exceed 40% of your gross monthly income. Eligible borrowers include private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. Nook can pre-assess your eligibility before you formally apply.
On a 3,000,000 peso loan with 20 years remaining, moving from an 8.50% rate down to Maybank's 6.99% 3-year fixed rate could reduce your monthly repayment by roughly 3,800 to 4,000 pesos. Over a full 20-year term, that adds up to well over 600,000 pesos in total interest savings. Your actual savings will depend on your current rate, remaining balance, and loan term — Nook can calculate this precisely for your situation.
Yes, Nook's service is completely free for borrowers regardless of which bank you end up with. Nook is compensated by the lending institution if your loan is successfully placed, so there is no fee, no hidden charge, and no obligation on your part. You get independent guidance, rate comparisons across multiple banks, and full application support at zero cost to you.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →