Estimate your Metrobank housing loan monthly payment — then see if you could be paying significantly less by refinancing through Nook's partner banks for free.
POTENTIAL MONTHLY SAVINGS
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Why this matters
If you're researching Metrobank housing loan options, you're already asking the right questions. Metrobank is one of the Philippines' largest banks and offers home loan products across a range of terms and fixing periods. Based on publicly available information, Metrobank's standard housing loan rates typically fall between 7.00% and 10.00% per annum depending on the fixing period and your loan profile — though these rates are approximate and subject to change. For a detailed breakdown of what Metrobank currently offers across different terms, see our guide to Metrobank housing loan interest rates and monthly payments for 2026. Always verify current rates directly with the bank before making any financial decisions.
Using a housing loan calculator is a smart first step, but the real question isn't just what your monthly payment will be — it's whether that payment is the lowest it could possibly be. Many Filipino homeowners who took out their Metrobank home loan two, three, or five years ago are still paying rates of 8% to 10%, simply because they haven't explored refinancing. Nook's partner banks currently offer rates as low as 5.99% p.a., which on a 3,000,000 peso loan over 20 years can mean thousands of pesos in savings every single month. Curious about what real borrowers have experienced? Check out what actual Metrobank borrowers are saying in 2026 before you decide.
Nook is the Philippines' first digital mortgage broker, and our service is completely free to you as a borrower. We work with multiple accredited partner banks to find you the most competitive refinancing rate available — without you having to visit a single branch or fill out the same form over and over. Whether you're currently with Metrobank or another lender, Nook can help you compare your options in minutes. Note that all interest rates displayed are indicative and subject to change based on bank policies and your individual loan profile.
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
A housing loan calculator gives you a useful estimate of your monthly amortization based on the loan amount, interest rate, and term you enter. However, your actual payment may differ because banks factor in processing fees, insurance premiums (MRI and fire insurance), and your specific rate based on your credit profile. Always treat calculator results as a starting point, and confirm final figures directly with Metrobank or your chosen lender.
Based on publicly available information, Metrobank's housing loan rates are typically in the range of 7.00% to 10.00% per annum, depending on the fixing period you choose (1-year, 3-year, 5-year, etc.) and your loan amount. These are approximate figures and are subject to change — Metrobank may offer promotional rates at certain times. For the most accurate rate, contact Metrobank directly or check our 2026 Metrobank interest rate guide for context.
Yes — refinancing is one of the most effective ways to reduce your monthly mortgage payment, and many Metrobank borrowers have done exactly this. Through Nook, you can compare offers from multiple partner banks currently offering rates as low as 5.99% p.a. The entire process is free to you as a borrower, and Nook handles the legwork of comparing lenders on your behalf.
The refinancing process typically takes four to eight weeks from application to loan release, depending on how quickly documents are submitted and processed by your new lender. Nook streamlines this by guiding you through every step digitally, helping you avoid common delays. You can start by getting a free rate comparison in just a few minutes online.
Nook's mortgage brokering service is 100% free for borrowers — there is no consultation fee, no application fee, and no hidden charges on Nook's side. The standard costs you would pay are the same closing and transfer fees you would encounter applying directly to a bank (such as notarial fees, title transfer costs, and appraisal fees). Nook is transparent about these upfront so there are no surprises.
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