METROBANK RATES

Beat Metrobank's High Interest Rates
Overpaying Your Bank?

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

Metrobank housing loan rates can reach 8.50% or higher. Refinance with Nook's partner banks and save thousands monthly.

YOUR POTENTIAL SAVINGS

8.50%
Your likely rate
5.99%
Best available
₱4,850
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.

Metrobank housing loan interest rates typically range from 7.50% to 9.50% annually, depending on your loan amount, term, and credit profile. While Metrobank is one of the Philippines' largest banks, their home loan rates often exceed what you could get through refinancing with other lenders.

If you're currently paying Metrobank's standard rates, you could potentially save significant money by refinancing through Nook's partner banks. Our Metrobank housing loan calculator shows exactly how much you're paying now versus what you could pay with rates as low as 5.99%. Unlike working directly with banks, Nook's service is completely free and we help you compare multiple lenders at once.

Please note that Metrobank rates shown are approximate estimates based on publicly available information and are subject to change. For the most accurate current rates and a personalized comparison, contact Nook today to explore your refinancing options.

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

Current payment at 8.50% ₱25,918
Refinanced payment at 5.99% ₱21,068
Monthly savings ₱4,850
Annual savings ₱58,200
Total savings over remaining term ₱970,000

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 Metrobank borrowers considering refinancing ask us.

What is Metrobank's current housing loan interest rate?

Metrobank housing loan rates typically range from 7.50% to 9.50% annually, though exact rates depend on your loan amount, term, and creditworthiness. These are approximate rates based on publicly available information and may change without notice.

Can I refinance my Metrobank home loan to get a lower rate?

Yes, many Metrobank borrowers successfully refinance to lower rates with other banks. Through Nook's partner banks, you could potentially get rates as low as 5.99%, which could save you thousands of pesos monthly depending on your loan balance.

How much can I save by refinancing my Metrobank housing loan?

Savings depend on your current rate and remaining balance, but many borrowers save 3,000 to 8,000 pesos monthly. For a 3 million peso loan, switching from 8.50% to 5.99% could save nearly 5,000 pesos per month or almost 1 million pesos over the loan term.

Is there a penalty for paying off my Metrobank housing loan early?

Metrobank typically charges prepayment penalties for early settlement, usually 1-5% of the outstanding balance depending on your loan terms. However, the long-term savings from refinancing often outweigh these one-time costs, and Nook can help you calculate if refinancing makes financial sense.

How long does it take to refinance from Metrobank to another bank?

The refinancing process typically takes 30-60 days from application to loan release. Nook streamlines this process by handling applications with multiple partner banks simultaneously, helping you secure approval faster than applying directly with individual lenders.

Every month you wait costs you ₱4,850.

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

Check My Savings Now →