Many Metrobank housing loan borrowers are paying 7.50% or higher — refinancing through Nook could cut your monthly payment by thousands of pesos, for free.
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Why this matters
Metrobank is one of the Philippines' largest and most trusted banks, and its housing loan products have long been a go-to choice for Filipino homebuyers. In 2026, Metrobank continues to offer home loan packages with fixed-rate periods, flexible terms, and occasional promotional rates for select borrowers. However, promotional offers tend to be time-limited, tied to specific property developments, or reserved for priority banking clients — so the rate you were quoted a year ago may not reflect what's available today. Rates shown on this page are approximate, based on publicly available information, and are subject to change without notice. Always verify the current rate directly with Metrobank before making any financial decisions.
If you already have an existing Metrobank housing loan, the more important question isn't what their current promo rate is — it's whether your existing rate is still competitive. Most Filipino homeowners locked in rates between 7% and 10% during the past several years. With refinancing rates now available as low as 5.99% p.a. through Nook's panel of partner banks, many borrowers stand to save significantly over the remaining life of their loan. Before you apply for a new Metrobank promo, it's worth knowing what other lenders will offer you right now. You can review Metrobank's housing loan requirements and eligibility criteria to understand what's needed if you do decide to proceed with them directly.
Nook is the Philippines' first digital mortgage broker, and our service is completely free to borrowers. We work with multiple partner banks to find you the most competitive refinancing rate based on your loan amount, property, and financial profile — then handle the paperwork and coordination so you don't have to. Whether you're refinancing away from Metrobank or simply shopping around before committing to a promo, Nook gives you a clearer picture of the market in one place. If you're still gathering documents and want to understand what lenders typically ask for, our guide on Metrobank housing loan requirements for employed and self-employed borrowers is a useful starting point.
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
Metrobank periodically offers promotional home loan rates for select borrowers, property partnerships, or limited campaign periods — but these are not always publicly listed and can change without notice. As a general guide, Metrobank's standard fixed rates have historically ranged from around 7% to 9% depending on the fixing period and borrower profile. We strongly recommend contacting Metrobank directly or using a broker like Nook to compare current rates across multiple lenders at once.
Eligibility for Metrobank housing loan promos typically depends on factors like your income, employment status, credit history, and the property you're financing. Some promotional rates are exclusive to borrowers purchasing from accredited developers or to Priority Banking clients. To improve your chances, ensure your documents are complete and your financials are in order — you can review a full checklist of typical requirements before you apply.
If you already have an existing home loan at 7.5% or higher, refinancing to a lower rate — even with a different bank — will almost always save you more money than waiting for a promo from your current lender. Nook compares rates from multiple partner banks so you can see your best option in one step, without any cost to you. The right choice depends on your remaining balance, term, and how the new rate compares to what you're currently paying.
On a 3,000,000 peso loan with 20 years remaining, moving from a 7.75% rate to 5.99% could reduce your monthly payment by over 1,700 pesos — adding up to more than 300,000 pesos in total interest savings over the life of the loan. Your actual savings will depend on your specific loan balance, remaining term, and the rate you qualify for. Nook can give you a personalised estimate for free.
Yes — Nook charges borrowers nothing for its mortgage brokerage service. Nook is compensated by its partner banks when a loan is successfully placed, which means you get access to rate comparisons, expert guidance, and full application support at no cost to you. There are no hidden fees, and you're never obligated to proceed with any offer you receive.
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