Metrobank runs periodic housing loan promos — but the best rates in the market may not come from your current bank. Nook lets you compare Metrobank promos against verified offers from multiple lenders, for free.
POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Metrobank regularly offers housing loan promotions — fixed-rate intro periods, special rates for payroll account holders, and seasonal campaigns tied to property expos or developer partnerships. These promos can look attractive upfront, but it's important to understand that promo rates are typically fixed for a short period (usually 1 to 3 years), after which your rate reprices to a standard variable rate that can be significantly higher. Based on publicly available information, Metrobank's standard housing loan rates generally range from 7% to 10% per annum depending on the fixing period and your loan profile — though these figures are approximate and subject to change. Always verify current rates directly with Metrobank before making any financial decisions.
If your current Metrobank housing loan has already repriced — or if you're comparing promos before taking out a new loan — it's worth checking what's available through Nook's Metrobank home loan refinancing guide. Nook works with multiple partner banks that offer verified, competitive rates starting at 5.99% p.a. Because Nook is a licensed mortgage broker, the service is completely free to borrowers — banks pay Nook directly, not you. That means you get access to multiple competitive offers without any broker fees or hidden charges.
The math on refinancing can be compelling. On a 3,000,000 loan with a 20-year remaining term, moving from a repriced rate of 8.50% to 5.99% could reduce your monthly amortisation by thousands of pesos — and save you hundreds of thousands over the life of the loan. Whether you're currently with Metrobank or another lender, refinancing your Metrobank home loan through a Nook partner bank is one of the most straightforward ways to lock in a better deal. Use Nook's free comparison tool to see your actual numbers before committing to any promo.
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 housing loan rates tied to property fairs, developer partnerships, or account relationships — these can include reduced fixed rates for an introductory period of 1 to 3 years. After the promo period ends, your rate will reprice based on prevailing market rates, which may be considerably higher. It's important to understand the full repricing schedule, not just the headline promo rate, before committing.
Metrobank's promo rates change frequently and are not always published in real time online — the most reliable way to get current rates is to contact Metrobank directly or visit a branch. Keep in mind that the rate you're quoted may depend on your loan amount, fixing period, and relationship with the bank. For a broader market comparison, Nook can show you verified rates from multiple lenders side by side, at no cost to you.
Not necessarily — it depends on the rate offered, the fixing period, and what you'd qualify for elsewhere. Metrobank promos are often competitive for new borrowers, but if you're already an existing Metrobank borrower whose rate has repriced upward, refinancing to a Nook partner bank at 5.99% p.a. could offer significantly better long-term savings. Nook makes it easy to compare both options without any obligation.
Eligibility for Metrobank housing loan promos generally follows their standard requirements — Filipino citizenship or eligible foreign national status, a minimum age of 21 at application, stable income, and a satisfactory credit history. Some promos may require you to have a Metrobank deposit account or meet a minimum loan amount threshold. You can find a full breakdown in our Metrobank housing loan requirements guide.
Yes — if your existing Metrobank housing loan has already repriced or if you find a better rate elsewhere, you can refinance through Nook to a partner bank offering more competitive terms. The process involves settling your outstanding Metrobank balance with your new lender, and Nook handles much of the coordination for free. Most borrowers who refinance through Nook see their monthly payments drop meaningfully within the first month of the new loan taking effect.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →