Metrobank is one of the Philippines' largest home loan lenders — but many borrowers are still on older, higher rates. See how much you could save by refinancing to a lower rate through Nook, completely free.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Metrobank housing loan interest rates in 2026 typically range from around 7% to 10% per annum depending on your loan amount, fixing period, and credit profile. These rates are based on publicly available information and are approximate — actual rates offered to you may differ based on current bank promotions, your loan-to-value ratio, and your relationship with the bank. Rates are subject to change without notice, so always verify directly with Metrobank or an accredited broker before making any decisions. If you want a quick estimate of what your monthly payments might look like, try the Metrobank housing loan calculator for the Philippines to model different scenarios.
What many Metrobank borrowers don't realise is that the rate they were given at loan origination may no longer be competitive — especially if they took out their loan three or more years ago. Philippine banks reprice home loans at the end of each fixed-rate period, and borrowers who don't actively shop around often roll onto higher variable rates by default. This is exactly where Nook helps: as the Philippines' first digital mortgage broker, Nook compares verified rates from multiple partner banks so you can see your real refinancing options in one place, with zero broker fees charged to you. You can also read a detailed walkthrough of the Metrobank home loan refinancing process and rates if you're considering switching.
To be eligible for a home loan or refinance in the Philippines, you generally need to be between 21 and 65 years old at loan maturity, have a stable source of income (employed or self-employed), and own a property that meets the bank's collateral requirements. A clean credit history and sufficient income to cover the monthly amortisation — typically requiring a debt-to-income ratio below 40% — are also key factors. Nook's free service helps you understand your eligibility across multiple lenders so you're not wasting time applying to banks that won't approve you.
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
Based on publicly available information, Metrobank housing loan rates in 2026 generally range from approximately 7% to 10% per annum, depending on the fixing period, loan amount, and borrower profile. These figures are approximate and subject to change — you should contact Metrobank directly or use a broker like Nook to get a verified current rate quote tailored to your situation.
Metrobank is competitive within the Philippine market, but rates vary significantly across lenders and even across different fixing periods within the same bank. Nook partner banks offer rates starting from 5.99% p.a., which may be substantially lower than what you're currently paying. The only way to know for sure is to compare — and Nook does that comparison for free.
Yes, you can refinance your Metrobank home loan to a different bank if a better rate is available elsewhere. Refinancing typically makes financial sense when the new rate is at least 1–2 percentage points lower than your current rate and you have enough remaining loan term to recover any switching costs. Nook can help you assess whether refinancing is worth it for your specific situation at no cost to you.
Metrobank's standard housing loan requirements include a completed application form, valid government-issued IDs, proof of income (payslips, ITR, or audited financial statements for the self-employed), and property documents such as the Transfer Certificate of Title and tax declaration. Additional documents may be required depending on your loan type and employment status — it's best to confirm the full checklist with Metrobank or through a broker who handles the paperwork on your behalf.
Yes, Nook's service is 100% free for borrowers. Nook is compensated by the partner bank once your loan is successfully processed, which means you get professional guidance, rate comparisons, and application support at zero cost to you. There are no hidden fees, no upfront charges, and no obligation to proceed after your initial comparison.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →