If your PBCOM home loan is repricing soon — or already has — you could be paying thousands more per month than necessary. Nook finds you a better rate in minutes, for free.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
PBCOM (Philippine Business Bank) offers home loans to Filipino borrowers, but like most local banks, their rates are subject to repricing after the fixed-rate period ends — typically every 1 to 3 years. When that repricing happens, many homeowners find themselves locked into rates of 8% or higher with little negotiating power. The good news is that you are never truly stuck. Refinancing your PBCOM home loan through Nook lets you compare offers from BDO, BPI, Security Bank, RCBC, and other major Philippine lenders to find the most competitive rate available today. Check current mortgage interest rates in the Philippines to see just how much room there is between what you're paying now and what's possible.
The refinancing process involves transferring your outstanding loan balance to a new lender who offers better terms. This is a completely legitimate and widely-used financial strategy in the Philippines — and Nook makes it straightforward. We handle the comparison, paperwork coordination, and bank negotiations on your behalf, at zero cost to you. For a 3,000,000 peso loan with 20 years remaining, even dropping from 8.50% to 5.99% translates to savings of over 4,000 pesos every single month. Over the life of the loan, that's real money back in your pocket. If you're weighing your options, it also helps to understand BPI's housing loan requirements, as BPI is one of the most competitive refinancing destinations for PBCOM borrowers.
Eligibility for refinancing is generally straightforward if your loan is in good standing and you have at least 3 years remaining on your term. You'll need proof of income, your latest loan statement, and property documents — Nook will walk you through exactly what's needed based on the lender you choose. The sooner you act after a repricing, the more total interest you can avoid paying. Start with a free savings estimate from Nook and find out how much your PBCOM refinance could save 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
Yes, absolutely. Refinancing simply means transferring your outstanding loan balance from PBCOM to a new lender offering better terms. Any Philippine bank or institution that offers home loan refinancing can be a potential destination, and Nook compares multiple lenders simultaneously to find your best option.
The ideal time to refinance is just before or right after your fixed-rate period ends and your loan is about to reprice. However, if you are already on a high floating rate, refinancing as soon as possible maximises the interest savings over your remaining loan term — even mid-term switches can be worthwhile.
There are typically some one-time costs involved, such as appraisal fees, documentary stamp tax, and notarial fees charged by the new lender. Nook's service to you as the borrower is completely free — we are compensated by the receiving bank, not by you. We will always give you a clear breakdown of any costs before you commit.
For a 3,000,000 peso loan with 20 years remaining, switching from a typical PBCOM rate of around 8.50% to the best available rate of 5.99% saves approximately 4,139 pesos per month. Over the full loan term, that adds up to more than 745,000 pesos in total interest savings.
The typical refinancing timeline in the Philippines is 4 to 8 weeks from application to loan release, depending on the receiving bank and how quickly documents are submitted. Nook helps keep things moving by coordinating directly with the lender and flagging any missing requirements early in the process.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →