Thousands of Filipino homeowners with PBCOM home loans are overpaying every month. Refinance through Nook and access rates as low as 5.99% p.a. — completely free.
PBCOM BORROWER SAVINGS ESTIMATE
No commitment. No credit check. Just your numbers.
Why this matters
Philippine Bank of Commerce (PBCOM) offers home loans, but like many mid-tier banks in the Philippines, their variable rates tend to adjust upward after the initial fixing period. If you took out your PBCOM home loan more than two or three years ago, there's a strong chance your current rate is sitting somewhere between 8% and 10% — well above what the market now offers. Refinancing means replacing your existing loan with a new one at a lower rate, and the monthly difference can be significant. You can check how PBCOM's rates stack up against the broader market by reviewing current mortgage interest rates in the Philippines.
Nook is the Philippines' first digital mortgage broker, and our entire service is free to borrowers. We do the comparison work across multiple banks — BDO, BPI, Security Bank, Metrobank, RCBC, and others — so you don't have to approach each lender individually. For a 3,000,000 loan with 20 years remaining, switching from an 8.50% PBCOM rate to 5.99% through Nook could save you over 4,500 pesos every single month. That's money that stays in your family's budget instead of disappearing into interest charges.
The refinancing process in the Philippines typically takes 4 to 8 weeks from application to loan release, and Nook guides you through every step — from document preparation to bank submission and loan takeout. There are no broker fees, no hidden charges, and no obligation to proceed after your free consultation. If you're also comparing options across other lenders, you may find it useful to explore BPI housing loan requirements as one of the most competitive refinancing destinations in the market right now.
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, you can refinance your PBCOM home loan with any accredited bank in the Philippines. The new bank pays off your outstanding PBCOM balance and issues you a new loan at the lower rate. Nook helps you identify which bank offers the best terms for your specific loan amount and remaining tenure.
PBCOM, like most Philippine banks, may charge a prepayment or early termination fee if you refinance within the fixed-rate lock-in period — typically the first 1 to 3 years of the loan. Once your lock-in period has expired, you can usually refinance without penalty. Nook will review your existing loan terms before recommending any action.
Nook's service is completely free for borrowers — we earn a referral fee from the bank, not from you. You will still need to budget for standard third-party refinancing costs such as appraisal fees, registration fees, and documentary stamps, which typically range from 1% to 2% of the loan amount. Nook provides a full cost breakdown before you commit.
The typical refinancing timeline in the Philippines is 4 to 8 weeks from submitting your complete documents to receiving loan proceeds. Delays usually occur when documents are incomplete or property titles have issues, so Nook's team works with you upfront to catch any problems early and keep the process moving.
You'll generally need valid government-issued IDs, your latest income documents (payslips or ITR), a copy of your existing PBCOM loan statement, your Transfer Certificate of Title (TCT), a tax declaration, and a recent property appraisal. Nook provides a personalised checklist based on your employment type — whether you're salaried, self-employed, or an OFW.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →