Comparing PBCOM vs BDO home loan rates could reveal thousands in annual savings — Nook helps you switch to the best deal, completely free.
POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
If you currently have a home loan with PBCOM (Philippine Bank of Communications), you may be paying a rate anywhere between 7.5% and 9.5% per annum — especially if your loan is more than a year old and you haven't repriced recently. PBCOM offers home loan products to Filipino borrowers, but its rates are not always the most competitive in the market, particularly when compared against larger universal banks with greater funding capacity. That gap in rate can translate to a significant difference in your monthly amortisation, often thousands of pesos every single month on a standard loan of 3,000,000 pesos or more.
BDO Unibank, one of Nook's verified partner banks, currently offers a 1-year fixed refinancing rate of 6.00% per annum, with a minimum monthly income requirement of 50,000 pesos and a typical approval timeline of around 30 days. BDO accepts a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. This makes BDO an accessible and competitive refinancing destination for most Filipino homeowners looking to lower their monthly payments. You can review the full details in our BDO home loan interest rate guide for 2026.
Refinancing from PBCOM to BDO through Nook is straightforward and costs you nothing — Nook's mortgage broker service is 100% free to borrowers. Nook handles the comparison, paperwork coordination, and bank communication on your behalf, so you don't have to navigate the process alone. Whether your goal is to reduce your monthly amortisation, shorten your remaining loan term, or tap your home equity, switching banks at the right time can make a meaningful difference to your financial health over the life of your loan. If you want to understand what documents and eligibility criteria are involved, our BDO housing loan requirements guide covers everything you need to know. Note that interest rates are subject to change — always verify current rates directly with the bank or through Nook before making a decision.
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, refinancing from PBCOM to BDO is a standard process where BDO pays off your existing PBCOM loan and takes over as your new lender at a lower interest rate. You will need to meet BDO's eligibility requirements, including a minimum monthly income of 50,000 pesos and a satisfactory credit history. Nook can assess your eligibility and manage the entire application for free.
BDO currently offers a 1-year fixed refinancing rate of 6.00% per annum through Nook's partner bank program. This rate is significantly lower than what many PBCOM borrowers are currently paying, which often ranges between 7.5% and 9.5%. Interest rates are subject to change, so it's best to confirm the latest rate with Nook before applying.
On a loan of 3,000,000 pesos with a remaining term of 20 years, switching from an 8.50% PBCOM rate to BDO's 6.00% rate could reduce your monthly payment by over 3,000 pesos, adding up to more than 37,000 pesos in annual savings. Your actual savings will depend on your specific loan balance, remaining term, and the rate you are currently on.
Refinancing does involve certain bank and government fees, such as appraisal fees, documentary stamp tax, and registration costs — these are standard across all Philippine home loan refinances. However, Nook's broker service is completely free to you as the borrower; Nook is compensated by the bank, not by you. It's worth calculating your total refinancing costs against your projected savings to confirm the switch makes financial sense for your situation.
BDO typically processes refinancing applications within approximately 30 days from the time all required documents are submitted. The overall timeline can vary depending on how quickly documents are gathered and whether there are any title or appraisal complications. Nook helps keep the process on track by guiding you through the document requirements and following up with the bank on your behalf.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →