If you took out a home loan with Philippine Business Bank, there's a good chance you're paying more than you need to. Nook can help you switch to a rate as low as 5.99% p.a. — for free.
YOUR POTENTIAL SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Philippine Business Bank has carved out a niche serving small and medium enterprises, and their home loan products reflect that heritage — designed more for business owners than for borrowers focused on getting the sharpest possible rate. If you took out a PBB housing loan two or more years ago, your current interest rate is likely somewhere between 8% and 9.5%, and that gap between what you're paying and what's available in the market today could be costing you tens of thousands of pesos every year. Refinancing means replacing your existing PBB loan with a new one from a competing bank at a significantly lower rate — and your monthly savings start from day one. You can check current mortgage interest rates in the Philippines to see exactly how PBB stacks up against today's best offers.
The good news is that Philippine homeowners have never had more options when it comes to refinancing. Major banks like BPI, Security Bank, BDO, and Metrobank are actively competing for well-qualified borrowers, and rates as low as 5.99% p.a. are genuinely available to those who qualify. On a 3,000,000 peso loan with 20 years remaining, even dropping from 8.50% to 5.99% translates to over 4,500 pesos saved every single month. That's money that could be redirected to your children's education, your emergency fund, or simply back into your pocket. Nook does all the comparison work for you — across multiple banks simultaneously — so you don't have to call each lender individually or navigate confusing loan packages on your own.
Refinancing a PBB home loan is straightforward when you have the right guide. Nook handles the paperwork coordination, bank submissions, and follow-ups on your behalf, and our service is completely free to borrowers — we're compensated by the bank you ultimately choose. Most clients complete the process within 4 to 8 weeks, and the savings they unlock continue for the remaining life of their loan. Whether your priority is a lower monthly payment, a shorter loan term, or simply peace of mind that you're not overpaying, Nook makes it easy to find out what you qualify for today.
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. Major banks including BPI, BDO, Security Bank, and Metrobank all accept refinancing applications from borrowers with existing loans at other institutions, including PBB. As long as you meet the bank's income and credit requirements and have a good repayment track record, your current lender has no bearing on your eligibility.
On a 3,000,000 peso loan with 20 years remaining, switching from a typical PBB rate of 8.50% to 5.99% p.a. saves approximately 4,545 pesos per month — that's over 54,000 pesos a year and more than 800,000 pesos over the remaining loan term. Your actual savings will depend on your outstanding balance, remaining term, and the rate you qualify for.
Many banks, including PBB, include early settlement or pre-termination fees in their loan agreements, typically ranging from 1% to 3% of the outstanding balance within a lock-in period. It's important to check your loan documents or call PBB directly to confirm any fees that apply. In most cases, even after accounting for these costs, the long-term savings from refinancing far outweigh the one-time penalty.
You'll typically need your latest PBB loan statement, proof of income (payslips or ITR for the past two years), a copy of the Transfer Certificate of Title (TCT), the latest tax declaration, and valid government-issued IDs. If you're self-employed or a business owner — which is common among PBB borrowers — you'll also need audited financial statements. Nook will give you a complete checklist tailored to the bank you're applying to.
The full refinancing process typically takes between 4 and 8 weeks from application to loan release, depending on the receiving bank and how quickly documents are submitted. Nook manages the entire process on your behalf — comparing rates across multiple banks, preparing your application, and coordinating with lenders — so you don't have to chase anyone yourself. Our service is 100% free to you as the borrower.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →