Estimate your monthly payments on a PNB housing loan — then see how much you could save by refinancing to a lower rate through Nook, the Philippines' first digital mortgage broker.
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Why this matters
PNB (Philippine National Bank) is one of the Philippines' largest and most established lenders, offering housing loans for purchase, construction, and refinancing. Based on publicly available information, PNB's standard home loan rates typically range from 7.50% to 9.50% per annum depending on the fixing period and loan term — though these figures are approximate and subject to change without notice. If you took out a PNB housing loan a few years ago, there's a strong chance your current rate sits well above what's available in today's market. That gap can add up to hundreds of thousands of pesos over the life of your loan.
That's exactly why it's worth running the numbers. Using Nook's calculator, a borrower with a ₱3,000,000 outstanding balance at 8.50% p.a. over 20 years pays roughly ₱26,035 a month. At Nook's best available refinance rate of 5.99% p.a., that same loan costs just ₱22,966 — a difference of over ₱3,000 every single month. Whether you're looking to compare PNB against BDO or explore what other lenders offer, the key insight is the same: loyalty to one bank can be expensive. Refinancing lets you reset your rate without necessarily changing your loan term or disrupting your repayment schedule.
Nook works with a network of Nook partner banks that offer verified, competitive rates — and the entire broker service is 100% free to you as a borrower. Unlike going directly to a bank where you only see one set of rates, Nook lets you compare multiple lenders in one place with full transparency. If you want to dig deeper into how PNB stacks up against other options, check out our RCBC vs PNB home loan comparison for a side-by-side breakdown. All rates shown on this page are indicative and based on publicly available information — always verify current rates directly with your lender 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
This calculator uses standard amortisation formula to estimate monthly payments based on the loan amount, interest rate, and remaining term you input. The PNB rates shown are approximate figures based on publicly available information and are intended as a planning guide only — actual rates will depend on your loan profile, fixing period, and PNB's current offerings. Always confirm the exact rate with PNB or a licensed broker before committing.
Yes — refinancing your PNB home loan is entirely possible and is one of the most effective ways to reduce your monthly repayment. Nook can match you with partner banks offering rates as low as 5.99% p.a., which could significantly reduce what you pay each month. The process involves applying for a new loan with a different lender that pays out your existing PNB balance, leaving you with a lower rate going forward.
Nook's mortgage broker service is completely free to borrowers — Nook is compensated by the lending bank, not by you. You will still need to factor in standard refinancing fees such as appraisal costs, notarial fees, and documentary stamp tax, which vary by bank and loan amount. Nook's team will walk you through all expected costs upfront so there are no surprises.
PNB typically offers fixed-rate periods of 1, 2, 3, 5, and sometimes 10 years, after which the rate reprices based on prevailing market conditions. Shorter fixing periods generally come with lower initial rates but carry repricing risk, while longer fixing periods give you payment certainty. Note that specific rate tiers and fixing options should be confirmed directly with PNB as these are subject to change.
Generally, the more years remaining on your loan, the more you stand to save from refinancing — because a lower rate compounds its savings over a longer period. If you have 15 or more years left and your current rate is above 7.50%, refinancing could save you hundreds of thousands of pesos in total interest. Use Nook's calculator to model your specific scenario and see whether the numbers make sense for your situation.
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