Many PNB borrowers are locked into rates of 8% or higher — refinancing through Nook could drop your rate to as low as 5.99% p.a. and save you thousands every month.
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Why this matters
Philippine National Bank (PNB) is one of the country's largest government-linked banks and offers home loan products to qualified Filipino borrowers. Based on publicly available information, PNB housing loan interest rates generally range from around 7% to 9.5% p.a. depending on the fixing period, loan term, and your borrower profile. These rates are approximate and subject to change — always verify the latest rates directly with PNB before making any financial decisions. If you're currently repaying a PNB home loan, your rate may be higher than what's available in the market today, especially if you took out your loan several years ago when rates were less competitive.
One of the most powerful — and often overlooked — tools available to Filipino homeowners is refinancing. If your remaining loan balance is at least ₱1,000,000 and you've been repaying for at least a year, you may qualify to refinance your PNB housing loan through Nook's partner banks at rates starting at 5.99% p.a. Nook is the Philippines' first digital mortgage broker, and the service is completely free for borrowers — Nook's fee is paid by the bank, not you. That means you get access to verified, competitive rates without any additional cost.
Before you commit to staying with PNB or switching lenders, it pays to compare. Different banks offer different rate structures — some have attractive short fixing periods that reset higher, while others offer more stable medium-term fixes. Understanding the full picture, including PNB's eligibility requirements and what competing banks are currently offering, helps you make a smarter financial decision. Use the savings estimate above as a starting point, then speak with a Nook advisor to get a personalised comparison based on your actual loan details. Interest rates shown are indicative only and based on publicly available market information — rates change frequently and your actual savings will depend on your specific loan balance, term, and approved rate.
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
Based on publicly available information, PNB housing loan rates in 2026 are estimated to range from approximately 7% to 9.5% p.a., depending on the loan amount, fixing period, and your borrower profile. These figures are approximate and subject to change — contact PNB directly or visit a branch for the most current rates. For a verified comparison across multiple banks, Nook can provide up-to-date options at no cost to you.
PNB typically offers fixed-rate periods of 1, 2, 3, 5, or 10 years, after which the rate may reprice to prevailing market rates. This means your monthly payment could increase significantly once the fixing period ends, which is one reason many borrowers explore refinancing before that repricing kicks in. If your PNB fixing period is ending soon, it's an ideal time to compare options through Nook.
Your monthly amortisation depends on three factors: your outstanding loan balance, your interest rate, and the remaining loan term. For example, a ₱3,000,000 loan at 8.5% over 20 years results in a monthly payment of approximately ₱26,035, while the same loan at 5.99% would be around ₱21,321 — a difference of over ₱4,700 per month. Use the savings card on this page as a quick estimate, or speak with a Nook advisor for a calculation based on your actual numbers.
Yes — if you have at least ₱1,000,000 remaining on your PNB home loan and have been repaying for at least 12 months, you may be eligible to refinance through one of Nook's partner banks at rates starting at 5.99% p.a. Refinancing replaces your existing loan with a new one at better terms, and Nook handles the entire process for free on your behalf. Visit our dedicated page to learn more about how to refinance your PNB housing loan.
Yes, completely free. Nook is a licensed mortgage broker that earns a referral fee from the bank when a loan is successfully placed — you pay nothing extra for the service. You get access to Nook's panel of partner banks, competitive verified rates, and a dedicated advisor who guides you through the entire process from comparison to approval, at zero cost to you.
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