Many PNB housing loan borrowers are paying rates between 7% and 10% per year. Nook can help you compare and switch to a verified rate as low as 5.99% p.a. — for free.
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Why this matters
Philippine National Bank (PNB) is one of the country's long-standing commercial banks and offers home loans to qualified Filipino borrowers. Based on publicly available information, PNB housing loan interest rates typically range from around 7% to 10% per annum depending on the fixing period, loan amount, and borrower profile. These rates are approximate and subject to change — always verify the current rates directly with PNB before making any financial decisions. If you're an existing PNB borrower whose fixed-rate period is ending, now is a smart time to evaluate whether you're still getting a competitive deal. You can also explore refinancing your PNB housing loan to see what better rates are available through Nook's partner banks.
Refinancing means replacing your current home loan with a new one at a lower interest rate — ideally before your bank reprices you at a higher rate. Through Nook, Filipino homeowners can compare verified offers from multiple partner banks and access rates starting at 5.99% p.a. For a loan of 3,000,000 pesos with 20 years remaining, moving from 8.50% to 5.99% could save you over 3,900 pesos every single month. That's real money back in your pocket each month — money that could go toward your children's education, your emergency fund, or paying down your principal faster. Nook's service is completely free to borrowers; the bank pays us, not you.
Not sure if you qualify? Nook works with a wide panel of Philippine banks and can assess your situation quickly. Whether your loan is currently with PNB or another lender, our team will match you with the best available offer based on your income, property value, and remaining loan balance. Interest rates are subject to market changes, so the sooner you act, the better positioned you'll be to lock in a lower rate. Learn more about how PNB housing loan refinancing works in the Philippines and take the first step toward a lower monthly payment 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
Based on publicly available information, PNB housing loan interest rates generally range from approximately 7% to 10% per annum, depending on the loan term, fixing period, and your borrower profile. These rates are approximate and subject to change without notice, so we strongly recommend verifying the latest figures directly with PNB. If you want to compare PNB's rates against verified offers from multiple banks, Nook can do that for you for free.
Yes — refinancing your PNB housing loan with another bank is a common and straightforward process in the Philippines. You simply apply for a new home loan with a partner bank, use the proceeds to pay off your PNB balance, and start making payments at the new, lower rate. Nook handles the comparison and application process on your behalf, making it easy to switch without the usual paperwork headache.
Savings depend on your remaining balance, current rate, and the new rate you qualify for. For example, on a 3,000,000-peso loan with 20 years remaining, moving from 8.50% to 5.99% p.a. could save you around 3,901 pesos per month — or over 700,000 pesos across the life of the loan. Use Nook's free calculator to get a personalised estimate based on your actual numbers.
General eligibility requirements for home loan refinancing in the Philippines include being a Filipino citizen or qualified foreigner, having a stable source of income (employed or self-employed), and having a property with a clean title that can serve as collateral. Your loan should ideally have been active for at least one to two years, and your remaining balance should typically be at least 1,000,000 pesos. Nook will assess your specific situation and match you with the bank most likely to approve your application.
Yes, completely free. Nook is the Philippines' first digital mortgage broker and earns a referral fee from the bank — not from you. There are no hidden charges, no broker fees, and no obligation to proceed after your free assessment. You get expert guidance and access to competitive rates from multiple banks without spending a single peso.
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