Use Nook's free calculator to estimate monthly payments on any Philippine bank's property loan — then see if refinancing to 5.99% p.a. could save you thousands every year.
POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
A property loan calculator is one of the most useful tools a Filipino homeowner can have — but most bank calculators only show you their own rates, not what you could be paying elsewhere. Nook's free calculator lets you estimate monthly payments across any loan amount, term, and interest rate, so you can compare apples to apples. Whether you have an existing loan with BDO, BPI, Metrobank, Security Bank, or any other major Philippine bank, you can plug in your current rate and see exactly where your money is going every month. You might also want to use our home loan refinance calculator to see your potential savings side by side.
Most homeowners in the Philippines are locked into rates between 7% and 10% — rates that made sense when they first took out their loan, but may no longer be competitive. The property loan market has evolved, and the best available refinance rate today is 5.99% p.a. On a 3,000,000 peso loan with 20 years remaining, that difference alone can translate to over 3,000 pesos in monthly savings. Over the life of the loan, that's real money that stays in your pocket instead of going to your bank. Before you calculate, it's worth understanding where Philippine home loan interest rates are heading so you can time your refinance wisely.
Nook is the Philippines' first digital mortgage broker, and our service is completely free to borrowers. We work with all major banks — BDO, BPI, RCBC, Metrobank, Security Bank, UnionBank, Chinabank, PSBank, EastWest Bank, and more — to find you the best available rate for your specific property and financial profile. Once you've run the numbers in the calculator, our team can walk you through the refinancing process, help you gather the right documents, and submit your application on your behalf. There's no fee, no obligation, and no pressure.
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
A property loan calculator gives you a reliable estimate based on standard amortisation, but the actual payment will depend on your bank's specific terms, any applicable fees, and whether the rate is fixed or variable. Use it as a strong baseline for comparison, then confirm exact figures with your bank or a mortgage broker like Nook. The closer your inputs are to your actual loan details, the more accurate your estimate will be.
Most major Philippine banks — including BDO, BPI, Metrobank, and Security Bank — currently offer property loan rates ranging from around 6.5% to 10% p.a., depending on the loan amount, term, and your credit profile. Rates are often fixed for an initial period of 1 to 5 years, then re-priced. Through Nook, qualified borrowers can access refinance rates as low as 5.99% p.a.
Yes — simply enter your current loan balance as the loan amount, your remaining term in years, and toggle between your current rate and 5.99% to see the monthly payment difference. For a more complete picture including closing costs and break-even timelines, try the dedicated home loan refinance savings calculator. Seeing the numbers clearly is the first step to making a smart decision.
Typical refinance requirements include your latest loan statement, proof of income (payslips or ITR), a copy of your Transfer Certificate of Title, and a recent appraisal of the property. The exact list varies by bank, but Nook will guide you through everything. You can also get a head start by reviewing the full home loan refinance requirements in the Philippines.
Yes, completely. Nook is a mortgage broker, which means we're compensated by the bank when a loan is successfully placed — not by the borrower. There are no consultation fees, no application fees, and no hidden charges for using our calculator or our advisory service. The only costs you may encounter are standard bank processing and closing fees, which we explain upfront.
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