PSBank borrowers are often paying 7% to 9% or more on their home loans. With Nook, you could refinance to as low as 5.99% p.a. and keep thousands more in your pocket every year.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
If you currently have a PSBank home loan, there's a good chance your interest rate has crept upward through repricing cycles, and you may not have compared the market in years. PSBank's standard home loan rates typically range from 7% to 10% depending on your fixing period and loan vintage — rates that made sense when you signed, but may no longer be competitive today. Refinancing your PSBank mortgage through Nook means we shop the market across multiple partner banks on your behalf, at absolutely no cost to you, to find a rate that actually reflects current conditions.
The process is simpler than most homeowners expect. Nook's mortgage specialists handle the paperwork, coordinate with your new lender, and guide you through every step — from initial assessment to loan release. You don't need to cold-call banks or wade through confusing rate sheets. Many PSBank borrowers who refinance through Nook are able to lock in rates starting at 5.99% p.a., which on a 3,000,000 peso loan over 20 years translates to meaningful monthly relief and significant long-term savings. Note that rates shown are approximate and based on publicly available information; actual rates depend on your loan profile and are subject to change.
The right time to refinance is typically when you have at least 5 or more years remaining on your loan and your outstanding balance justifies the switching costs. If you're unsure whether now is the right moment, Nook's team can give you a free, no-obligation assessment. You can also explore our PSBank home loan rate comparison guide to see how alternative lenders stack up before you decide.
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. Refinancing — also called a loan transfer — allows you to move your outstanding home loan balance from PSBank to a new lender offering better terms. You are not locked in once your current fixing period ends, and even during a fixed-rate period it may still make financial sense depending on any prepayment penalties in your loan contract.
Nook partner banks currently offer rates starting at 5.99% p.a., though the exact rate you qualify for will depend on your loan amount, remaining term, property type, and creditworthiness. Rates are subject to change, so getting an assessment sooner rather than later locks in today's market conditions.
Nook's service is completely free for borrowers. We are compensated by the bank you ultimately choose, so you receive expert mortgage brokering, rate comparison, and application support at zero cost to you. There may be standard third-party fees such as appraisal or transfer taxes, which your Nook advisor will walk you through upfront.
The refinancing process typically takes four to eight weeks from application to loan release, depending on document completeness and the new bank's processing times. Nook helps you prepare a complete document package from the start to avoid unnecessary delays.
PSBank may charge a prepayment penalty if you transfer your loan during a fixed-rate lock-in period — this is standard practice across Philippine banks. We recommend reviewing your loan agreement or asking your PSBank branch for the specific penalty schedule, and your Nook advisor can help you calculate whether the savings still outweigh the cost.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →