If you took out your RCBC home loan more than 2 years ago, there's a good chance you're paying too much interest. Refinancing through Nook could save you over 58,000 pesos every year — completely free.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
RCBC is one of the Philippines' most established home loan providers, offering fixed-rate periods, flexible loan terms, and financing for a wide range of property types — from ready-for-occupancy condos to resale houses. But like all Philippine banks, RCBC reprices its home loans every 1, 2, or 3 years. If your fixed-rate period has already reset, your current interest rate could be sitting anywhere between 8% and 10% — significantly higher than what's available in the market today. RCBC's current 1-year fixed rate for refinancing starts at 7.00% p.a., and through Nook you can compare this against other lenders to find your best possible deal.
Refinancing your RCBC home loan doesn't have to mean leaving RCBC — it means using competition between banks to your advantage. Nook works as a free digital mortgage broker, submitting your application to multiple partner banks simultaneously so you can see real offers side by side. Whether you want to stay with RCBC at a re-negotiated rate or move to a lender offering a sharper deal, Nook helps you make that decision with full information. If you're curious how RCBC stacks up against the competition, you can compare BPI vs RCBC home loan rates or see how BDO's refinancing terms compare to RCBC before you decide.
To qualify for RCBC home loan refinancing, you'll need a minimum monthly income of 50,000 pesos, and RCBC accepts applications from private employees, OFWs and seafarers, self-employed individuals, and licensed professionals. Typical approval takes around 49 days, and RCBC keeps its debt-to-income ratio requirement at 30% — meaning your total monthly loan obligations should not exceed 30% of your gross monthly income. Nook's team will walk you through every document requirement and eligibility check at zero cost to you. Note that interest rates are subject to change; always verify the latest figures directly with your lender or through Nook before making any decisions.
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
RCBC currently offers a 1-year fixed refinancing rate of 7.00% p.a. for home loan refinancing. They also offer a Home Equity rate of 8.00% p.a. for borrowers looking to unlock equity from their property. Rates are subject to change, so we recommend verifying the latest figures through Nook or directly with RCBC before applying.
Yes — you are fully entitled to refinance your RCBC mortgage with a competing bank if they offer better terms. The new bank pays off your outstanding RCBC balance and issues you a new loan at the lower rate. Nook can submit your application to multiple banks at once so you can compare offers and choose the best fit.
On a 3,000,000-peso loan with a 20-year remaining term, switching from a 9.00% rate to 5.99% p.a. could save you over 4,000 pesos per month and more than 700,000 pesos over the life of the loan. Your actual savings will depend on your outstanding balance, remaining term, and the rate you qualify for — use Nook's free calculator for a personalised estimate.
RCBC requires a minimum monthly income of 50,000 pesos and a debt-to-income ratio of no more than 30%. They accept applications from private employees, OFWs and seafarers, self-employed individuals, and licensed professionals. You'll typically need valid government IDs, proof of income, your latest loan statement, and property documents — Nook will provide a complete checklist once you start your application.
RCBC's typical loan approval timeline is around 49 days from the time a complete application is submitted. Processing time can vary depending on the completeness of your documents and the complexity of your property title. Nook helps you prepare a complete application upfront, which reduces the risk of delays caused by missing requirements.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →