RCBC offers a 1-Year Fixed rate of 7.00% p.a. — but if you're currently paying above that, refinancing through Nook could cut your monthly payments significantly. Our service is 100% free to you.
YOUR POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Thousands of Filipino homeowners are quietly overpaying on their home loans — sometimes by thousands of pesos every single month. If your mortgage is still locked into the rate you signed years ago, there's a strong chance you're paying 8%, 9%, or even higher. RCBC's 1-Year Fixed rate of 7.00% p.a. is one of the more competitive options available in the Philippine market today, and refinancing your existing loan to RCBC could mean meaningful savings from the very first repayment. Through Nook, you can explore RCBC's rates alongside other leading banks — all in one place, at zero cost to you. For a deeper look at what RCBC offers borrowers switching banks, see our complete guide to RCBC home loan refinancing rates and requirements.
Refinancing isn't just about chasing a lower number — it's about restructuring your loan so it works harder for you. RCBC accepts borrowers from a wide range of employment backgrounds, including private employees, OFWs and seafarers, self-employed individuals, and licensed professionals, with a minimum monthly income requirement of P50,000. Their typical approval timeline is around 49 days, and they support refinancing of ready-for-occupancy properties, resale homes, and home equity scenarios. Nook's licensed mortgage brokers handle all the paperwork and bank coordination on your behalf, so you don't have to navigate the process alone. If you want to understand exactly how the switch works step by step, our detailed RCBC refinancing process guide walks you through everything from application to release.
The numbers speak for themselves. On a P3,000,000 loan with a 20-year remaining term, moving from a 9.00% rate to RCBC's 7.00% rate could save you over P3,700 per month — that's more than P44,000 a year staying in your pocket instead of going to interest. Over the life of the loan, the difference compounds dramatically. Whether you're looking to reduce your monthly burden, free up cash flow, or simply make sure you're on the best possible rate, RCBC home loan refinancing is worth exploring seriously in 2026. Start with a free savings estimate through Nook today — no commitment, no fees, no pressure. Please note that interest rates are subject to change; verify current rates with RCBC or through Nook before making any financial 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 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 the value in their property. Please verify the latest rates directly with RCBC or through Nook, as rates are subject to change.
RCBC accepts applications from private employees, OFWs and seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is P50,000, and your total debt-to-income ratio should not exceed 30%. RCBC supports refinancing for ready-for-occupancy properties, resale homes, and home equity purposes.
RCBC's typical approval timeline is around 49 days from complete submission of documents. Having all your paperwork in order from the start can help avoid unnecessary delays. Nook's team will guide you through exactly what documents are needed and review everything before submission to give your application the best chance of smooth processing.
No — Nook's mortgage brokering service is completely free for borrowers. Nook is compensated by the bank when your loan is successfully processed, so you receive full broker support, document coordination, and rate comparison across multiple banks at zero cost to you. The only costs you may encounter are standard bank and government fees associated with the refinancing itself.
Absolutely, and we strongly recommend it. Through Nook, you can compare RCBC's refinancing rates against other leading Philippine banks in one free consultation — so you can be confident you're choosing the best deal for your situation. There's no obligation to proceed, and our advisors will give you an honest recommendation based on your loan details and financial profile.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →