RCBC offers a 1-year fixed rate starting at 7.00% p.a. — but through Nook, Filipino homeowners are refinancing to rates as low as 5.99% p.a. and saving thousands every month.
RCBC VS. BEST AVAILABLE RATE
No commitment. No credit check. Just your numbers.
Why this matters
RCBC (Rizal Commercial Banking Corporation) is one of the Philippines' most established home loan lenders, offering competitive fixed-rate packages for purchase, refinancing, home equity, and pre-selling properties. Their current 1-year fixed rate starts at 7.00% p.a., making them a solid option — especially for private employees, OFWs, seafarers, and self-employed professionals who meet their minimum monthly income requirement of ₱50,000. RCBC also has a relatively accessible debt-to-income threshold of 30%, and their typical approval timeline runs around 49 days. If you want a full breakdown of what documents you'll need, see our RCBC housing loan requirements guide for 2026.
That said, the rate you see advertised isn't always the rate you'll be offered. Banks reprice their fixed-rate terms annually, and many homeowners who took out loans 3–5 years ago are now sitting on rates of 8%, 9%, or even higher after their initial fixed period expired. If your loan has repriced and you haven't shopped around, there's a real chance you're overpaying. On a ₱3,000,000 loan, the difference between 7.00% and 5.99% translates to over ₱1,700 in monthly savings — that's more than ₱21,000 back in your pocket every year.
Nook is the Philippines' first digital mortgage broker, and we work with RCBC alongside a panel of other top Philippine banks to find you the lowest rate you actually qualify for. Our service is completely free to borrowers — we're paid by the bank, not you. Whether you're looking to refinance your existing RCBC housing loan or compare RCBC against other lenders before deciding, Nook can run the numbers and handle the paperwork on your behalf. Interest rates are subject to change — always verify current rates before making a decision.
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's current 1-year fixed rate starts at 7.00% p.a. for standard home loans, with a home equity rate of 8.00% p.a. These rates apply to qualified borrowers and are subject to change — Nook can confirm the latest rates and check if you qualify before you apply.
RCBC accepts applications from private employees, OFWs, seafarers, self-employed individuals, and licensed professionals. You'll need a minimum monthly income of ₱50,000 and must meet their 30% maximum debt-to-income ratio. See our full RCBC housing loan requirements guide for the complete eligibility checklist.
Yes — RCBC accepts refinancing applications, and Nook can help you apply at no cost. We'll compare RCBC's offer against other partner banks to make sure you're getting the lowest rate available for your loan size and profile. The process is fully digital and we handle the coordination with the bank.
RCBC's typical approval timeline is around 49 days from complete submission of requirements. Having a mortgage broker like Nook manage your application can help avoid delays caused by missing documents or back-and-forth with the bank's processing team.
Going through Nook doesn't cost you anything extra — our broker fee is covered by the bank, so you pay the same or less than applying directly. The key advantage is that Nook compares RCBC against multiple lenders simultaneously, so if another bank offers a better rate for your profile, you'll know before you commit.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →