RCBC offers competitive housing loan rates starting at 7.00% p.a. — but if you're on an older loan, you could be paying far more. See how much you could save by refinancing through Nook for free.
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Why this matters
RCBC (Rizal Commercial Banking Corporation) is one of the Philippines' most active home lending banks, offering housing loan products for purchases, refinancing, home equity, and pre-selling properties. For 2026, RCBC's 1-year fixed rate starts at 7.00% p.a., with a home equity rate of 8.00% p.a. — among the more competitive offerings available today. RCBC accepts a wide range of borrower profiles including salaried employees in the private sector, OFWs and seafarers, self-employed individuals, and licensed professionals, with a minimum monthly income requirement of P50,000 and a maximum debt-to-income ratio of 30%.
If you took out your housing loan several years ago, there's a strong chance your current interest rate is significantly higher than what's available today. Many Filipino homeowners are still locked into rates of 8%, 9%, or even 10% — rates that made sense at the time but now represent thousands of pesos in unnecessary monthly costs. Refinancing your existing loan — whether it's currently with RCBC or another bank — to a lower rate can dramatically reduce your monthly payment and free up cash for other financial goals. You can learn more about what's involved in RCBC housing loan refinancing and how to lower your monthly payments.
Nook is the Philippines' first digital mortgage broker, and our service is completely free to borrowers. We work with RCBC and a network of other partner banks to find you the best available rate for your situation — handling the comparison, paperwork coordination, and bank communication on your behalf. Typical RCBC loan approvals through Nook take around 49 days. Whether you're refinancing an existing loan or applying for a new RCBC housing loan, Nook simplifies the entire process. If you want to understand what documents and eligibility criteria are involved, check out our complete guide to RCBC housing loan requirements for 2026. Note: interest rates are subject to change — always verify the latest rates directly with RCBC or through Nook 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 1-year fixed housing loan rate for 2026 starts at 7.00% p.a., with a home equity rate of 8.00% p.a. These are among the more competitive rates available in the Philippine market today. Rates are subject to change, so it's best to confirm the latest figures with RCBC directly or through a broker like Nook.
RCBC accepts borrowers who are privately employed, OFWs or seafarers, self-employed, or licensed professionals. You'll need a minimum monthly income of P50,000 and your total monthly debt obligations should not exceed 30% of your gross monthly income. RCBC also accepts loan purposes including purchase of RFO and pre-selling properties, refinancing, reselling, foreclosed assets, and home equity.
RCBC's typical loan approval timeline is around 49 days from complete submission of documents. The exact timeline can vary depending on the complexity of your application and how quickly you submit your requirements. Applying through Nook can help streamline the process since our team guides you on exactly what's needed from day one.
It depends on your current rate and remaining loan balance. If you're currently paying 8.5% or higher, refinancing to a lender offering 7.00% on a P3,000,000 balance could save you over P4,000 per month. Nook compares rates across multiple banks — including RCBC — so you can be confident you're getting the best deal available, not just the first one offered.
No — Nook's service is 100% free to borrowers. We're compensated by the bank when your loan is successfully placed, so you pay nothing for the comparison, advice, or application support. There are no hidden charges on Nook's side, though standard bank processing fees may still apply depending on the lender.
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