Use Nook's free calculator to estimate your Security Bank home loan amortization and discover how much you could save by refinancing to a rate as low as 5.99% p.a.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
If you're searching for a Security Bank home loan calculator, you're already thinking like a smart homeowner. Security Bank is one of the Philippines' most competitive home loan providers, offering fixed rates starting at 6.99% p.a. for a 1-year fix, 7.25% for 3 years, and 7.75% for 5 years — well below what many Filipinos are currently paying on older loans. But if your existing home loan was taken out a few years ago, there's a good chance your rate is significantly higher, and that difference translates directly into thousands of pesos wasted every single month. The amortization example above is based on a ₱3,000,000 loan with a 20-year remaining term — a common scenario for mid-career homeowners in Metro Manila and surrounding provinces.
Calculating your monthly amortization manually can be tricky, especially when comparing fixed-rate periods, repricing schedules, and total interest costs over the life of your loan. That's where Nook comes in. As a free digital mortgage broker, Nook does the number-crunching for you — comparing rates across multiple banks so you can see side-by-side what you'd actually pay. If refinancing to Security Bank makes sense for your situation, Nook can facilitate your application at zero cost to you. You can also explore the full picture in our Security Bank housing loan interest rates and requirements guide to understand how their rate tiers and eligibility criteria work together.
Whether you're a salaried employee, an OFW, a self-employed professional, or a freelancer, Security Bank accepts a wide range of employment types with a minimum monthly income of ₱50,000. Their typical approval timeline of around 23 days is among the faster turnarounds in the Philippine home loan market. If you're already considering a switch, our dedicated Security Bank home loan refinancing guide for 2026 walks you through exactly what to expect. Remember: interest rates are subject to change — always verify current rates directly with the bank 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
Your monthly amortization depends on three factors: your loan amount, your interest rate, and your loan term. For example, a ₱3,000,000 loan at Security Bank's 1-year fixed rate of 6.99% p.a. over 20 years works out to approximately ₱23,225 per month. Nook's free calculator handles this automatically so you don't need to do the math yourself.
Security Bank currently offers fixed rates starting at 6.99% p.a. for a 1-year fix, 7.25% for a 3-year fix, and 7.75% for a 5-year fix. There is also a Home Equity loan rate of 7.50% p.a. These rates are competitive within the Philippine market, but they are subject to change — check with Nook or Security Bank directly for the most current figures.
Yes — refinancing is one of Security Bank's supported loan purposes, and Nook can facilitate your application completely free of charge. Nook acts as your digital mortgage broker, comparing Security Bank's offer against other lenders to make sure you're getting the best available rate for your profile. The entire process is handled online, saving you time and bank visits.
Security Bank accepts borrowers across a wide range of employment types including private employees, government workers, BPO professionals, OFWs and seafarers, self-employed individuals, licensed professionals, and freelancers. The minimum monthly income requirement is ₱50,000, and your total debt-to-income ratio should not exceed 40%. Nook can help you assess your eligibility before you formally apply.
Security Bank's typical approval timeline is around 23 days, which is relatively fast compared to many Philippine banks. The timeline can vary depending on the completeness of your documents and the complexity of your application. Applying through Nook helps streamline the process because Nook's team reviews your documents before submission to catch any issues early.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →