INSTANT CALCULATIONS

Smart Security Bank Loan Calculator
Overpaying Your Bank?

By the Nook Editorial Team · Reviewed to Nook's editorial standards

Calculate your Security Bank housing loan payments instantly and discover how much you could save by refinancing through Nook's free broker service.

POTENTIAL MONTHLY SAVINGS

8.50%
Your likely rate
5.99%
Best available
₱5,557
estimated monthly savings on a ₱3,000,000 loan

No commitment. No credit check. Just your numbers.

2,400+
Homeowners helped
₱9.2K
Avg. monthly savings
15
Partner banks
100%
Free service

Why this matters

Your bank is counting on you not checking.

Security Bank offers competitive housing loan rates starting at 6.75% for 5-year fixed terms, making them one of the Philippines' most accessible home loan providers. With a minimum monthly income requirement of just ₱50,000 and support for various employment types including OFWs, BPO workers, and self-employed professionals, Security Bank welcomes a diverse range of borrowers. Their typical approval process takes around 23 days, and they maintain a maximum debt-to-income ratio of 40%.

Whether you're looking at current Security Bank housing loan rates for a new purchase or considering refinancing your existing loan, their comprehensive loan programs cover everything from pre-selling units to foreclosed properties. Through Nook's partnership with Security Bank, you can access these competitive rates while enjoying completely free broker services that handle the entire application process for you.

Use our calculator above to estimate your monthly payments and potential savings. Remember that refinancing with Security Bank could significantly reduce your monthly obligations, especially if you're currently paying above 7% on your existing home loan. All calculations are based on standard amortization schedules, and actual rates may vary based on your credit profile and loan terms.

The monthly numbers on a ₱3,000,000 balance

Current payment at 8.50% ₱26,144
Refinanced payment at 5.99% ₱20,587
Monthly savings ₱5,557
Annual savings ₱66,684
Total savings over remaining term ₱1,333,680

Three steps. No paperwork until you decide.

1

Check your rate (60 seconds)

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.

2

Talk to a Nook consultant (15 minutes)

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.

3

Nook handles everything

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

What Security Bank housing loan applicants ask us.

How accurate is the Security Bank housing loan calculator?

Our calculator uses Security Bank's current partner rates and standard amortization formulas to provide highly accurate estimates. However, your final rate may vary based on your credit score, income verification, and chosen loan term, so we recommend getting a personalized quote through Nook for the most precise calculations.

What interest rates does Security Bank currently offer?

Security Bank offers 1-year fixed rates at 6.99%, 5-year fixed rates at 6.75%, and home equity loans at 7.50%. These competitive rates are available through Nook's partnership program, and interest rates are subject to change based on market conditions.

What are Security Bank's minimum requirements for housing loans?

Security Bank requires a minimum monthly income of ₱50,000 and maintains a maximum debt-to-income ratio of 40%. They accept various employment types including private employees, government workers, BPO staff, OFWs, self-employed individuals, and professionals.

How long does Security Bank housing loan approval take?

Security Bank typically processes housing loan applications within 23 days from complete document submission. The timeline may vary depending on the complexity of your application and property verification requirements.

Can I refinance my existing home loan with Security Bank?

Yes, Security Bank accepts refinancing applications for existing home loans. If you're currently paying above 7%, refinancing with Security Bank's competitive rates could result in substantial monthly savings, and Nook can help you navigate the entire process at no cost.

Every month you wait costs you ₱5,557.

Check your exact savings in 60 seconds. It's free and takes no commitment.

Check My Savings Now →