Use Nook's free calculator to estimate your Security Bank housing loan monthly amortization — then see if you could be paying less with a better rate in 2026.
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Why this matters
Security Bank is one of the Philippines' most competitive home loan providers, offering fixed-rate periods from 1 to 5 years. Their current rates start at 6.99% p.a. for a 1-year fixed, 7.25% for 3-year fixed, and 7.75% for a 5-year fixed term — making them a strong option whether you're buying a new property or looking to refinance your existing loan. With a minimum monthly income requirement of just P50,000 and approval typically completed in around 23 days, Security Bank is accessible to a wide range of borrowers including salaried employees, self-employed professionals, BPO workers, OFWs, and freelancers. If you're shopping around, it's worth checking out the Security Bank vs Metrobank refinance rates comparison to see how they stack up against another major lender.
To estimate your monthly amortization on a Security Bank housing loan, the key variables are your loan amount, your chosen fixed-rate period, and your remaining loan term. For example, on a P3,000,000 loan over 20 years at Security Bank's 1-year fixed rate of 6.99%, your estimated monthly payment would be around 22,966 per month. If you're currently paying a higher rate — say 9% or above on an older loan — refinancing to Security Bank through Nook could save you thousands of pesos every single month. Many Filipino homeowners are still on repriced rates of 8% to 10% and don't realise how much they're overpaying. You can also explore the Chinabank vs Security Bank comparison for 2026 if you want to see all your options before deciding.
Nook is the Philippines' first digital mortgage broker, and our service is completely free to borrowers. We help you compare Security Bank's housing loan rates alongside other leading banks, prepare your documents, and submit your application — all without charging you a single peso. Whether you're computing a fresh purchase loan or exploring refinancing, our calculator gives you an instant, no-sign-up estimate so you can make an informed decision. Note that interest rates are subject to change; always verify the latest rates directly with Security Bank or through Nook before committing to an application.
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
Security Bank currently offers a 1-year fixed rate of 6.99% p.a., a 3-year fixed rate of 7.25% p.a., and a 5-year fixed rate of 7.75% p.a. These rates apply to both new purchase loans and refinancing. Interest rates are subject to change, so confirm the latest figures with Security Bank or through Nook before applying.
Your monthly amortization depends on your loan amount, interest rate, and loan term. For a P3,000,000 loan at 6.99% over 20 years, the estimated monthly payment is around 22,966. Nook's free calculator lets you adjust these variables instantly so you can find a payment that fits your budget.
Security Bank accepts applications from a wide range of employment types, including private and government employees, BPO workers, OFWs and seafarers, self-employed individuals, licensed professionals, and freelancers. The minimum monthly income requirement is P50,000, and the maximum debt-to-income ratio allowed is 40%.
Yes — Nook is 100% free to borrowers. As a Nook partner bank, Security Bank loans can be applied for directly through Nook's platform, where our team handles document preparation and submission on your behalf. You get the same bank rates with the added support of a dedicated mortgage broker at no cost to you.
Security Bank's typical loan approval timeline is around 23 days from complete document submission. Applying through Nook can help speed up the process since our team ensures your documents are complete and correctly prepared before submission, reducing the chances of delays or back-and-forth with the bank.
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