Security Bank offers fixed rates from 6.75% p.a. — but Nook partner banks can help you refinance to as low as 5.99% p.a. and save thousands every year.
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Why this matters
When comparing Security Bank vs Metrobank housing loan rates for 2026, it's important to look beyond the headline numbers. Security Bank — a verified Nook partner bank — offers competitive fixed rates: 6.99% p.a. for a 1-year fix and 6.75% p.a. for a 5-year fix, with a minimum monthly income requirement of just ₱50,000 and an approval timeline of around 23 days. Metrobank is also a well-known name in Philippine home lending, though their published rates typically fall in the 7%–10% range depending on fixing period and borrower profile — always check directly with the bank or a broker for the most current figures, as rates are subject to change.
What most homeowners don't realize is that switching banks through refinancing can dramatically reduce your monthly obligations. If you're currently on a Metrobank loan at a rate of 8.5% or higher, refinancing to a competitive Security Bank rate — or to Nook's best available rate of 5.99% p.a. — could save you tens of thousands of pesos per year. Nook's free broker service compares both banks and more on your behalf, so you're never leaving money on the table. You can also explore a triple comparison of BDO, Metrobank, and Security Bank to see how all three stack up side by side.
The real advantage of working with Nook is that you get verified, up-to-date rates from partner banks like Security Bank, professional guidance through the paperwork, and zero broker fees — ever. Whether you're refinancing from Metrobank or any other lender, Nook handles the legwork so you can focus on what matters: keeping more of your hard-earned money each month. For a deeper look at how these two banks compare on refinancing specifically, check out our detailed Metrobank vs Security Bank refinance rates guide.
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, a Nook partner bank, currently offers a 1-year fixed rate of 6.99% p.a. and a 5-year fixed rate of 6.75% p.a. for home loans. They also offer a Home Equity product at 7.50% p.a. Note that all rates are subject to change, so it's best to confirm current offerings through Nook or directly with the bank.
Metrobank's published home loan rates generally range from approximately 7% to 10% p.a. depending on the fixing period and the borrower's financial profile. These figures are based on publicly available information and may have changed — contact Metrobank directly or speak with a Nook advisor for the most accurate and current rates.
Both are reputable Philippine banks, but Security Bank's verified rates through Nook are highly competitive, with a 5-year fix at 6.75% p.a. and an efficient 23-day approval process. The right choice depends on your loan amount, income, and refinancing goals — Nook can assess both options for you at no cost and recommend the best fit.
Yes, refinancing from Metrobank to Security Bank is entirely possible if you meet Security Bank's requirements, including a minimum monthly income of ₱50,000 and a debt-to-income ratio of no more than 40%. Nook can help you determine your eligibility, prepare your documents, and submit your application — all for free.
Savings vary based on your loan balance, remaining term, and current interest rate, but many Filipino homeowners save between ₱3,000 and ₱6,000 or more per month by refinancing to a lower rate. Using the savings calculator above with your actual loan details will give you a clearer picture of your potential savings over the life of your loan.
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