Thousands of SMDC Jazz Residences owners in Makati are still stuck on old bank rates above 8%. Refinance through Nook and cut your monthly payment by over ₱4,800 — completely free to apply.
JAZZ RESIDENCES OWNER SAVINGS ESTIMATE
No commitment. No credit check. Just your numbers.
Why this matters
SMDC Jazz Residences sits in one of Makati's most sought-after addresses along Nicanor Garcia Street in Bel-Air, making it a premium condo asset — and one that banks are genuinely eager to refinance. If you bought your unit a few years ago and locked in a rate somewhere between 8% and 10%, there's a very real chance you're significantly overpaying every single month. The best refinance rate currently available through Nook is 5.99% p.a., and for a ₱3,000,000 outstanding loan balance that translates to thousands of pesos back in your pocket each month. You can compare the latest home loan rates available in Makati to see exactly where your current rate stands against the market.
Refinancing a condo loan in a development like Jazz Residences is typically straightforward because the property is well-documented, professionally managed, and holds strong resale value — all factors that make lenders confident. Nook works with all major Philippine banks including BDO, BPI, Metrobank, Security Bank, RCBC, and more, shopping your application across multiple lenders simultaneously so you get the best possible offer without running around yourself. Our service is 100% free to borrowers; we're paid by the bank only when your loan is successfully approved. If you're curious how refinancing works for other premium Makati-area condos, see how owners of Two Serendra Red Oak in BGC are also reducing their monthly payments through the same process.
The application takes about 10 minutes online and requires only basic documents to get started — your latest Statement of Account from your current bank, a copy of your Transfer Certificate of Title (or Condominium Certificate of Title), and proof of income. Nook's mortgage specialists handle the legwork from there, coordinating with banks on your behalf and keeping you updated every step of the way. There are no hidden fees, no obligation, and no risk to applying. If the numbers work in your favour — and for most Jazz Residences owners they do — you could be saving tens of thousands of pesos every year.
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
Yes, but there may be a pre-termination fee charged by your current bank — typically 1% to 2% of the outstanding loan balance. Nook will help you calculate whether the long-term savings from refinancing outweigh that one-time cost, and in most cases where rates have dropped significantly, refinancing still makes strong financial sense.
Most major Philippine banks — including BDO, BPI, Metrobank, Security Bank, and RCBC — actively lend on SMDC Jazz Residences because it's a well-established, titled condominium development in a prime Makati location. Nook submits your application to multiple lenders at once, so you get competing offers rather than just one bank's rate.
For a ₱3,000,000 outstanding balance moving from 8.50% down to 5.99% on a 20-year term, the monthly saving is around ₱4,000 — that's over ₱48,000 per year and more than ₱700,000 over the life of the loan. Your actual savings will depend on your specific outstanding balance and current rate.
Nook's service is completely free to borrowers. We're compensated by the bank only when your refinance is successfully completed, so there's no cost to you at any stage of the process — not for the consultation, application, or follow-up. There are no hidden charges.
Most refinance applications take between 3 and 6 weeks from submission of complete documents to formal bank approval. Nook streamlines this by preparing your documents properly from the start and following up with lenders on your behalf, which significantly reduces back-and-forth delays.
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