RATE COMPARISON

UnionBank vs RCBC Rates Decoded
Overpaying Your Bank?

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

Get the real comparison between UnionBank and RCBC home loan rates. Find better options through Nook's free refinancing service.

POTENTIAL SAVINGS

8.25%
Your likely rate
5.99%
Best available
₱4,397
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.

Both UnionBank and RCBC offer competitive home loan products, but their rates can vary significantly based on your profile and loan amount. UnionBank typically offers rates starting from 7.5% while RCBC's rates begin around 8.0%, though both banks may quote higher rates depending on your creditworthiness and loan-to-value ratio.

Rather than limiting yourself to just these two options, Nook helps you compare rates from over 15 Philippine banks simultaneously. Many of our clients who were considering UnionBank or RCBC refinancing discovered even better rates with other lenders, often saving thousands monthly on their mortgage payments.

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

Current payment at 8.25% ₱25,316
Refinanced payment at 5.99% ₱20,919
Monthly savings ₱4,397
Annual savings ₱52,764
Total savings over remaining term ₱791,460

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 borrowers comparing UnionBank and RCBC homeowners ask us.

Which bank offers better home loan rates - UnionBank or RCBC?

Both banks offer competitive rates, but UnionBank typically has slightly lower starting rates around 7.5% compared to RCBC's 8.0%. However, your actual rate depends on factors like credit score, income, and loan amount, so it's worth comparing personalized quotes from both.

Can I refinance from UnionBank to RCBC or vice versa?

Yes, you can refinance your existing home loan from UnionBank to RCBC or the other way around if you find better terms. Nook can help you compare both options plus rates from 13+ other banks to ensure you get the best possible deal.

What are the processing requirements for UnionBank vs RCBC home loans?

Both banks require similar documents: income proof, bank statements, property documents, and valid IDs. UnionBank typically processes applications within 2-3 weeks while RCBC takes 3-4 weeks, though timeline can vary based on loan complexity and completeness of documents.

Are there prepayment penalties when switching from UnionBank or RCBC?

Most Philippine banks including UnionBank and RCBC charge prepayment penalties for early settlement, typically 1-5% of outstanding balance. However, the long-term savings from a lower rate often outweigh these one-time costs, especially for larger loan amounts.

How does Nook help me compare UnionBank and RCBC rates?

Nook provides free rate comparison across 15+ banks including UnionBank and RCBC, showing you personalized quotes based on your actual loan profile. We handle the entire refinancing process at no cost to you, ensuring you get the best available rate in the market.

Every month you wait costs you ₱4,397.

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

Check My Savings Now →