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COMPARE · 15 COMPANIES

Housing loans

Compare home loans for buying, building or improving a property. Look at mortgage rates, down payments and the repayment term together before choosing a lender.

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AI-generated scene of a couple outside a modest neighborhood house in the Philippines
A LITTLE ABOUT YOUR PLANS

Start with what you need.

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1 Your needs2 Your options
₱100,000₱10,000,000
60 months360 months

A shorter term can mean a higher monthly payment.

Helps check published income requirements.

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YOUR STARTING POINT, MADE CLEARER

15 companies to compare

Choose an amount and term above to see potential options.

Updates as you adjust

We check your choices against published information. Missing terms still need confirmation, appearing here does not mean approval. How this works

BPI

Housing Loan

Bank
Loan amount90% of property valuefrom ₱400,000
Term360 monthsfrom 12 months
Interest rate7%yearly · 1-year fixed
Monthly repayment—
Requirements & documents

Who can apply

  • Age 18–70 at maturity. Household income at least ₱40,000/month.
  • Eligible house/lot, townhouse, condo or vacant lot, property assessment required.

Documents to prepare

  • Application and two IDs. Employees: COE, three months payslips, ITR and verification authorization.
  • Business: registration/permit, ITR with audited accounts, six months working-account records and trade references. Property title/tax records and sale documents.
Apply now
EastWest Bank

Home Loan

Bank
Loan amount90% of property valuefrom ₱500,000
Term360 monthsfrom 12 months
Interest rate7%yearly · 1-year fixed
Monthly repayment—
Requirements & documents

Who can apply

  • Filipino, age 21–65 at maturity, with stable income and satisfactory credit history. OFWs may apply with an authorized representative.
  • Published gross monthly income requirement: ₱40,000. Co-borrowers may be considered, confirm whose income the bank will accept.

Documents to prepare

  • Application, two IDs, civil-status and address records, plus income evidence and property title/tax documents.
  • Employees: employment certificate and three months of payslips. Business applicants: three years of tax/financial statements, six months of bank statements and registration. Construction requires additional plans.
Apply now
RCBC

Home Loan

Bank
Loan amount—from ₱300,000
Term240 monthsfrom 12 months
Interest rate—
Monthly repayment—
Requirements & documents

Who can apply

  • Age 21+ at application, no older than 70 at maturity. Filipino/dual citizen, foreign applicants must be married to a Filipino.
  • Employees: two years employment and ₱40,000 gross monthly income. OFWs: two consecutive years abroad. Business: two profitable years.

Documents to prepare

  • Application, property title and tax declaration, construction needs a bill of materials. Income, identification and business records depend on applicant type.
Apply now
Security Bank

Home Loan · 1-year fixing

Bank
Loan amount—from ₱1,000,000
Term240 monthsfrom 60 months
Interest rate7.25%yearly
Monthly repayment—
Requirements & documents

Who can apply

  • Age 21–65 at maturity. COMBINED monthly income ₱50,000.
  • Two continuous years employed or three years legitimate, profitable business.

Documents to prepare

  • Signed application and government photo ID. Employees: employment certificate, ITR, three months payslips OR bank statements. Commission income needs longer records.
Apply now

Plan your repayments

Calculate payments →Check affordability →Compare written offers →
BEFORE YOU CHOOSE

What deserves a closer look

01

Separate tenor from rate fixing

A 20-year loan can have a rate fixed for only one year. Ask what determines the next rate.

02

Budget for costs beyond the deposit

Appraisal, mortgage registration, taxes and insurance may be separate from the purchase price and monthly payment.

03

Stress-test the repayment

Use a higher future rate in your budget before committing. Starting payments do not establish the lifetime cost.

Your questions, answered.

Can a home loan pay for construction or renovation?

Yes. Housing finance can cover a purchase, construction, renovation or refinancing, depending on the programme. BDO is one company in our comparison with several permitted purposes. Choose an offer for your actual project because release stages and property documents can differ.

Why can the bank valuation be lower than the selling price?

The lender assesses the property separately. If financing is based on a lower valuation, you may need more cash than expected.

What does a fixed-rate period mean on a home loan?

It is the period for which the quoted rate stays fixed, not necessarily the entire mortgage term. Ask how repricing works afterward.

Can a couple combine income for a housing loan?

Some lenders allow qualifying joint or family-income applications. Each applicant may need to provide income and identity records and accept responsibility for the debt. Confirm the arrangement with the bank before assuming both incomes will count.

What property documents may a bank ask for?

Expect the lender to check ownership and property tax records. Construction may need plans and a cost estimate, while refinancing may need the existing loan details. Ask for the checklist for your particular purpose before paying for document processing.

What costs should I budget for besides the down payment?

Allow for valuation or appraisal, mortgage registration and documentation, and required insurance. Your purchase may also involve separate transfer costs. Get an itemized list so you can separate loan charges from the costs of buying the property.

Does housing loan approval mean the property is risk-free?

No. Review ownership, restrictions, condition and purchase terms separately. A financing decision does not replace checking what you are buying.

Can I use extra savings to reduce my mortgage principal?

Ask about partial-prepayment rules, charges and timing. Get confirmation that the payment reduces principal rather than simply covering future installments.

Does Pesopal approve housing loans or lend me money?

No. Pesopal compares housing borrowing options and published information. The lender or programme administrator assesses your application and issues the offer. Changing our filters does not submit an application or guarantee eligibility.

What should I verify after comparing housing options on Pesopal?

Check the valuation, cash deposit, fixing period, repricing rules and insurance costs on the lender’s official website or app, then confirm your written offer.

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