1. Featured Articles
  2. Real Estate News
  3. Featured Properties
  4. Real Estate Tips
  5. Broker Tips
  6. Lifestyle
  7. Free Resources
See all Real Estate Tips

Housing Loans in the Philippines – Interest Rate Comparison Guide

Everyone desires to live in the comfort of their own home and purchasing a house is probably the biggest investment you will ever make. Being able to save enough for one is a feat in itself. If you don’t own a house yet, a housing loan is the solution that will help you get and pay for your own dream home.

An important factor to consider when choosing the best housing loan is the interest rate. With numerous banks and lending institutions out there, it would be great if you can determine the one that offers the best and most effective home loan in the Philippines.

Basically, the key rates of Bangko Sentral ng Pilipinas influence housing loan interest rates in the Philippines. Currently, the base lending rate is recorded at 6% which means your interest will be 3.5% on a (BLR-2.5%) loan.

We have come up with an interest rate comparison chart to help you compare and decide which housing loan here in the Philippines is ideal for you.

hoppler housing loans


This chart compares the following banks and lending institutions:

  • Security Saving Bank
  • Eastwest Bank
  • Hong Kong and Shanghai Banking Corporation (HSBC)
  • Unionbank
  • Bank of the Philippine Islands (BPI)
  • Chinatrust Commercial Bank Co. (CTBC)
  • Maybank
  • PSBank
  • Metrobank
  • Allied Bank
  • Chinabank
  • BDO
  • RCBC
  • PAG-IBIG Fund
  • Social Security System (SSS)

A housing loan is a big investment that can permanently affect your life. Careful decisions must be made in order to avoid a lapse in judgment that could potentially lead you in debt. Therefore, given your future cash flow and expected monetary requirements, choose a housing loan you are most comfortable with. After all, your ultimate goal is to own your dream home and not be in a pile of debt.

Related articles