Program highlights
As low as 5% downpayment
Your equity can be as low as 5% of property’s appraised value or total contract price, subject to developer tie-up program.
Easy application, fast processing
Head to any of BPI’s over 1,000 branches nationwide to start planning when you can move in.
30 year loan term
Stretch your payment period to as long as 30 years for lower monthly amortization.
Automatic debit arrangement
Sign up for automatic debit arrangement for worry-free payments. You can also pay online, via GCash or at BPI payment centers.
Earn 2% interest rebates
Pay on time and get 2% rebate on interest payments every year until the end of the term provided that the borrower has no late payments within the loan anniversary.
Apply starting with Php 25,000 monthly income
Lower income requirement - families with gross monthly income of Php 25,000 and higher are welcome to apply.
Promo mechanics
1. The MyBahay program is open to all qualified individuals, at least 21 y/o upon loan application and not more than 70 y/o upon loan maturity.
2. The MyBahay program can be availed via online, branch, developer, and broker-referred accounts.
3. All residential properties, excluding vacant lots, are allowed; however, limited to a maximum collateral value (i.e. Total Contract Price or Total Appraised* Value) of Php 3,500,000 only.
*subject to the bank’s regular property appraisal parameters
4. The maximum (or minimum) allowable loan amount is Php 3,325,000 (or Php300,000) while the maximum (or minimum) repayment term is 30 (or 1) year/s.
5. The client shall get a 2% rebate on interest payments every year until the end of the term provided that the borrower has no late payments within the loan anniversary.
6. The MyBahay program can be bundled with Step-Up Payplan and All-In-Financing payment solutions.
7. The MyBahay loan application is subject to the standard loan evaluation process, terms, and conditions of the bank.
Program features
1. Minimal cash out of 5% versus the bank’s total appraised value of collateral or the total contract price, subject to developer tie-up program of the bank.
2. Longer repayment term of 30 years.
3. Interest rebate paid every loan anniversary, if borrower incurred no late payments.
4. Minimum gross household income requirement of Php25,000.
5. Allowed loan purposes are for home acquisition and occupancy of real estate property or refinancing. Should be at least 90%* completed upon booking.
* except for Tier 1 and Tier 5 developers.
BPI MyBahay vs. BPI Housing Loan
Regular Housing Loan | BPI MyBahay | |
|---|---|---|
GMI Requirement | Php 40,000 | Php 25,000 |
Loanable Value | Up to 90% of appraised value or Total Contract Price* | Up to 95% of appraised value or Total Contract Price* |
Maximum Loan Term | Maximum 20 years | Maximum 30 years |
*Subject to bank’s developer tie-up program.
Customer support
For inquiries and comments, send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.
Related information
Housing Loan payment solutions
Check out the affordable payment options to own your dream house.
List of requirements
Click our Help & Support site for any inquiries/questions regarding your housing loan.
| BPI is regulated by the Bangko Sentral ng Pilipinas