Security Bank housing loan interest rate, explained
Security Bank interest rates aren't a single fixed number — they depend on your fixing term, loan amount and profile, and they move with the market. Here's exactly how a Security Bank housing loan rate works, and how Nook — your trusted Security Bank partner — checks its live pricing and compares 20+ banks to get you the sharpest rate, for free.
Why there's no single "Security Bank interest rate"
Security Bank is one of the Philippines' biggest banks and a popular choice for home financing. But the rate you'll actually pay is set by a few moving parts — not one advertised figure.
A Security Bank housing loan interest rate is normally quoted as a fixed rate for a fixing period you choose, with rates starting at 6.50% fixed for one year. During that period your rate is locked and your repayments don't change. Once the fixing period ends, the loan moves to a repricing rate that reflects market conditions at that time. Current published fixed rates by fixing term are:
- 1 year fixed — 6.25%
- 3 years fixed — 6.50%
- 4 to 5 years fixed — 7.00%
- 10 years fixed — 9.00%
Three things mostly drive the number you're offered: the fixing term you pick, the loan amount and property, and your income and credit profile. As a general rule, shorter fixing terms carry a lower headline rate but expose you to repricing sooner; longer fixing terms cost a little more for the certainty of a rate that won't move for years. Existing Security Bank clients with a strong banking relationship may also qualify for preferential pricing.
Because all of this shifts with the market and with your situation, the smartest move isn't to chase one advertised rate — it's to have Security Bank's current pricing checked for your profile and compared against the rest of the market at the same time. That's exactly what Nook does, at no cost to you.
The factors behind your Security Bank housing loan rate
Two borrowers can be quoted different Security Bank rates on the same day. These are the main reasons why.
Fixed vs variable
You lock a fixed rate for a chosen fixing term; after it ends the loan moves to a repricing (variable) rate. Fixed buys certainty, variable can move with the market.
Market conditions
Headline rates move as benchmark interest rates change, so a rate quoted this month may differ from last month's.
Loan & property
The amount you borrow, the loan-to-value ratio and the type of property all feed into the rate and approval.
Your profile
Income, employment type, residency and credit history influence both the rate offered and your chance of approval.
How Nook gets you the sharpest Security Bank rate — free
The lowest advertised rate isn't always the best deal once fixing terms, fees and approval odds are weighed up. Here's how Nook, your trusted Security Bank partner, makes sure you actually get the best one.
Nook is the Philippines' original and award-winning mortgage broker — awarded Best Mortgage Broker Philippines by the Pan Finance Business Awards. When you pre-qualify, a dedicated Nook loan consultant checks Security Bank's current pricing for your specific situation and lines it up against 20+ banks at the same time. You see the real numbers side by side and only proceed with Security Bank if it genuinely wins on rate and fit.
From there, Nook does the entire application for you. We prepare and check your documents, lodge everything with Security Bank and handle every back-and-forth with the bank until you're approved. You never fill in a bank form, queue at a branch or chase a loan officer — that's our job.
And it's 100% free to you. Security Bank and the other banks pay Nook a commission only once your loan is released, so this comparison and the full done-for-you application cost you nothing.
What you get when you let Nook handle your Security Bank rate
- Security Bank's live rate checked for your exact profile, not a generic advertised number
- Security Bank compared against 20+ banks side by side so you don't overpay
- A dedicated expert who runs the whole application end to end
- No branch visits — everything handled online and over chat
- Completely free — Security Bank pays Nook, not you
How to lock in your Security Bank housing loan rate with Nook
Pre-qualify
Answer a few questions at flow.nook.com.ph and see your options in about 3 minutes.
We check & compare
Nook checks Security Bank's current rate for your profile and compares it against 20+ banks.
We do the legwork
Your Security Bank application, documents and bank follow-ups — all handled for you.
Get approved
Lock in your rate and move into your home faster, with Nook beside you the whole way.
Security Bank housing loan questions, answered
What is the housing loan interest rate for Security Bank?
Security Bank housing loan rates start at 6.50% fixed for one year. The rate is quoted as a fixed rate for the fixing term you choose before the loan moves to a repricing rate — currently 6.25% for 1 year, 6.50% for 3 years, 7.00% for 4 to 5 years and 9.00% for 10 years. The exact number you're offered also depends on the loan amount, the property and your income and credit profile. Rather than relying on one advertised figure, Nook checks Security Bank's live pricing for your specific situation and compares it against 20+ banks at the same time, for free, so you can see whether Security Bank gives you the sharpest rate available.
Does Security Bank offer fixed or variable home loan interest rates?
Security Bank offers home loans with a fixed rate for a chosen fixing period — commonly 1, 3, 5 or up to around 10 years — after which the loan moves to a repricing (variable) rate that reflects market conditions at that time. A fixed period gives you certainty that your repayments won't change, while a shorter fixing term usually carries a lower starting rate but exposes you to repricing sooner. A Nook loan consultant explains the trade-off and models the options for your situation at no cost.
See your real Security Bank rate in 3 minutes.
Pre-qualify free and let a dedicated Nook expert check Security Bank's current pricing, compare 20+ banks and handle the entire application for you. Prefer to talk it through first? Chat to a live agent any day, 9am–9pm.
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