MyBahay

Your family dream home now made affordable and within your reach with low downpayment and longer payment terms. Plus, earn interest rebates when you pay on time.

APPLY NOW

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 25% interest rebates

Pay on time and get 25% rebate on interest payments every year, capped at 5 years*

*2% rebate will be applied after the 5th year, until the end of the term.

Promo will run from January 8, 2024 to June 30, 2024.

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.

Promotion mechanics

1. The MyBahay promo period will run from January 8, 2024 to June 30, 2024 for online, branch, developer, and broker-referred accounts. The booking period is up to September 30, 2024.

2. 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.

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 3Mn only.

*Subject to the bank’s regular property appraisal parameters.

4. The maximum (or minimum) allowable loan amount is Php 2.85Mn (or Php 300,000) while the maximum (or minimum) repayment term is 30 (or 1) year/s.

5. The client shall get a 25% rebate on interest payments every year during the fixing years, capped at 5 years only. The 2% rebate on interest payments will be applied after the 5th year, until the end of the term.

6. The MyBahay Savings Program cannot be in conjunction with future enhancements in the MyBahay Program including, but not limited to lower rates.

7. The MyBahay promo can be bundled with Step-Up Payplan and All-In-Financing payment solutions.

8. 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. 25% rebate to be applied for the first 5 years. 2% will be applied after the 5th year, until the end of the loan term.

5. Minimum gross household income requirement of Php 25,000.

6. Allowed loan purpose are for acquisition and occupancy of real estate property or refinancing (loan take-out) only.

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