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Loan payments will start at the lowest value on the first year and slowly increases in the following years.

Convenient icon


Your BPI account will automatically be enrolled via an automatic debit arrangement to make your monthly payments convenient.

Low downpayment icon

Low downpayment

A minimum of 10% downpayment is required (subject to property type).

Offer mechanics

On the first year of your Step Up PayPlan, the amount of the monthly loan payment is going to be significantly lower than the monthly amortization of a regular Housing Loan.

From year 2 onwards, the amount of your monthly loan payment will start to increase by small steps. Your monthly installment will increase by only 5-10% every year, so you are assured that the yearly step up of your Housing loan payments will stay affordable in the coming years.


Sample Computation


1. Do you need the lowest monthly cash-out at the start of your housing loan?

• Choose our fixed rate period of 5 years to take advantage of the smallest amount of monthly payment during the early years of your loan.
• In the sample payment plan below, the monthly payment on Year 1 of a Step Up PayPlan is at Php 24,056, which is 30% Less Than the regular loan amortization of Php 35,220.
• After the first 5 years of your housing loan, the interest rate for the remaining loan balance will be renewed (based on the prevailing market price). In this illustration, the monthly payment on Year 6 will step up to Php 45,922.

Loan Amount: Php 3,000,000
Loan Term: 10 Years
Interest Rate Lock-In Period: 5 Years
Interest Rate: 7.25%

TermRegular Housing Loan
Step Up PayPlan
Year 135,22024,056
Year 235,22026,462
Year 335,22029,108
Year 435,22032,018
Year 535,22035,220

Year 6

Assumed at a renewed rate of 8.88%


2. Do you need a slow and steady step up of the payments from the start of the loan up until the end of the loan term?

• Our fixed rate period of 10 years is the best match for a more gradual and steady increase of your monthly payments each year.
• Starting year 1 all the way up to the end of the loan term, your loan payment plan for the entire 10 years will be locked-in so that you are assured of how much you will pay for the entire duration of the loan.

Loan Amount: Php 3,000,000
Loan Term: 10 years
Interest Rate Lock-in Period: 10 years
Interest Rate: 8.50%

TermRegular Housing Loan
Step Up PayPlan
Year 137,19630,601
Year 237,19632,131
Year 337,19633,738
Year 437,19635,424
Year 537,19637,196

Year 6

Year 737,19641,008
Year 837,19643,059
Year 937,19645,212
Year 1037,19647,308


Terms and Conditions

1. Step Up PayPlan is available to individual applicants (For Home Acquisition).

2. The client can avail a minimum loan term of 10 years and choose to lock in their interest rate for 3, 5, or 10 years.

3. The minimum down payment is 10% (subject to property type) with a minimum loan amount of Php 1,000,000.

4. The client can easily pay their loan via Auto Debit Arrangement.How to apply



How to apply


1. Go to any BPI branch.
2. Completely fill out the application form.
3. Submit the requirements. Your application will be reviewed and processed.
4. If your application is approved, you will receive an SMS notification and will be asked to visit the branch or a Loans Business Center.
5. Sign the loan documents.



1. Completely fill out our Housing Loan online application form.
2. Submit the requirements. Your application will be reviewed and processed.
3. If your application is approved, you will receive an SMS notification and will be asked to visit the branch or a Loans Business Center.
4. Sign the loan documents.

Regular Housing Loan vs. Step Up PayPlan
SpecificsRegular Housing LoanStep Up PayPlan
Amount of monthly Payment/ AmortizationFixed equal monthly payments for the duration of the loan term. No annual price increase (unless your loan is due for repricing)Amount of monthly payment varies every year, starting with the smallest value on the first year, and lightly steps up on each succeeding year
Product BenefitBudget your monthly expenses ahead of time and set aside the same fixed amount from start to end of your loan termPlan and control how much you pay each year so you can free up your funds for new opportunities or other expenses or personal milestones
Loan Purpose

Home Acquisition

Home Construction

Home Renovation

Home Acquisition
Term of Duration of LoanChoosed between a short or long loan term, from 1 year up to 20 yearsMinimum 10 Years
Available Period for Fixed Interest RateWith option to fix the interest rate of the loan from as short as 1 year, up to 20 yearsChoose to lock in your interest rate for 3 years, 5 years, or 10 years
PriceSame as published interest rate

Housing Loan application

Apply for a Housing Loan and move into your dream home.

Customer support


For inquiries and comments, send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.

Other payment solution

All-in financing

Affordable and convenient payment solutions which allows for zero upfront fees in taking out a housing loan.