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Home and Car Loan Rates and Fees
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Home Loan Rates
| Fixing Period | New Booking Rates Effective Rate (p.a.) |
|---|---|
| 1- year | 6.25% |
| 2-year | 7.25% |
| 3-year | 7.75% |
| 4-year | 8.00% |
| 5-year | 8.25% |
* 1% shall be added to Home Equity
Rates are subject to change without prior notice
Note: Effective booking rates apply to newly booked loans only. For repricing rates, please contact your branch of account.
Update as of 26 June 2025
Car Loan Rates
| In Arrears | One Month Advance (OMA) | |||
|---|---|---|---|---|
| Term | Add-on Rate | Effective rate (p.a.) | Add-on Rate | Effective rate (p.a.) |
| 12-months | 4.91% | 8.94% | 4.22% | 7.70% |
| 18-months | 7.20% | 8.91% | 6.46% | 8.01% |
| 24-months | 11.02% | 10.25% | 10.17% | 9.48% |
| 36-months | 17.33% | 10.69% | 16.36% | 10.12% |
| 48-months | 23.55% | 10.78% | 22.50% | 10.33% |
| 60-months | 29.51% | 10.68% | 28.41% | 10.31% |
Rates may change from time to time. Kindly visit your nearest Metrobank branch or call our contact center at (02) 88-700-700 for the most updated rates.
Update as of 7 April 2025
Consumer Loan Charges
| 1. Appraisal Fee a. Metrobank Home Loans • First Appraisal |
|
| • In Town | PHP 4,000 |
| • Out of Town | PHP 4,500 |
| • Re-appraisal | PHP 2,000 |
| • House Construction Re-inspection Fee | PHP 700 per visit |
| b. Metrobank Car Loans (Deed of Sale/Reimbursement transactions) | PHP 500 |
| 2. Title Verification/Title Investigation and Verification (TV/TIV) Fee a. First Verification |
|
| • In Town | PHP 1,000 |
| • Out of Town | PHP 1,000 |
| • Re-Verification | PHP 500 |
| 3. Car History Fee (Deed of Sale/Reimbursement transactions) | PHP 750 |
| 4. Documentation and Certification Fee: • OR/CR Certification • TCT/CCT Certification • Certified True Copies of Loan and Collateral Documents • Certificate/s of Full Payment for Closed Accounts • Certificate/s of Outstanding Balance • Loan Payment History (Charged per year/product/request) • Certificate/s of Interest/s Paid (Charged per year/product/request) • Statement/s of Account for Full Payment |
Notarized: PHP 400.00 per document or actual quotation from service provider, whichever is higher Not notarized: PHP 300.00 (per copy) |
| 5. Documentary Stamp Tax for Promissory Notes | PHP 1.50 for every PHP 200 or fractional part thereof |
| 6. Handling Fee | |
| • Metrobank Car Loan | PHP 2,000 |
| • Metrobank Home Loan | PHP 5,000 |
| 7. Late Penalty Charges | |
| • Metrobank Car Loan | 5% per month |
| • Metrobank Home Loan | 3% per month |
| 8. Fee on Late submission/non-submission of insurance policy renewal documents beyond 30 days |
PHP 2,500 |
| 9. Notarial Fee | PHP 400 per document or actual quotation from service provider, whichever is higher |
| 10. Processing Fee: Amendment of loan details • Change in interest rate and rate-fixing period • Change in due date • Term reduction • Acceptance of higher monthly amortization 11. Processing Fee: Changes in mode of payment • Auto Debit arrangement (ADA) to Post Dated Check (PDC) • Metrobank PDC to Other bank's PDC 12. Processing Fee: Insurance-related requests • Endorsement of insurance • Full/Partial waiver of insurance coverage • Reduction of insurance coverage • Cancellation of assignment for endorsed insurances • Change of insured person for Mortgage Redemption Insurance (MRI) • Partial withdrawal of funds from an endorsed investment-linked insurance policy • Partial release of insurance policy • Change in mode of payment of insurance premiums 13. Processing Fee: Collateral-related requests • Partial release of collateral • Change of collateral • Change of registered owner • Substitution of collateral • Subdivision of collateral |
PHP 5,000 |
| 14. Processing Fee for full payment of loan prior to maturity | PHP 5,000 |
| 15. Processing Fee for loan takeout/refinancing | PHP 15,000 |
| 16. Registration Fee | Subject to quotation from Register of Deeds |
| 17. Reissuance of Cancellation of Mortgage | PHP 800 |
| 18. Safekeeping Fee for unclaimed loan documents | PHP 1,000 after the first three months, PHP 500 for every succeeding month or a fraction thereof |
[1] Clients shall be charged for each title.
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