If the financial is currently recharging more than dos.4% desire, you may be investing more than you really need to, and ought to of course thought refinancing.
This may suggest switching to an alternative mortgage plan within your latest bank, otherwise switching lender altogether. This is what you need to know in the refinancing inside the Singapore:
Material
- What exactly is refinancing?
- Just how much can you save when you re-finance?
- Whenever if you re-finance your house mortgage?
- What’s the price of refinancing?
- Repricing compared to refinancing what’s the variation?
- Conclusion: If you re-finance or not?