Bank re-financing

[Dannyk]

Hi,

 

can any1 advise how to proceed with bank loan re-finacing and does it still worthwhile to do it nowadays?

 

Please advise.

 

Thanks in advance.

 

 

Dannyk

[Apollo]

u hv to check ur outstanding amt.. + months and if u hv rules of 78. if the past interest rate is high. it may b possible to shave some amt off but dun join when some1 shout jump. check wat r the terms in the new loan as well.

[Merkava]

Hi, from my understanding, there is no more re-financing plans liao.

[Lendevear]

Cars refinancing not worthwhile, but home refinancing definitely worthwhile.

[Tigershark1976]

not only worth, its a must! of cos lah, thats provided u r getting loan from private bank, if under HDB, better stay with them... less risky.