iMoney.my Learning Centre
  • All Categories

    All Categories

    Close
    English
    • Latest Articles
    • Go to iMoney.my
    • Personal Loan
    • Life Insurance
    • Broadband
    • Medical Insurance
    • Credit Cards
    • Travel Insurance
    • Money Management
    • Auto Insurance
    • Properties
    • Takaful
    • Autos
    • Entrepreneur
    • Investment
    • Tax
    • CreditScore
    • Budgeting
    • Career
    • Lifestyle
    • News Updates
    Malay
    • Artikel Terkini
    • Pinjaman Peribadi
    • Kad
    • Insurans
    • Simpanan Tetap
    • Pinjaman Perumahan
    • Pinjaman Kereta
    • Pengurusan Kewangan
    • Pelaburan
    • Gaya Hidup
    • Infografik
    • Kemasyhuran & Kekayaan
  • Money Management
  • Investment
  • Insurance
  • Cards
  • Guides
  • Online Shopping Guide
  • Go to iMoney.my
Home › Latest Articles › Infographic › A Guide To Home Loan Refinancing (Infographic)

A Guide To Home Loan Refinancing (Infographic)

July 11, 2013
Infographic
Share this!
  • Share
  • Tweet
  • Email
  • WhatsApp

Infographic home loan refinancing

Written by iMoney Editorial

For those who have never been exposed to the concept of “refinancing”, home loan refinancing may seem like a baffling notion. After all, what good could possibly come from getting a new home loan… just to pay off your old one? Wouldn’t you just go back to square one after the whole process? These could be some of the questions you’re asking yourselves, and understandably so.

In reality, home loan refinancing is a widely-adopted practice with many potential benefits. Homebuyers far and wide undertake it in order to lower the interest they’re paying on their home loans, reduce their monthly loan repayment amounts, and generally alter their loan terms to better suit their financial needs. In fact, some even refinance to free up cash riding on the inherent values of their properties!

To calculate you home loan refinancing possibilities, check outc the iMoney’s home loan refinancing calculator.

rh-2-728x90

In this infographic, allow iMoney to help you understand what home loan refinancing is, what the benefits are, and how you could use it to better your personal financial situation as a homebuyer.

This infographic was designed in partnership with Piktochart – a web application that makes information beautiful using infographics. With over 350,000 users, Piktochart is a recipient of Cradle CIP 500 fund and is now expanding product features in the infographics/data visualization sector.

Do you want to learn more about refinancing? Check out iMoney’s home loan refinancing tool.

Share this article

Share this!
  • Share
  • Tweet
  • Email
  • WhatsApp

Leave your comment

Infographic
iMoney income survey 2022

Is Your Income Enough To Make You Happy? [Infographic]

2022: The Ultimate Guide To Ang Pow Giving [Infographic]

Is Saving Money Just For Boomers?

How To Win Against Credit Card Interest Charges [Infographic]

Do You Need To Buy Insurance When You Are Young?

Where Does Malaysia Get Money For Its Budget [Infographic]

How To Go About Digitising Your Business?

An Illustrated Guide To Compounding For Investors

View more infographics »
iMoney.my Learning Centre
Back to top

iMoney.my is a leading financial comparison website and a trusted personal finance authority to help you make the most out of your money.

  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • Go to iMoney.my
  • Privacy Policy
  • Disclaimer
  • Corporate
  • Advertising@iMoney

© 2022 iMoney Malaysia