{"id":5622,"date":"2013-07-11T11:56:15","date_gmt":"2013-07-11T03:56:15","guid":{"rendered":"http:\/\/www.imoney.my\/articles\/?p=5622"},"modified":"2021-10-20T13:19:38","modified_gmt":"2021-10-20T05:19:38","slug":"a-guide-to-home-loan-refinancing-infographic","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/a-guide-to-home-loan-refinancing-infographic","title":{"rendered":"A Guide To Home Loan Refinancing (Infographic)"},"content":{"rendered":"<p>For those who have never been exposed to the concept of \u201crefinancing\u201d, <b>home loan refinancing<\/b> may seem like a baffling notion. After all, what good could possibly come from getting a new home loan\u2026 just to pay off your old one? Wouldn\u2019t you just go back to square one after the whole process? These could be some of the questions you\u2019re asking yourselves, and understandably so.<\/p>\n<p>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\u2019re 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!<\/p>\n<p>To calculate you home loan refinancing possibilities, check outc the iMoney&#8217;s <a href=\"\/home-loan-refinance\">home loan refinancing calculator<\/a>.<\/p>\n<p><a href=\"\/home-loan-refinance\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6908\" src=\"\/articles\/wp-content\/uploads\/2013\/03\/rh-2-728x90.png\" alt=\"rh-2-728x90\" width=\"728\" height=\"90\" srcset=\"\/articles\/wp-content\/uploads\/2013\/03\/rh-2-728x90.png 728w, \/articles\/wp-content\/uploads\/2013\/03\/rh-2-728x90-300x37.png 300w, \/articles\/wp-content\/uploads\/2013\/03\/rh-2-728x90-150x18.png 150w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/a><\/p>\n<p>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.<\/p>\n<p><em>This infographic was designed in partnership with <a href=\"http:\/\/piktochart.com\/\">Piktochart<\/a> &#8211; 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.<\/em><\/p>\n<h3><strong>Do you want to learn more about refinancing? Check out iMoney&#8217;s <a href=\"\/home-loan-refinance\" target=\"_blank\" rel=\"noopener noreferrer\">home loan refinancing tool<\/a>.<\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>For those who have never been exposed to the concept of \u201crefinancing\u201d, home loan refinancing may seem like a baffling notion. After all, what good could possibly come from getting a new home loan\u2026 just to pay off your old one? Wouldn\u2019t you just go back to square one after the whole process? These could&#8230; <a class=\"view-article\" href=\"https:\/\/www.imoney.my\/articles\/a-guide-to-home-loan-refinancing-infographic\">View Article<\/a><\/p>\n","protected":false},"author":1,"featured_media":6524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-5622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographic"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Guide To Home Loan Refinancing<\/title>\n<meta name=\"description\" content=\"iMoney presents an infographic which will answer your questions about home loan refinancing process, it&#039;s benefits and pitfalls.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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