With a vast number of Singaporean banks offering an even larger number of refinancing deals for servicing your home loans, it can get very confusing for the financially oblivious to decide what to opt for because all competing deals are marketed to look very tempting. Thus, we need to know what suits your financial status and home loan package instead of simply opting for a deal that appears to save the most amount of money. The short term savings might appear to be a big amount in comparison to other deals, but there are deals that might have a greater fortune waiting for us in the long run.

It is extremely important to gather detailed information before we make a decision.

For your consideration, here are a few important ways to determine the best refinancing option for your ...