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Home Financing

Asked by Ms. Beng Fong Khor 10 May 2013

I am third year with CIMB home loan, lock in period is five years. Shall I refinance? It is a semi-d at Nusaputra, Puchong. My rate is BLR-2.15, outstanding is rm630k. Thank you.

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Rachael Tan · Answer 1 · 2013-05-13T08:30:37+08:00

Rachael Tan

Replied 13 May 2013

Hi Ms Khor, looking at your outstanding yr of repayment i would recommend you to go for refinancing. Reason being, there is high interest amt that u could save and latest updates, there is way that you could asked to waive the lock in penalty. Feel free to call or email me should you need further clarification. My contact details can be found in my profile page. Have a nice day! Read More

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