What is to keep this in mind in considering the home loans refinancing

What is to keep this in mind in considering the home loans refinancing
Please tell me instructions to consider mortgage refinancing

Interest rates, balance, we estimate a net repayment period for
In household income stagnated, and many people feel like a heavy burden of mortgage repayments. Who was the family's home loans the company used 10 years ago, four years after the first interest rate rise in 11% of the units, which will increase the repayment amount.

Choose fixed-rate loans to private financial institutions types, and some fixed-rate period coming to an end, then the interest rate will apply based on the benchmark interest rate, payments will have more cases.

If this happens, mortgage loans, "refinancing" to run, I have to consider easing the repayment burden. Refinancing mortgage loans and the repayment is to return now, a new way from other places to rent a home loan. The current low interest rates very high interest rates borrowed, if the refinancing loan repayment burden on low light.

Refinancing, or how, but if you will be able to estimate and consultation with the banks to try to determine the appropriate next to the first case.

(1) interest rate differential and refinancing, the current 0.5 to 1 percent or more of the mortgage loans

(2) loans, more than 10 million U.S. dollars

(3) 10-year loan repayment period

If all three faithful may affect the expected refinancing.

In recent years, mortgage calculation and the Internet, you can apply for financial institutions also increased. Busy people who do not have time to go to the bank, you can try.

Ni when Tatte refinancing, it is important that you choose a mortgage. Even if the mortgage bite, divided into the interest rate depends on the following types.

(1) In principle, twice a year to adjust interest rates, the interest rate is reviewed

(2) and selective 5 or 10 years fixed rate, fixed-rate initial period of time, and then after a fixed term, fixed-rate option, select the type, the user decide whether to move the floating rate

(3) the interest rate fixed-rate loans, repayment, until the final

Interest rates, generally from time to time by order amend the case, you need to check.

When viewing, as well as interest, credit life insurance and group guarantee loans, we also take into account the loan fees and administrative costs.

In addition to this,

(A) refinance the repayment period, repayment period longer than the current, often

(2) minutes refinancing interest rates, repayment can often be reduced without increasing the amount of the repayment period, repayment can be expected to reduce the amount of

Advantages such as good idea to understand the shortcomings.

"Mortgage interest rates are now paid," "future rate hikes," If you believe that, although their way of life, thought, and consider refinancing loan burden lighter than I recommend.