Two refinance goals
- Rate cut - lower instalment / total interest
- Cashback / cash-out - liquidity now, usually with trade-offs on rate or tenure
Break-even maths
Add early settlement fees, legal costs and any clawbacks. Divide net benefit by monthly savings to see months-to-breakeven. Use the refinance savings estimator and repayment calculator.
Timing & CCRIS
Do not open multiple refinance applications “just to check”. Sequence with Janice via mortgage refinancing.
As of Oct 2026: BNM OPR 3.00%; SBR 2.75%. Packaged home-loan rates commonly fall roughly in the 3.55%–4.50% p.a. band depending on bank and profile. Confirm live figures with Janice before deciding.
Related
FAQ
Is cashback free money?
No. It is priced into the package somehow - rate, lock-in or fees. We show the net.