Need to get some opinion on whether to do refinance or not.
Loan rates is 3.91 with ocbc
Remaining loan are 400k

I browse some current rates and get result of lowest 3.85 / 3.65. Which to my understand would not save much in interest.

Assume that I do not need extra moment for now and that means if refinance that would be balance loan.

ocbc in past few years have / increased somewhat higher rates compare to other local bank such as PBB/etc

So my dilemma are should I go refinance to local banks such as MBB or PBB??

Guys. Need some advice.
Currently Servicing flexi loan with 3.41 rate
I am thinking Whether I just dump money into this loan to reduce the interest amount and then finish it in next 15 years.
Or
Refinance with probably 3.25 rate with remaining loan amount and shorter tenure of 15 years

I don’t need cash out money at the moment.
In a dilemma should I go for refinance With lower rate ??

Hm. My objective still wants to reduce monthly instalment with lower interest rate. But I am thinking whether worth it considering my remaining loan is around 400k
Would it worth to pay those fees/etc for refinance with lower rate ?
Or
Just put extra money in exiting loan to reduce remaining balance amount and hence lower interest amount ??

Noted.
Or if I want to cash out more cash then made sense to refinance with lower rate.
Now I got your point “reduce monthly instalment”. If I want to pay less monthly instalment then go for refinance.