When can you refinance a home loan?
You can refinance your home loan whenever you want, however you should only switch if you can get a better deal. Refinancing your loan comes with upfront costs such as break fees (if you’re on a fixed loan), exit fees and fees to open the new loan . When deciding, you should understand how long it will take to recoup the costs of the refinance.
Our refinance calculator can help you understand how much you could save by refinancing to a Tiimely Own home loan.