Refinancing your home loan can reduce your monthly payment, so why aren't more people doing it?

We understand that there may be many reasons you might not want to refinance your home loan in 2022, even if it can save you money. But if it's one of these 5 reasons, you might want to think again!

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What can I do to reduce my home loan payments?

Is the DBS My Preferred Payment Plan (Deposit Accounts) Promotion essentially a 0% interest 12-month loan with zero fees? Is there any impact or any catch like reducing credit score?

As a first time home buyer, is it worth buying an EC, with high loan payments per month?

i am currently on a 20K commercial car loan about 5% monthly payment $720, 15K reno loan about 5% monthly payment $540. if I have about 100K, should I pay it off or should I invest it to get more than 5% interest? If you were me, What would you do?

I took a bank home loan several years ago with flexible rate and the interest now has increased to 3.15% p.a. I have balance 250k for next 15 years. Shall I pay some part of my loan and do refinancing?

What can I do to reduce my home loan payments?

Is the DBS My Preferred Payment Plan (Deposit Accounts) Promotion essentially a 0% interest 12-month loan with zero fees? Is there any impact or any catch like reducing credit score?

As a first time home buyer, is it worth buying an EC, with high loan payments per month?