Refixing vs Refinancing: Which Is Right for Your Kiwi Mortgage?
Refixing and refinancing are distinct options for homeowners managing their mortgages. Refixing involves selecting a new fixed interest rate for a specific period, typically ranging from six months to five years. This option allows homeowners to secure a favorable rate and maintain stable mortgage payments during the fixed period. Refinancing, […]
Refinance Mortgage Calculator NZ: How Much Could You Save on Your Kiwi Mortgage?
Refinancing involves replacing an existing loan with a new one that offers more favorable terms and conditions. This financial strategy can be applied to various types of loans, including mortgages, auto loans, and personal loans. The primary objective of refinancing is to achieve cost savings through a lower interest rate, […]