do not regret at the timing of the refinancing3clause

Recently, the person who examines the conversion of housing loan in order to decrease, expenditure with such as decrease of earnings has increased.As for decrease of earnings, it is not never to be able to welcome, perhaps with the point that, but it has given one “opportunity”, the chance where the second look is good is received.

With the notion that where you say, housing loan evolves.The commodity of 2,3 years ago compared to, because also favorable treatment width becomes large, the person where the merit appears by the fact that conversion is done many expectation.You will try looking at the point because chance of conversion is not let escape.

“After fixed period ending”, with it is slow

“Because it is 3 year fixing, fixed period of thing of housing loan will be thought the time where relieved” and fixed period ends, that you don’t think? When the interest rises, it will change to long term fix, that if you think, perhaps at the point in time when fixed period ends it is slow.Because there is a possibility the interest having risen in fixed period Manaka is.As for the person where remaining fixed period has become short even from short term fix and 10 year fixing, while the interest is low, the method which examined conversion is safer.

even after the fixed rate period has ended, let’s connected by a short-term fixed and floating rate, if you believe that is, let’s check the width of preferential interest rates after the fixed period. particularly, preferential treatment of the initial fixed period width is greater, current, 1%people have been borrowing at low interest rates, such as one is a note. for example, after a fixed period?0.4%if that, 3selecting any year fixed, interest rate applied at the current level of interest rates2.8%degree will become (otc interest rate3.2%if the) .

currently, preferential treatment for all periods in uniform, width is preferential1%or more items have is more. for example,, the current applicable interest rate is higher, even a little up repayments, if you lowered the interest rate on the remaining period, the total repayment amount may also be reversed.

the current balance2,800million yen, rest period28years, otc interest rate3.2%and leave to remain.
the current interest rate1.5%, from over-the-counter interest rate from next year?0.4%if the
current monthly repayments 102,106yen
monthly repayment amount from the next year 119,690yen
the total amount of future repayment about4,000million yen

entire period?1.2%refinancing of loans
monthly repayment amount 108,901yen
the total amount of future repayment about3,659million yen

the longer the rest period, preferential treatment in the period of the width when it comes to point. preferential width, there are currently tend to grow, how long this trend is not known. change of policy by financial institutions, preferential treatment is also possible width is smaller, warranty will continue to be provided by such products now, so do not have forever, width is larger than the preferential mortgage now, if you get the benefits of refinancing, let’s consider the refinancing of early.

other, notes on the timing of the refinancing following page in.

if the annual income falling so, 10action until may

even with refinancing, examination and when a new purchase, is almost the same. so, point of a major review income. recently, by reducing the overtime, so would decrease revenue and hundreds of thousands of yen to year, many people would have been called. annual income was reduced by, there is also a possibility that can no longer refinance.

the current balance2,800million yen, rest period28years
annual income500million yen annual income450million yen reduced to
you can borrow is, about2,650up to ten thousand yen (review interest rates4%, annual rate burden35%is estimated)

in the above example, in order to refinance from savings150the need to apply to prepayments will come out about ten thousand yen. on the annual income has fallen, reduce the savings all, there is a risk. particularly, people have been borrowing a couple care must be taken. because of the annual income to both spouses must meet the criteria, the annual income is down significantly either, less likely to refinance.

if a company employee, annual income is income of the previous year will be the criteria. at the time of this review, would require an annual income of the latest documents to prove, if this year’s annual income is likely to fall, 10keep it up after the filing of the refinancing would be safe around may.

to refinance into a good state of health

in mortgage loans, is forgetful, is health. most financial institutions in, one of the borrowing requirement, be able to join the group credit life insurance i have mentioned. that is, to choose from a wide choice of mortgage, it is necessary that health conditions can be life insurance..

confirmation of whether the state can maintain a healthy, do not have anyone. if so riddled with overlapping age, the greater is its risk. also mortgage, as well as life insurance, let’s review within healthy.

or more, the point you want to note at the timing of the refinancing3i tried a couple like. interest rates, annual income, health, things just do not know how to change the situation when both. put off by later, can no longer refinance or, it is also possible that the benefits of refinancing or would no longer. now, compare it, if you get the benefits of refinancing, into action as soon as possible, would you do that it is desirable to improve the situation even a little. or better than it appeared loan, if the environment has improved the, it is also possible to refinance again, i want to aim the best we can now.

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