Introduction
Refinancing is one of the smartest ways to reduce costs on your mortgage: but timing is everything.
When Refinancing Makes Sense
- Interest rates drop
- Your credit score improves
- You want to switch from variable to fixed (or vice versa)
- You’re consolidating debts
Costs of Refinancing
- Exit fees (usually 1% of loan balance or AED 10,000/- whichever is lower)
- Valuation fees
- New mortgage registration fees
Final Thoughts
If savings outweigh costs, refinancing is worth it.
👉 SAPRO Mortgages can review your current loan and tell you if refinancing is the right move for 2025.
