ilmscore | Loan Refinancing Strategy Predictions

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Recent Predictions

Total: 5

Correct: 5

Incorrect: 0

Pending: 0

Unrated: 0

Prediction

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Predicted at

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Video

Extending the loan tenure to 20 years during refinancing can approximately halve the monthly EMIs, alongside interest savings.

"the new bank can do. What that typically does is not only that you save on 2% of interest, but uh yo..."

Mar 27, 2025

Correct

When refinancing a home loan, it's possible to extend the loan tenure to 20 years with the new bank.

"if you can go to a Kota or an ICIC or an HDFC and say that I want to refinance and I want you to bri..."

Mar 27, 2025

Correct

Approaching another bank for refinancing could potentially reduce the home loan EMI significantly, securing an 8.5%-9% interest rate.

"The first thing that you have to do is approach another bank and get this refinanced I think you can..."

Mar 27, 2025

Correct

It is advised to approach another bank to refinance the current home loan.

"Why don't you talk to another bank and try to refinance your current home loan?"

Mar 27, 2025

Correct

When refinancing a home loan, it's possible to extend the tenure to 20 years with the new bank.

"if you can go to a Kota or an ICIC or an HDFC and say that I want to refinance and I want you to bri..."

Mar 27, 2025

Correct