1Refinancing: replacing an existing loan with a new one, often to change the interest rate or repayment terms.
住宅ローンを金利の低い銀行に借り換えた。
I refinanced my mortgage with a bank offering a lower interest rate.
借り換えを検討するときは手数料も確認しよう。
When considering refinancing, check the fees as well.
借り換えで毎月の返済額が減ることがある。
Refinancing can sometimes reduce monthly repayments.