Mortgage Refinancing  
During the past few years, record numbers of Americans have refinanced their home mortgages as a result of historically low interest rates. This calculator is designed to help you determine whether you should consider refinancing your mortgage.
     

1. What is the principal balance remaining on your current mortgage (from your last statement)?

$

2. What is the annual interest rate on your current mortgage?

%

3. How many years remain on your current mortgage?

4. What will the annual interest rate be on your new mortgage?

%

5. What will the term be (in years) of the new mortgage?

6. What will the loan origination fee and closing costs be (in percentage terms) on the new mortgage? (These are typically charged by the lender to process your loan. 1 point = 1 percent)

%

7. How many discount points (in percentage terms) will you be paying to lower (buy down) the interest rate?

%

8. What other fixed costs (in dollar terms) are there? (such as an appraisal)

$
 
   
   
Strategic Financial Planners, Inc.
211 East Harford Street • Milford, PA • 18337
Telephone (800)207-6773
Phone: (570)296-9494 • Fax: (570)296-9225
• Invest@StrategicFinancialPlanners.com

Securities and Advisory Services offered through Centaurus Financial, Inc.- Member FINRA/SIPC

  This web site is not intended as solicitation in any jurisdiction where Centaurus Financial, Inc or Strategic Financial Planners, Inc. is not properly licensed. The services and products described on this web site are intended to be made available only to persons in the United States, and the information on this web site is only for such persons. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.  

Privacy Policy