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 be (in percentage terms) on the new mortgage? (Lenders typically charge 1 percent when refinancing a loan.)

%

7. How many points (in percentage terms) will you be paying for the new loan?

%

8. What other closing/fixed costs (in dollar terms) are there?

$
 
   
   
ProEquities, Inc.
The Atrium
19200 Von Karman Avenue
Suite 400		 • Irvine, CA •

Mailing Address:
P.O. Box 1598,
Laguna Beach, CA 92652-1598

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Phone: (949)494-9849
Toll Free: (800)445-4627		 • Fax: (949)497-1565
www.FinancialHarmony.info • Mark@MarkAbas.com

 

 

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Mark Abas,  CFP® is a Registered Principal and Officer of Supervisory Jurisdiction & an Investment Advisor Representative of Investment Advisors, a Division of ProEquities, Inc., a Registered Investment Advisor and a Registered Broker-Dealer, member FINRA & SIPC. 
 
Financial Harmony, Inc. is independent of ProEquities, Inc.