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)

$
 
   
   
Rita Gibson Ins and Invest Servs.
601 University Avenue, Suite 140 • Sacramento , CA • 95825
Phone: 916-648-2550
CA Toll Free 877-482-2621		 • Fax: 916-927-2948
• RGibson@htk.com

Registered Representative of, and Securities and Investment Advisory Services offered through Hornor, Townsend & Kent, Inc., Registered Investment Advisor, Member FINRA/SIPC 
 

401 Ratcliff Drive SE, Suite 110, Salem, OR 97302 (503) 375-3202

Rita Gibson Insurance & Investment Services and other listed entities are not affiliated with Hornor Townsend & Kent, Inc.(HTK).  HTK is a wholly owned subsidiary of Penn Mutual.

Rita is insurance and securities licensed in the states of California (CA) and Connecticut (CT), including Kentucky (KT) for securities only.  This is not an offer or solicitation in any state where not properly licensed and/or registered.

CA Insurance License #0594805

A1CD-0314-05

 

 

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