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)

$
 
   
   
FINANCIAL PLANNING UNLIMITED, INC.
4545 N. 12th Street • Phoenix, AZ • 85014
Phone: 602-274-0371 • Fax: 602-274-5171
• info@fpuinc.com

Jeff C Peterson is a registered representative of ProEquities, Inc. Securities offered through ProEquities, Inc. a registered broker/dealer and member FINRA and SIPC. Jeff C Peterson is an Investment Advisor Representative with advisory services offered through Investment Advisors, a division of ProEquities, Inc., a Registered Investment Advisor (800) 288-3035 ProEquities home office is located at 2801 Highway 280 South, Birmingham, AL 35223 Financial Planning Unlimited, Inc. is independent of ProEquities, Inc. Jeff C Peterson holds Series 7, 24, 63, and 66 in AZ, CA, KS, KY, NM, TN, TX, UT, VA, WA, WI.