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)

$
 
   
   
Snider, Fuller & Associates
5 Depot Street • Athens , OH • 45701
Phone: (740) 594-8385 • Fax: (740) 592-6101
• investments@sniderfuller.com

 

Securities offered through Registered Representatives of NFP Securities, Inc. (NFPSI), Member FINRA/SIPC.

 

Investment Advisory Services offered through Investment Advisory Representatives of NFPSI.

 

Snider Fuller & Associates is a member of PartnersFinancial, an affiliate of NFPSI.

Snider Fuller & Associates and NFPSI are not affiliated.

 

NFP Securities, Inc. does not provide tax or legal advice.  Any decisions whether to implement these ideas

should be made by the client in consultation with professional financial, tax, and legal counsel.

 

This site is published for residents of the United States only.  Registered Representatives and Investment Advisor Representatives of NFP Securities, Inc. may only conduct business with residents of the states and jurisdictions in which they are properly registered.  Therefore, a response to a request for information may be delayed.  Not all of the products and services referenced on this site are available in every state and through every representative or advisor listed.  For additional information, please contact the NFP Securities, Inc. Compliance Department at 512-697-6000.