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)

$
 
   
   
Advanced Retirement Resources Inc.

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.


The information on this website is intended for use only by residents of the states listed below. Securities related services may not be provided to individuals residing in any state not listed.

We are registered to sell Securities in the following states:
Arizona, Florida, Iowa, Illinois, Maryland, Michigan, Minnesota, Missouri, New Jersey, North Dakota, South Carolina, South Dakota, Texas, Wisconsin.

 

Advanced Retirement Resources, Inc.and AdvisorNet Financial  are not affiliated with Financial Network Investment Corporation

 

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in IL,MN.

We are registered to sell Securities in AZ,FL,IA,IL,MD,SC,SD,TX,WI.

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