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?

$
 
   
   
Professional Economic Growth Group
105 Fieldcrest Ave. • Edison, NJ • 08837
Phone: 732-225-0777 x1319 • Fax: 732-346-1603
www.helen-hogan.com • hhogan@htk.com

Registered Representative of, and Securities and Investment Advisory Services Offered through Hornor, Townsend & Kent, Inc (HTK).  Registered Investment Advisor, Member FINRA/SIPC.  PEGG is Independent of HTK.  HTK does not offer tax or legal advice.

Helen is insurance and securities licensed in the states of California (CA), Connecticut (CT), Massachusetts (MA), New Hampshire (NH), New Jersey (NJ), New York (NY), Pennsylvania (PA) and Virginia (VA).  This is not an offer or solicitation in any state where not properly licensed and/or registered. 

 CA Insurance License #: OFO3478

 A9CD-0921-03

Privacy Policy