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)

$
 
   
   
Investment Center located at Home State Bank
300 E 29th Street • Loveland, CO • 80538
Phone: (970) 622-2366 • Fax: (970) 622-2395
• kevin.dunnigan@investmentcenters.com natalie.shamley@investmentcenters.com

 

 

*Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.

 

 

CFP®, CERTIFIED FINANCIAL PLANNER™ Professional and are certification marks owned by the Certified Financial Planner Board of Standards, Inc.

Investment Centers of America, Inc. (ICA), member FINRA, SIPC, is not affiliated with Home State Bank.  Securities and insurance products offered through ICA and affiliated insurance agencies are *not insured by the FDIC or any other Federal Government agency, *not a deposit or other obligation of, or guaranteed by any bank or its affiliates, *subject to risks including the possible loss of principal amount invested.


ICA Privacy Policy