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)

$
 
   
   
Century Tax & Wealth Management of Lancaster, PA | Financial Planning
930 Red Rose Court, Suite 209 • Lancaster, PA • 17601
Phone: 717.299.0066 • Fax: 717.299.0067
• ron@centurywealthmgmt.com

†IMPORTANT NOTE: Ronald C. Allison is a registered representative registered to transact business with clients in AL, DE, FL, GA, HI, MD, OH and PA. Ronald C. Allison is also an investment adviser representative licensed in CO, HI, PA and UT. Ronald C. Allison is insurance licensed in the following states: FL and PA. If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities, investment advisory services or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory ServicesSM,  6333 North State Highway 161, Fourth Floor, Irving, Texas 75038, (972) 870-6000

Century Tax & Wealth Management, LLC is not a registered broker/dealer or independent investment advisory firm. 

 

 

 

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