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)?

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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?

$
 
   
   
St Louis Financial Planner, St Louis Financial Advisor, 4th Quarter Financial Coach
16925 Manchester Road, Suite 5
 • Wildwood, MO • 63040
Phone: (636) 458-8050 • Fax: (636) 458-8055
www.4thqcoach.com • joe@4thqcoach.com

Securities & Investment Advisory Services offered through H. Beck, Inc. Member FINRA / SIPC.  H. Beck and 4th Quarter Financial Coach are not affiliated.

Joe High is registered to sell securities in Missouri, Kansas, Illinois, Ohio, Iowa, Florida, and Colorado.  Joe High is also licensed to sell insurance products in the states of Florida, Illinois, Kansas, Missouri, and Ohio. This is not an offer or solicitation to sell securities or insurance in any other state or jurisdiction.