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)

$
 
   
   
www.carolinacg.com
T. Lee Eubanks, CFP, CLU, CWS
1550 Ebenezer Road		 • Rock Hill, SC • 29732
Phone: Local @ 803-325-2455
Toll Free at 888-709-1827 		• Fax: 803-325-2456

Serving
Rock Hill, Fort Mill, Chester, Clover, York, Tega Cay in York County.
Chester, Lancaster, Indianland in Chester and Lancaster Counties.
Greenville, Spartanburg, Landrum, Cowpens, Union, Anderson and Gaffney, SC

Charlotte, Pineville, Ballantyne, Mint Hill, Matthews, Waxhaw, Monroe, Gastonia, Belmont, Kings Mountain, Shelby, Brevard, Asheville, Hendersonville in North Carolina.

Clarksville, Clayton, Cornelia, Helen, Livonia in North Georgia.
• leubanks@1stallied.com

Registered Representative offering Securities through First Allied Securities, Inc.  A Registered Broker/Dealer   Member FINRA/SIPC

Investment Advisor Representative offering services offered through First Allied Advisory Services, Inc.

This information is intended for use only by residents of SC,NC,GA,FL MI,VA and CA. Securities related services may not be provided to individuals residing in any state not listed above.
 

 

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