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)

$
 
   
   
Leon Rousso, CFP and Associates
3585 Maple St #222 • Ventura , CA • 93003
Phone: 805-676-1110 • Fax: 805-676-1156
• Lrousso@cfiemail.com

This is not an offer to sell securities, which may be done only after a delivery of a prospectus and client suitablility is reviewed and determined. Information relating to securities is intended for use by individuals residing in Ca., Nv., Az., Fla., Mt.,CO.,  GA

SECURITIES OFFERED THROUGH CENTAURUS FINANCIAL, INC., MEMBER SIPC /FINRA          A REGISTERED INVESTMENT ADVISOR BROKER/DEALER SUPERVISORY BRANCH 2300 E. Katella Ave #200 Aneheim Ca 92806  (714)456-1790.

 

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