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)

$
 
   
   
Walsh & Nicholson Financial Group
119 W. Wayne Avenue Wayne, PA 19087
Phone: 610-688-4447 Fax: 610-688-4480
ewalsh@wnfg.com

 

Securities (and investment advisory services) are offered solely through Ameritas Investment Corp. (AIC). Member FINRA/SIPC. AIC and Walsh & Nicholson Financial Group are not affiliated. Additional products and services may be available through Walsh & Nicholson Financial Group that are not offered through AIC.

 

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This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction.  As with any security, request a prospectus from your registered representative.  Read it carefully before you invest or send money.  Securities products are limited to residents of CA, CO, DC, DE, FL, MA, MD, MI, MS, NC, NJ, NY, OH, PA, SC, TN, VA, VT. Other fixed products available nationally.

A representative of Walsh and Nicholson Financial Group will contact you to provide requested information.