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)

$
 
   
   
American Financial Network - Financial Planning and Investment Management
23975 Park Sorrento, Suite 250 • Calabasas, CA • 91302
Phone: 818.264.4644
Toll Free: 800.585.3326		 • Fax: 818.222.2769
bellen@afn-net.com
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Securities licensed associates of American Financial Network are Registered Representatives offering securities through Securities America, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. Financial planning and advisory services are offered through Securities America Advisors, Inc., an SEC Registered Investment Advisor. Registered Representatives of Securities America may transact securities business in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Advisor representative requirements. In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made absent compliance with state Broker-Dealer, agent or Investment Advisor representative registration requirements, or an applicable exemption or exclusion. American Financial Network and the Securities America companies are not affiliated.

American Financial Network
23975 Park Sorrento Suite 250, Calabasas, CA 91302
Toll Free: 800.585.3326 Phone: 818.264.4644 Fax: 818.222.2769