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)

$
 
   
   
Advantage Financial Group Indianapolis
Advantage Financial Group - Kate Marvel
5435 Emerson Way
Suite 450		 • Indianapolis, IN • 46226
Phone: 317-377-0540 • Fax: 317-377-0547



Advantage Financial Group - Grant Stewart
101 E Washington
PO Box 172
Greencastle, IN 46135

Phone: 765-653-2040
Fax: 765-653-1683
• kate.marvel@natplan.com vernon.stewart@natplan.com pamela.frayer@natplan.com cornelius.martin@natplan.com

Securities are not insured by the FDIC or any other federal government agency, have no financial institution guarantee, and may lose value.

All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. 

 

 

Securities licensed associates of Advantage Financial Group are Registered Representatives & Investment Adviser Representatives offering securities and investment advisory services through NATIONAL PLANNING CORP. (NPC), NPC of America in FL & NY, Member FINRA/SIPC, and a Registered Investment Adviser. Additional advisory services offered through Advantage Investment Management (AIM), a Registered Investment Adviser. Registered Representatives of NPC may transact securities business in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Adviser 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 Adviser Representative registration requirements, or an applicable exemption or exclusion. Advantage Financial Group, AIM and NPC are separate and unrelated companies


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