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 be (in percentage terms) on the new mortgage? (Lenders typically charge 1 percent when refinancing a loan.)

%

7. How many points (in percentage terms) will you be paying for the new loan?

%

8. What other closing/fixed costs (in dollar terms) are there?

$
 
   
   
United Wealth Strategies, LLC - Financial Planning, Insurance & Investments
3161 West White Oaks Drive, Suite 204 • Springfield, IL • 62704-7407
Phone: (217) 679-1676 • Fax: (217) 953-0074
www.unitedwealthstrategies.com • Info@UnitedWealthStrategies.com

Christopher M. Parks, CPA, CFP® is a registered representative registered to transact business with clients in IL, MO, CO, CA and is advisory licensed in the following states: IL, MO, CO, CA.  Christopher M. Parks, CPA, CFP® is also an insurance agent licensed in IL, MO, CO, CA.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet.

Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory Services SM, non-bank subsidiaries of Wells Fargo & Company, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000. Investments & Insurance Products: Are not insured by the FDIC or any federal government agency Are not deposits of or guaranteed by the bank or any bank affiliate May lose Value .

United Wealth Strategies, LLC is not a registered broker/dealer or independent investment advisory firm.