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)

$
 
   
   
Streamline Financial Services - Streamline your finances.
651 Sunset Dr. • Naperville, IL , • 60540
Phone: 630 355 5955 • Fax: 630 355 5960

Securities offered through LaSalle St. Securities LLC (LSS), member FINRA/SIPC.
Advisory services offered through LaSalle St. Investment Advisors LLC (LSIA), a Registered Investment Advisor.
Streamline Financial Services is not affiliated with LSS or LSIA. LSS is affiliated with LSIA.

Licensed for securities in AR, AZ, CA, CO, FL, GA, IA, IL, IN, MA, ME, MI, MN, MO, NC, NM, NV, OH, OK, SC, VA, WI.
Licensed for insurance in AL, AR, AZ, CA, CO, FL, IA, IL, IN, MI, NC, OH, OK, SC, TX, WI.