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)

$
 
   
   
Walters Financial Group
7410 M.E. CAD Blvd.
Suite B
Clarkston, MI 48348
Phone: (248) 620-0707
(877) 925-8383
admin@waltersfinancialgroup.com

Securities (and investment advisory services) are offered solely through Ameritas Investment Corp. (AIC). Member FINRA/SIPC.

AIC and Walters Financial Group are not affiliated.

Additional products and services may be available through Waltersf Financial Group that are not offered through AIC.

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 you registered representative. Read carefully before you invest or send money. products are limited to residents of AZ, FL, IN, MD, MI, NC, OH, PA, SC, VA, WI, WY.

A representative from Walters Financial Group will contact you to provide requested information.