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)

$
 
   
   
Omega Financial Group
37 West 7th Street, Suite 401 • Cincinnati, OH • 45202-2414
Phone: 513-241-6325 • Fax: 513-357-4293
• tgraner@htk.com gkoumoutsos@htk.com jmchugh@htk.com

*Registered Representatives of, and Securities and Investment Advisory services offered through Hornor Townsend & Kent,Inc, (HTK), Registered Investment Adivsor, Member FINRA/SIPC. 36 East Seventh Street, Suite 1620 Cincinnati, OH 45202-4461. (513) 369-0505.  Omega Financial Group is independent of HTK.  HTK is a wholly owned subsidiary of the Penn Mutual Life Insurance Company.

Our representatives are insurance and securities licensed in Ohio (OH) and Kentucky (KY), as well as many additional states.  For complete licensing information, please go to our Licensing page.  This is not an offer or solicitation in any state where not properly licensed or registered.

A2RB-0206-03

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