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)

$
 
   
   
Frannie Gardner, www.franniegardner.com
14785 Preston Road, Suite 175 • Dallas, TX • 75254
Phone: 972.980.9600 • Fax: 972.980.8515
• fgardner@armorwealth.com

The overall evaluation score of a wealth manager reflects an average of all respondents and may not be representative of any one client's evaluation.  The award is not indicative of the wealth manager's future performance.  For more information on the FIVE STAR Award and the research/selection methodology, click here .  D Magazine compiled their list of the top financial planners by asking every CFP in the Dallas-Fort Worth chapter of the Financial Planners Association to cast an online ballot. Outside-firm votes counted more than inside-firm votes, self-nominations were tossed out, and a panel of esteemed local financial planners reviewed the final list.  This award is not based on client evaluation, and is not indicative of future performance or success. 

Frannie is licensed to discuss and offer certain financial services and securities and insurance in her resident state of Texas, as well as FL, CA, OH, LA, IL, VA, CO, CT, NY, AZ, and WA. For additional licensing information, please contact Ayres Financial Group at 972-980-9600.  This is not an offer or solicitation in any state where not properly licensed and/or registered.
A1RB-0602-07

Registered Representative of, and Securities and Investment Advisory Services Offered through Hornor, Townsend & Kent, Inc. (HTK), Registered Investment Advisor, Member FINRA/SIPC.  ARMOR Wealth Management, Ackley Financial Group, and Ayres Financial Group are independent of HTK.  HTK is a wholly owned subsidiary of The Penn Mutual Life Insurance Company.  HTK does not offer tax or legal advice.

Branch Office: ARMOR Wealth Management, 16479 Dallas Parkway, Suite 850, Addison, TX  75001 (469) 737-4000

Privacy Policy