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)

$
 
   
   
The Legend Group of Arizona, James Leos Agency
2315 E. Speedway Blvd. • Tucson, AZ • 85719
Phone: (520) 751-9798 or (888) 739-8865 • Fax: (520) 320-1698
• jamesleos@legendequities.com


Neither Legend Equities nor its representatives give legal or tax advice. If you want specific legal and/or tax advice, please contact an attorney and/or an accountant. All calculations, illustrations, and computations are for illustrative purposes only--the accuracy of such are not guaranteed. Securities Offered through Legend Equities Corporation, Member FINRA and SIPC. Advisory services offered through Legend Advisory Corporation, a registered investment adviser. Branch office: 655 North Alvernon Way, Suite 219 Tucson, AZ 85719 (520) 751-9798. To visit the FINRA site, please click on the following link:  www.finra.org



Before investing in a mutual fund, consider its investment objectives, risks, charges and expenses. The prospectus contains this and other information about the mutual fund and can be obtained by contacting Legend Equities Corporation. Please read the prospectus carefully before you invest or send money.


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