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)

$
 
   
   
Ober Financial
2019 W. Orangewood Ave., Suite B • Orange, CA • 92868
Phone: 714.771.7570 • Fax: 714.771.7580

Investment and insurance products distributed by Genworth Financial Securities Corp., member FINRA/SIPC and a licensed insurance agency (dba Genworth Financial Securities and Insurance Services in CA) [investment advisory services are offered through Genworth Financial Advisers Corp., an SEC Registered Investment Adviser]. Home offices at 200 N. Martingale Rd., Schaumburg, IL 60173; phone 888 528.2987.

Accounting and tax services are offered solely through Ober Financial which is not affiliated with Genworth Financial Securities Corp. or Genworth Financial Advisers Corp.

This is not a solicitation for sale of securities in any jurisdiction.

The registered representative(s) or investment adviser representative(s) referred to on this site may only transact business, effect transactions in securities, or render personalized investment advice for compensation, in compliance with state registration requirements, or an applicable exemption or exclusion. Following are the states in which Caren Ober is/are licensed: CA, NV, AZ.  Caren Ober's License Insurance # 0E56814: CA.