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)

$
 
   
   
Lincoln Investment Planning, Inc.
25375 Orchard Village Road
Suite 107		 • Santa Clarita, CA • 91355
(661) 259-3473

518 Avenue F Suite 1
Redondo Beach, CA 90277
(310) 530-2806


LINCOLN INVESTMENT PLANNING, Inc.
Retirement SOLUTIONS Account Information
ENTER HERE


 

Martin Clement,  CLU®, ChFC®, CFP®, is a Financial Representative of and offers securities through Lincoln Investment Planning, Inc., Registered Investment Advisor, Broker Dealer, Member FINRA/SIPC.  Martin's California Department of Insurance Number is 0A48726.

This site has been prepared for informational purposes only and is not intended to be a solicitation, offer or sale of securities products or investment advisory services to anyone who resides outside of the U.S.  Lincoln Investment Planning, Inc. is registered as an investment advisor with the U.S. Securities and Exchange Commission as a broker dealer in all 50 states.  Lincoln and its financial representatives may only transact business in a particular state if first registered and only after complying with registration requirements.

Supervising Office: 218 Glenside Avenue, Wyncote, PA 19095 (215) 887-8111