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)

$
 
   
   
Hazard Financial
25124 Narbonne Ave. • Lomita, CA • 90717-2141
Phone: 310-325-7470 • Fax: 310-326-5450
• dgaussa@hazardfinancial.com

IMPORTANT NOTE:  Victor Hazard, JoAnn Iwaii and Angel Moon are registered representatives registered to transact business with clients in California.  Victor Hazard is also registered to transact business with clients in Arizona, Colorado, Florida, Georgia, Hawaii, Idaho, Illinios, Indiana, Maryland, Michigan, Missouri, Montana, Nevada, New Jersey, New York, Oregon, Sourth Carolina, South Dakota, Texas, Utah and Washington.   Victor Hazard is also an investment adviser representative licensed in California and Hawaii.  Victor Hazard is insurance licensed in the following states California and Oregon.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities, investment advisory services or insurance services over the internet.  Securities offered through H.D. Vest Investment ServicesSM, Member SIPC Advisory Services offered through H.D. Vest Advisory ServicesSM, 6333 North State Highway 161, Fourth Floor, Irving, TX  75038, 972-870-6000.
 
  Investments & Insurance Products:
• Are not insured by the FDIC or any federal government agency
• Are not deposits of or guaranteed by the bank or any bank affiliate
• May lose Value
 

Hazard Financial is not a registered broker/dealer or independent investment advisory firm.