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 be (in percentage terms) on the new mortgage? (Lenders typically charge 1 percent when refinancing a loan.)

%

7. How many points (in percentage terms) will you be paying for the new loan?

%

8. What other closing/fixed costs (in dollar terms) are there?

$
 
   
   
Putman Capital Management, Inc.
2200 Pacific Coast Highway
Suite 209		 • Hermosa Beach, CA • 90254
Phone: (310)798-7053 • Fax: (310)798-7054
www.putmancapital.com

Securities offered through 1st Global Capital Corp., member FINRA, SIPC.  Investment advisory services, including fee based asset management accounts are held through NFS, LLC, are offered through 1st Global Advisors, Inc.  All other financial planning services are offered through Putman Capital Management, Inc.  Putman Capital Management, Inc. is not affiliated with 1st Global Capital Corp.  Insurance Services offered through 1st Global insurance Services, Inc.