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?

$
 
   
   
RAI Advisors
805 S. Church Street, Building 9 • Murfreesboro , TN • 37130
Phone: 615-890-9810; 1-800-264-0810 • Fax: 615-893-9428
www.raiadvisors.com • info@raiadvisors.com

Important Consumer Information: This site is for informational purposes only and is not intended to be a solicitation or offering of any security and; 1. Representatives of a broker-dealer (BD) or investment advisor (IA) may only conduct business in a state if the representatives and the BD or IA they represent (a) satisfy the qualification requirements of, and are approved to do business by, the state; or (b) are excluded or exempted from the state's licensure requirements; 2. Representatives of a BD or IA are deemed to conduct business in a state to the extent that they provide individualized responses to investor inquiries that involve (a) effecting, or attempting to effect, transactions in securities; or (b) rendering personalized investment advice for compensation.


 

INVEST FINANCIAL CORPORATION'S PRIVACY POLICY


 

INVEST Financial Corporation (INVEST), member FINRA/SIPC, a registered Broker Dealer and registered Investment Advisor, is not affiliated with RAI Advisors (Ruckart Associates, Inc). Securities, advisory services, and certain insurance products are offered through INVEST and affiliated insurance agencies.