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)

$
 
   
   
Physician Financial Services
250 Crossways Park Drive • Woodbury, NY • 11797
Phone: (516) 677-6211 or Toll-Free at (800) 481-6447 • Fax: (516) 677-7911
• Lkeller@physicianfinancialservices.com

Lawrence B. Keller is a Registered Representative and Financial Advisor of Park Avenue Securities, LLC (PAS).  Securities products/services and advisory services are offered through PAS, a registered broker/dealer and investment advisor.  Field Representative, The Guardian Life Insurance Company of America (Guardian), New York, NY.  PAS is an indirect, wholly owned subsidiary of Guardian.  Physician Financial Services is not an affiliate or subsidiary of PAS or Guardian.

PAS is a member FINRA, SIPC. 

The Registered Representative is securities licensed in CA, CT, DE, FL, NC, NJ, OH, NY, PA and insurance licensed all all states (CA insurance license #0C37340, MN insurance license #20498309).  The material is strictly intended for individuals residing in those states.  No offers may be made or accepted from any resident outside these specified states.

Harry R. Wigler is a Field Representative, The Guardian Life Insurance Company of America (Guardian), New York, NY and is insurance licensed in CT, FL, GA, HI, IL, MA, MD, NJ, NY, PA, TX and WA.  No offers may be made or accepted from any resident outside these specified states.

Neither Park Avenue Securities, Guardian, nor their representatives render legal or tax advice.  Please consult with your attorney, accountant, and/or tax advisor for advice concerning your particular circumstances.

The information or opinions contained in the Internet site should not be construed by any consumer and/or prospective client as an offer to sell or the solicitition of an offer to buy any particular investment product.  The information contained herein is directed solely to those individuals who reside in jurisdictions in which the representative is registered in the state where the consumer and/or prospective client reside.  Any subsequent direct communication with a consumer and/or prospective client shall on be conducted by a representative that is registered in the state where the consumer and/or prospective client resides.

GEAR Approval 2011-6273