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)

$
 
   
   
Billy G. Mcneel CPA

127 West Main Street

Carthage, MS 39051



205 North Columbus Avenue

Louisville, MS 39339



307 West Main Street

Philadelphia, MS 39339



413 E M. L. King Drive

Starkville, MS 39759
Phone:
Carthage: (601) 298-0064



Louisville: (662) 773-8289



Philadelphia: (601) 656-5568



Starkville: (662)461-1040
• info@mcneelcpa.com

Billy McNeel, CPA is a registered representative registered to transact business with clients in Mississippi and Florida. Billy McNeel, CPA is advisory licensed in Mississippi.  Billy McNeel, CPA is also an insurance agent licensed in Mississippi.  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 consititute a solicitation or offer to sell securities or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory Services SM, 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.