Since that's Wings3D I'm surprised you managed to get it to look like that. The hole and some of the poly lines look a bit off. If you were to want to go off of that model to start with, I'd clean up the blade, completely remove the handle, and the faces on the bottom of the handle corresponding to the handle(leaving the quad face of the bottom of the blade-guard), and just inset the face, extrude, then extrude again, scaling it out to make the bottom thick peice. And if it's too boxy for you, stray away from the mesh smooth, and go for a clean bevel on the four edges of the main section of the handle. Swords are all I do to any measure of quality, so if you want any specific help, especially inside of Wings3D, I'd be glad to try and help, although I don't deny that my modeling skills are still mostly novice. It's a lot better sword than my first set though
[EDIT] I saw that my old sword tutorial was referenced here, and the images are all gone >_> I'll try and see if I can dig those up and fix them.