This software evaluates mortgage refinancing opportunities when interest rates fall 2% below your existing rate. It assists in determining whether refinancing is advantageous for you.
Through analyzing various factors such as the number of years you intend to remain in your current home, interest rate spread, closing costs, and tax bracket, the program provides an overview to help you make an informed decision. And if that wasn't enough, REFINANCE IT creates professional-looking printouts that can be shared with financial planners, courtesy of the "prepared by" section.
But the program stands out not only because of its analytical capabilities. It can be especially valuable and time-saving for mortgage lenders seeking to assist clients in the refinancing decision-making process. Homeowners will appreciate how easily REFINANCE IT provides an overview of whether refinancing is beneficial for them.
Version 1.2: Upgrade PAD file