Provides instant graphs and reports when you use sliders or steppers to change the values. Your goal is not only to reduce the monthly payment. You also need to know how long the extra years you need to pay, how much you can save on the interest paid, how soon you can recoup the fees, and what is the real interest rate -- APR. Select the best strategy by yourself. Features: 1. Automatically calculate your remaining balance when you know your remaining term years or months. 2. You cannot change the remaining balance amount even though you can cash out and borrow more money. 3. Instant APR calculation. 4. Use steppers (+/-) to increase or decrease the cash-out or total cost amount. 5. Use sliders to change the term years and interest values. 6. Or, you can directly enter your exact values into the text boxes and press the Calculate button. 7. Watch the instant changes on the chart graph and the summary report when you make any changes on the cash-out amount, term years, interest rate and the total refi cost and fees. 8. Send the easy-to-read results to your email for your side-by-side offer comparisons. 9. Do your homework and make decisions best for you before talking to your lenders.
Exactly what I needed
Finally there’s a way to check your refi options without giving a bunch of personal info or being inundated with soliciting email.
United StatesSize
App doesn’t fit on my screen correctly
United StatesIt really helps!!
Perfect timing. This little app helped me save me some money. We refinanced our home recently and this app made the decision clear and easy to understand how big the benefit would be.
United StatesExactly what we needed!
In evaluating a refinance decision, this calculator helped us determine it made financial sense to do so. The app is exactly what I would want to write in Excel but in a much handier app format!
United StatesKnow When to Refinance
Every time interest rates fall, people rush to refinance their home loans but how many people actually take the time to figure out if and how refinancing will save them money? The Dynamic Refi Calculator does exactly that. All the important comparisons between the original and replacement loan are clearly shown in the graph and summary. With this app it is really easy to see the differences in the total interest paid and monthly payments along with the time it will take to recoup the replacement loan’s closing costs. Adjustments to the loan details can be made quickly - which is great when comparing loans from multiple lenders - and you can even email the results for later use.
United States
1. Add a Reset button on the first page 2. Add one more menu item
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