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Refinance It?
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Version
1.2
Program Description: REFINANCE IT ?
This program is a 16 bit version of a mortgage
refinancing evaluation. It will run under Win 95, 98,
Me, NT4,2000, & XP. When current mortgage interest
rates are 2 or more percentage points below your
existing rate, it may be advisable to refinance your
existing mortgage. This analysis shows whether it is
to your advantage to refinance depending on the number
of years you expect to live in your present home, the
interest rate spread, closing costs and your tax
bracket. Printouts are professional looking and may be
used by financial planners as the program contains a
"prepared by:" area. The program may also be useful to
mortgage lenders to assist a client in the making a
decision about refinancing. For the homeowner, the
program quickly shows them if there is any advantage to
refinancing.
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