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