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.

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.

Finally there’s a way to check your refi options without giving a bunch of personal info or being inundated with soliciting email.

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!