This article introduces the benefits of using a refinance analysis software/mortgage refinance tools for borrowers and lenders alike. It explains how this tool simplifies decision-making by offering precise cost and savings estimates for refinancing. Incorporating calculators can improve client education and foster transparency in the mortgage process.
Ever wanted the ability to quickly run a few refinance scenarios for one of your potential or past borrowers? Show them how much they could save by refinancing their current loan? Well we’ve created the tool you need to do so. With BNTouch’s new Refinance Analysis Calculator you can run up to three different refinance scenarios by just changing a few key stats and our tool will crunch all the numbers and display the potential savings in an easily shareable report. This report will be able to be emailed to or shown on the custom borrower portal of your potential borrower.
Mortgage Refinance Tools – Video walkthrough
It’s as easy as…
Set Proposed Loan Scenarios
Just set the terms for what a refinanced loan could possibly look like and hit the calculate button. From their our software will do the rest and display the savings in an easy to read and share report.
Observe the savings
Let our system run the numbers and display the saves from each proposed loan scenario. You’ll even be able to select and highlight the best loan scenario to display front and center with a blue/green highlight. The full report also shows savings over a holding period that can be custom set, along with a safe investment return rate.
Share The Report With Your Borrowers –
Once a report is created you’ll be able to easily share it with your borrower through email or by adding it to their custom digital borrower portal. No matter how you share it the saving will be clear, concise and convincing. Edit a saved analysis to make quick adjustments and resend. As well as create completely new refinance analysis reports based on new proposed loan scenarios.
You’ll even be able to edit the disclosure or legalize that is sent along with any of your refinance analysis reports.
Mortgage Refinance Tools: Auto-Updated Rates from the Refi Monitor
One of the most important parts of a refinance analysis is keeping the numbers accurate and current. With the new Auto Update of Rates from the Refi Monitor, you no longer need to manually adjust rate inputs. The calculator can now pull in daily national average rates and apply them automatically to your scenarios.
Why This Matters
Accuracy Builds Trust: Borrowers see numbers that reflect today’s market, not outdated estimates.
Efficiency for Loan Officers: Save time by eliminating manual updates while ensuring every report is based on reliable, up-to-date data.
Better Conversations: When borrowers ask, “What if rates change tomorrow?” you can show them a scenario that already reflects the latest averages.
How It Can Be Used
Quickly refresh saved refinance analyses with current market rates before sending them out.
Run side-by-side comparisons using today’s averages as a baseline, then adjust for “what-if” scenarios.
Give borrowers peace of mind that your recommendations are based on the most timely and relevant information available.
Request a Live Demo today!
Bringing It All Together
The BNTouch Mortgage Refinance Tools already makes it simple to run multiple scenarios, highlight savings, and share reports that build borrower trust. With the addition of Auto-Updated Rates from the Refi Monitor, you can take that trust even further by ensuring every calculation reflects current national averages.
This means you spend less time adjusting numbers and more time building relationships, while your borrowers gain confidence knowing the advice they’re getting is both transparent and accurate. In a market where conditions change daily, this feature turns the refinance calculator into not just a sales tool, but a decision-making engine your clients can rely on.
Key Takeaways
Provide Transparency on Costs and Savings
The calculator helps clients understand refinancing benefits clearly.
Attract Leads with Useful Tools
Offering practical resources improves your website’s value and SEO.
Encourage Data-Driven Decisions
Clients feel empowered with precise, actionable refinancing insights.
Commonly Asked Questions
Why is a mortgage refinance calculator useful?
It allows borrowers to estimate potential savings, monthly payments, and long-term benefits of refinancing before committing to the process.
How can borrowers use the calculator effectively?
By inputting accurate loan details and exploring different scenarios, borrowers can make informed decisions tailored to their financial goals.
What insights can the calculator provide?
The tool highlights cost-saving opportunities, break-even points, and how rate changes impact overall loan terms.
Why is this tool beneficial for lenders?
It serves as an engagement tool, showcasing expertise and helping potential clients evaluate their refinancing options.
Want To See The Mortgage Refinance Tools In Action?
