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Mortgage Refinancing PRO – THE Mortgage Calculator for BlackBerry
By Benzoon | May 18th, 2011 | No Comments »
To give you a further insight on the apps I’ve mentioned Top 10 Blackberry Apps for Money & Finance for the following week, I am going to talk about each of the apps one-by-one. Here’s the 9th one on the list: Mortgage Refinancing PRO.
Mortgage Refinancing PRO is actually just a smaller version of our full Mortgage Calculator PRO suite and is designed for people wishing to refinance their mortgage. The app helps you assess the impact of mortgage refinancing. Simply enter your current loan information as well as the proposed refinance loan information to calculate the break-even point and potential cost savings from refinancing your mortgage.
When using this app, keep in mind that the calculator assume that you have made all of your mortgage payments on time, as scheduled. Which means, if you have made few large payments to pay-down the loan principal, or any late payments, your actual loan balance on your current mortgage loan could be different.
Features of Mortgage Refinancing PRO
- Mortgage comparison
- Enhanced mortgage
- Monthly payment reduction
- # of months for interest savings to offset closing costs
- How much interest you will pay under your refinanced monthly payment plan
- How much interest you will save if you refinance
- Net refinancing savings (interest savings less closing costs)
- Break-even
- You can transfer your license to a Blackberry smartphones
The application is available on MobiHand for $2.99. It would be great if you can leave us a comment after you’ve tried out the application or if you have Mortgage Calculator PRO, let us know how the two apps differ from each other.
Download Mortgage Refinancing PRO on MobiHand
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