The Rate Opportunity Calculator in AccountableCRM helps you quickly determine potential savings when considering a refinance. By entering a few simple details, Mortgage users can calculate monthly savings, breakeven point, and total interest saved to identify valuable Transaction Opportunities for them.
Benefits of Using the Rate Opportunity Calculator
Quick Analysis – Instantly evaluate refinancing opportunities.
Informed Recommendations – Make data-driven decisions for your clients.
Identify High-Value Opportunities – Spot clients who can save the most.
Save Time – No need for manual calculations; everything is automated.
Using the Rate Opportunity Calculator, you can efficiently assess financial benefits and provide clients with clear, actionable insights.
Steps to Use the Rate Opportunity Calculator :
From the top navigation bar in AccountableCRM, click on Follow-Ups.
On the Follow-Ups page, filter out opportunities based on the present or past.
Click on the respective transaction opportunity that you want to analyze. This will open a modal popup with the Rate Opportunity Calculator.
In the modal, fill out the following details:
Current Rate: The interest rate your client is currently paying.
New Rate: The potential refinance rate.
Loan Amount: Total loan amount.
Term: Remaining months on the loan.
Refi Costs: Any refinancing costs applicable.
Once all details are entered, click Calculate.
The calculator will instantly display:
Monthly Savings – how much the client can save every month.
Breakeven Point – shows the values that help mortgage users decide whether refinancing is beneficial.
Total Interest Saved – total interest saved over the remaining loan term.
By using the Rate Opportunity Calculator, you can quickly assess the financial benefit of refinancing for your clients and make informed recommendations.
If you have any issues or would like to ask questions, please let us know using our Coach-on-Call feature.
- Accountable Support