The Reinvestment Tool allows you to model how additional funds can grow over time when reinvested. This is a powerful and easy way to help clients understand the long-term financial benefits of their mortgage decisions.
Navigating to the Reinvestment Calculator
You can find your Reinvestment Calculator within the Calculator tab of the left-hand navigation menu.
Navigating through the left-hand sidebar menu
To access the Reinvestment Calculator using the left-hand sidebar menu, click Calculators, then click Reinvestment.
💡 Helpful Tip: You can favorite the Reinvestment Calculator by clicking the star next to its name, so it's easier to find next time.
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Adding Inputs
- Choose a client by typing their name in the field below and select them from the drop-down.
- To add a new client, select + Add new from the drop-down.
- Fill in your client's information and click Next. Name and FICO score are required fields.
- You can also load previously created reports by clicking Saved Scenarios.
- Select a saved scenario by clicking Load in the corresponding row.
- Input a Lump Sum Payment and/or a Periodic Payment (recurring investment amount). At least one is required.
- Select the periodic payment frequency under Period — monthly, quarterly, or yearly.
- Add your Assumed Rate of Return (expressed as an annual rate).
- Set the evaluation timeframe in years and/or months under Length to Evaluate.
- Click Calculate.
Editing Your Report
Once your report is created and you need to make changes, you can quickly edit within the calculator. Follow the steps below to see how:
- Click Edit.
- Make your desired edits.
- Click Update.
Need Help?
Have questions or want to learn more? Submit a ticket or call us today!