Homes.com’s new Mortgage Calculator application for the Apple iPhone has the real estate industry buzzing! This innovative app not only gives consumers valuable information about their mortgage, like a monthly payment based on down payment, length of term, interest rate and amount of mortgage, it also calculates whether buying or renting would be a better deal.
Best of all, once the consumer gets the app’s buy or rent recommendation, they are taken directly to listings for sale or rent on Homes.com! The Mortgage Calculator app connects consumers directly with YOUR listings on Homes.com!
Other tools on the app include:
- A debt-to-income calculator that offers feedback on whether now is a good time to buy based on the consumer’s financial circumstances
- A monthly payment calculator
- A refinance calculator
The Mortgage Calculator is a free app now available on the Apple App Store. Click to download now.
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