Application helps consumers navigate tough financial decisions
NORFOLK, Va., May 5, 2011— Homes.com, a division of Dominion Enterprises, announced today the release of its new Mortgage Calculator Application for the iPhone. The Mortgage Calculator app joins Homes.com’s already extensive mobile suite, which includes home search applications for iPhone, Blackberry, Windows Phone 7 and Android users, as well as a mobile website, making Homes.com the first real estate portal to reach consumers on all major mobile platforms.
Homes.com’s Mortgage Calculator app offers a variety of tools to help home buyers and renters searching for their next home. The “Buy or Rent” tool, which calculates the home searcher’s best financial option based on factors like monthly expenses, local market conditions and taxes, is the first of its kind offered in a mobile app designed by a real estate search site.
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