Download mortgage-maker-22.hqx (304,510 KB)
From: Nick Parlante
Subject: Mortgage Maker 2.2
Mortgage Maker lets you play around with the variables in a mortgage
loan to find a combination that qualifies. That's all it does, but it
does a nice job of it. The program is free for personal use. It computes
the "qualifying ratios" that the banks use to rate loans. Its Backsolve
feature answers questions like "how much house can I afford on this
income?" or my favorite, "How much does my spouse/partner need to make
for us to get into that house." It also handles refinances and estimates
closing costs. For real estate or mortgage professionals, the program is
a handy way to print quick estimates for clients. Mortgage Maker is free
for personal use, $10 for professional use, and the package may be redistributed.
mortgagemaker@kagi.com