NexCalc's mortgage calculator app is designed for real estate agents and loan
officers to offer to their clients free of charge.

This app is the perfect tool for anyone who is looking to get a loan,
whether its for a home purchase or a refinance. NexCalc's mortgage
calculator app makes it simple for anyone who is shopping for a loan,
to determine the exact monthly mortgage related expense of what their
new loan and new home will cost.

What makes this mortgage calculator app different than the others? The
features that are in this mortgage calculator which allow the user to
determine the exact monthly expenses include:
-An auto populated field for your loan amount, once you input the
sales price and the down payment
-A Property Tax field that has a wheel with 5 different options of
Property Tax percentages to get an accurate Property Tax payment.
(1.0%, 1.25%, 1.5%, 1.75%, 2.0%). You just need to know the tax rate
for your area.
-A PMI field that has a wheel with 4 pre-loaded options based on your
down payment. 1.15% for an FHA loan; .94% if the down payment is 3% on
a conventional loan program; .67% if the down payment is 5% or more
(but less than 20%) on a conventional loan program; and of course NO
PMI if the down payment is 20% or more.
-An auto populated field that includes the homeowners insurance rate,
based on .35% of the loan amount
-A Contact button that allows you to Call, Email, Text, or visit the
website of your real estate
agent or loan officer, all with just a push of a button.
-A History tab that allows you to save your calculations, to serve as
a reminder of the costs of a particular home you saw, which can easily
be hard to remember after you look at more than a few homes in a day.
-A Refinance button that lets you simply determine your monthly
Principal and Interest payment.
This mortgage calculator app is incredibly accurate, very easy to use,
and contains all of the necessary features required to determine the
exact monthly expense of your potential new home or loan.