Mortgage Manager is a software solution that accurately calculates the expenses associated with a home mortgage. It estimates the costs of borrowing money, making it easier for users to determine the affordability of a property purchase.
One of the most remarkable features of Mortgage Manager is its Backsolve feature, which answers questions like “How much house can I afford on this income?” Moreover, for refinances, the software compares the net monthly payment situation with and without the refinance, making it easy to assess the advantages and disadvantages.
Mortgage Manager is an ideal solution for homeowners and prospective homeowners who need a quick way to analyze a purchase or refinancing. Additionally, financial and real estate professionals can benefit from the software to print analyses for clients.
Among the software’s key features, Mortgage Manager calculates payments to prepay the mortgage loan, tracks interest savings over the life of the loan, and tracks escrows. It also allows users to post payments individually or over a specific date range. For ARM loans, payments automatically update after a rate change.
Moreover, Mortgage Manager can import data files from Mortgage Manager V2.0 and later, making it easy to transfer data from older versions. Additionally, the software can create a loan schedule for an existing fixed loan.
However, Mortgage Manager is a trial version, and users can only use it for 30 days. One limitation of this software is that its free use period is restricted to a month.
In summary, Mortgage Manager is an efficient and reliable software that addresses all your mortgage-related needs. Its latest release includes an update to address issues with registration, ensuring that users get the best possible experience.
Version 3.0.2: N/A