Mortgage Manager estimates the various costs of a home mortgage at the time of closing. It computes the qualifying rations which lenders use to evaluate a mortgage application. ItÕs Backsolve feature answers questions like, ÒHow much house can I afford on this income?Ó. For refinanaces, the program compares the net monthly payment situation with and without the refinance. ItÕs very useful for homeowners and prospective homeowners who need a quick way to analyze a purchase for refinance, and for financial and real estate professionals who need to print analyses for clients. |