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How much house can you afford? You might be pleasantly surprised.
This program is a version of a loan qualifier for either a fixed rate or a variable rate mortgage. It will run under Win 95, 98, Me, NT4, XP, & 2000. This program uses the same "ratios" method used by your "friendly banker" to determine how large either a fixed rate or variable rate mortgage you can expect approval for. Principal, interest, homeowners` insurance, and taxes (PITI) are included in the analysis. Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:"
area. The program may also be useful to small mortgage lenders to pre-
qualify potential borrowers. For the potential home purchaser, the program quickly shows them how much house they can afford based on income, and existing indebtedness.