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More news about Mortgage SIM 2.0 for Microsoft Smartphone July 17, 2004 [MS Smartphone] | By Edward J. R. Interest rates are low. Now is a great time to refinance your mortgage. ... so why not to use Microsoft Smartphone to help you simulate various variants:
Previously we were reporting, that this mortgage application for Smartphone is available at Handango but now it has been announced officially and is available also at Smartphone.net: Bankers, home buyers, students, and real-estate agents can save time and money by evaluating different payment options when using this powerful decision tool. Timeline and graphing features help you see the impact of lump sum payments, changes in interest rates and renegotiating part-way through the term. Three common “Fast-Pay” methods are used to provide comparative payments for Weekly, Bi-Weekly and Semi-Monthly payment schedules. So, in a glance you can easily compare and analyze the savings and term lengths of a wide variety of user-configurable, alternate payment approaches. The flexibility of this tool also allows prospective buyers to calculate the size of mortgage that they could afford based on a predetermined monthly payment, rate and term. The official web page of this program is here and it is now available also at Smartphone.net (that takes significantly less money from developers, than Handango).
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