You might dream of buying a new home, but whether or not you’ll be able to is an entirely different matter. Will you even be able to pay your monthly payments for the kind of house you’re wanting to buy? What will you do if the mortgage rates aren’t favorable at the moment? You’ll have to ask yourself a whole host of questions and today I want to share with you a bunch of apps that will help you answer them. Check out some of these amazing mortgage apps you can download to your phone.
When you’re searching for a mortgage you want to make sure you know what the rates are at any moment in time, so ERATE will provide you with daily mortgage rates to keep you up to speed. They claim to give you almost double the mortgage information you’ll find in any other app and they’ll cover all 50 states. You’ll be able to examine all the rates available and you can work out what mortgage will suit you best before you walk into the bank to speak to anyone.
If you’re not interested in finding out about anything except your mortgage payments the Mortgage Calculator app is for you because it will cut out all the fluff. All the current mortgage rates will be built into the app and when you enter a few details it will come back with what you can expect to pay per month. This is very important because even if someone offers you a fantastic mortgage you might not be able to afford the monthly repayments even though this should be taken into account before you start looking for a home.
Just because you’re looking to find out information about mortgage rates it doesn’t necessarily mean you’re looking to buy a new home. You might already have one and you’ll need to know what the current rates are if you’re thinking about refinancing your current mortgage. This free version should help you find most of the things you need, but you should be aware there is a pro version available if you’re looking for even more detailed information.
Zillow is a huge company that will help you find the home of your dreams, so it makes sense that they would come out with a great calculator to help people determine how much they can afford before they start looking through their home listings. It will deal with helping you work out how much you can afford and it will also tell you whether or not it makes sense to refinance your current home. It’s one of the more popular mortgage calculator apps on the market because of the brand name behind it.
When you’re trying to figure out what you can afford to pay you want answers fast and Loan Calc will be able to give you a number straight away based on current mortgage rates. You can even find out about different scenarios quickly by sliding your finger over the screen to increase or decrease certain figures. It’s well-designed with non-tech people in mind, so even if the thought of using scary calculators scares you to death you won’t have anything to worry about.
Stay in control
If you have access to all the information inside the apps you’ll be able to make much more informed decisions. Hopefully you get the great news you need and you can proceed with buying your dream home, but even if you’re not able to afford one at the moment at least you’ll know what you need to do to turn your dream into a reality.
Author Bio: Warren Brown is a freelance blogger and an ace creative write with many years of experience writing for top blogs. Warren has written on a myriad of topics and has written several posts for us.