Real Life Mortgage Calculator 1.05 is the application software that can help your clients and customers to analyze their mortgage and its payments. You just have to add this application to your web site. It will automatically help visitors to find out their status and capacity to take and repay loans. It asks 20 variable questions from the visitors through a questionnaire. Based on the answers of this questionnaire it automatically makes all the calculations and displays a printable report that contains all the details related to loan and mortgage planned by the user. This detailed information includes total loan amount, down payment, interest, monthly installments, estimated value of mortgage property, time-period of repayments, upfront costs, utility costs, and much more. It also suggests whether the visitor is in the position of paying back all his loans after considering his current financial status and other details. This application works on JavaScript and PHP platform.

This application can help you calculate only mortgage loans and not other type of loans.