Use the More Reports Function in the Toolbar

All ProAPOD real estate investing software solutions provide a specially-designed toolbar to make your real estate analysis as trouble-free as possible. Included in this toolbar is the “More Reports” function which allows you to select a number of other forms that can be opened which in turn enables you to create other specific reports such as a marketing package (for instance).

This function is often overlooked by customers using our real estate software so we felt it needful to point it out. You will see this function on the toolbar labeled “More Reports” . Simply click it and a drop-down menu containing the names of the other reports will appear. Click your selection and the form required to create that specific report will automatically appear. To hide the form, simply go back to the toolbar and deselect the report.

Mortgage Refinance Calculator Added to Real Estate Calculator

A mortgage refinance calculator has been added to the suite of calculations provided in ProAPOD’s web based real estate calculator. This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. You will be able to see your monthly payment and net interest savings as well as how many months it will take to recoup the closing costs. It only requires a couple of entries to determine whether a mortgage refinance might be practical.

For example, say that your original loan amount was $100,000 at 5.0% annual interest for 30 years and you’ve made 36 payments and you can refinance at 4.0% for 30 years but must pay 2% loan points and $500 in other fees (i.e., appraisal, title, etc.) which you will roll in to the new loan. The result will show you how much interest refinancing will save you over the course of the loan verses your original mortgage plus the number of months it will take to recoup the closing costs associated with refinancing. The calculator also lets you select not to roll the points and other fees into the new mortgage; in which case these closing costs are counted as cash required up front and not included in the new loan.

Customers who already purchased this real estate calculator are never charged when this program is updated. This new mortgage refinance calculator will automatically be available the next time you log in.

Online Real Estate Calculator Updated

The ProAPOD Online Real Estate Calculator has updated its Inflation Rate calculator to include the the latest US government CPI data released on January 16, 2012.

This means that you can measure the buying power of the dollar between 1913 through to full year of 2011 according to the Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS). For example, you can see how much you would have to spend in 2011 for say, a $20 expenditure made as far back as 1913 as well as see the inflation rate between these (or any other) two periods.

Our real estate calculator customers are never charged for updates. So if you purchased this web based calculator you will automatically have access to this updated inflation rate data the next time you log in.