A website where you can input your financial status, and receive predictions on equity, costs, and acquired interest? Sign me up!
“The mortgage industry has a history of screwing things up. Maybe the intentions are good but the process couldn’t be more confusing. Throw in all the confusing lender jargon like amortization or APR and the borrower gets foggy at the outset.
Mortgage loan officers can have a hard time translating what they know into language the borrower can understand. Try to compare a 30-year loan with 20 percent down to a 20-year loan with 25 percent down. Throw in paying a point on one loan but not the other and you can see why comparing loans leaves many borrowers ready to give up and just do what their loan officer tells them to do.”
All this led to a wonderful site called Tacfi.com, which makes accurate predictions and speedy calculations based on the personal financial data you enter into its system. Check out this Blanche Evans article for even more information!