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Mortgage+Care Loan Calculator

Editors' Review

by   / August 04, 2011

A home is often one of the biggest purchases you will ever make, so it goes without saying that buying a home can be a really stressful undertaking. That's why it's important to go into it fully prepared. Mortgage+Care Loan Calculator offers just the right amount of tools to help you calculate your monthly payments for mortgages and other major purchases.

This program's user interface is as basic as it gets. A small window that acts as the main menu appears with different calculation tools: Payment Calculator, Amortization Schedule (it's misspelled on the menu; a pet peeve), APR Calculator, a Should We Make This Loan? feature, and a Days Between Dates calculator. Mortgage+Care Loan Calculator doesn't have a Help feature, a big minus for anyone new to the world of buying a home. We started by selecting the Payment Calculator option, which introduced another small window. Fields for loan amount, interest rate, and term in months are left blank for you to enter the appropriate numbers. An Options menu lets you compute the amortized payment, interest-only payment, the loan term, and the interest rate. By entering our loan amount, interest rate info, and term of the loan, we were able to calculate our amortized payment. We played around with the different settings to calculate how much house we could afford with different interest rates, as well as how much house we could get with payments that were in our budget comfort zone. Overall, we found the program to be a simple and useful tool for anyone looking to stay informed on a big purchase.

Mortgage+Care Loan Calculator installs desktop icons without permission, but it uninstalls cleanly. We recommend it for all users.

What do you need to know about free software?

Editors' Review

by   / August 04, 2011

A home is often one of the biggest purchases you will ever make, so it goes without saying that buying a home can be a really stressful undertaking. That's why it's important to go into it fully prepared. Mortgage+Care Loan Calculator offers just the right amount of tools to help you calculate your monthly payments for mortgages and other major purchases.

This program's user interface is as basic as it gets. A small window that acts as the main menu appears with different calculation tools: Payment Calculator, Amortization Schedule (it's misspelled on the menu; a pet peeve), APR Calculator, a Should We Make This Loan? feature, and a Days Between Dates calculator. Mortgage+Care Loan Calculator doesn't have a Help feature, a big minus for anyone new to the world of buying a home. We started by selecting the Payment Calculator option, which introduced another small window. Fields for loan amount, interest rate, and term in months are left blank for you to enter the appropriate numbers. An Options menu lets you compute the amortized payment, interest-only payment, the loan term, and the interest rate. By entering our loan amount, interest rate info, and term of the loan, we were able to calculate our amortized payment. We played around with the different settings to calculate how much house we could afford with different interest rates, as well as how much house we could get with payments that were in our budget comfort zone. Overall, we found the program to be a simple and useful tool for anyone looking to stay informed on a big purchase.

Mortgage+Care Loan Calculator installs desktop icons without permission, but it uninstalls cleanly. We recommend it for all users.

screenshots

User Reviews
  • All Versions

    5.0

    out of 2 votes

    • 5 star 2
    • 4 star 0
    • 3 star 0
    • 2 star 0
    • 1 star 0
 
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Full Specifications

What's new in version 2.3

Version 2.3 uses a new installer and addresses items noted in the Cnet review.

General

Publisher Mortgage+Care by Consulting Plus
Publisher web site http://www.mortcare.com
Release Date May 27, 2011
Date Added August 29, 2011
Version 2.3

Category

Category Business Software
Subcategory Small Business Software

Operating Systems

Operating Systems Windows 98/Me/NT/2000/XP/Vista/7
Additional Requirements None

Download Information

File Size 3.91MB
File Name mortcare_calculator_setup.msi

Popularity

Total Downloads 3,442
Downloads Last Week 1

Pricing

License Model Free
Limitations Not available
Price Free
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