Real estate calculator
TABLE OF CONTENTS
The Calculator menu is located just below the Resources menu.
Use the Real estate financial calculators to calculate the Monthly repayments and sell buy costs.
Sell/Buy Costs
The difference between the Selling Costs and Purchasing Costs – The Sell & Buy costs calculator can be used to display the various costs to the vendor for the sale of their existing house and the purchase of their new house. It then shows the difference between the values – showing the client whether they are going to make or lose money off the purchasing of the new house.
Real Estate Fees
The real estate fees are calculated from your office vendor commission rates.
Mortgage Repayments
Mortgage repayment calculator enter: the amount of loan, Term, interest rate and repayment frequency. Then click on the Calculate button. (You can swap it around and enter any four of the five values and the calculator will automatically find the 5th value).
Interest Rate changes
The effects of Changing Interest Rates – The Interest Rates calculator is used to display the affects of fluctuating interest rates on your mortgage repayments.
Yield
Calculate the Yield on a property – The yield calculator takes the weekly rental income on a property and converts to a per annum rate (either real or calculated) and divides by the potential selling price.