Monday, January 27, 2014

Home Buying Calculations Simplified – Home Value Calculator

Frustrated staying in a rented house? Still confused whether to buy a house by taking loan now!!

You would be grappling with lot of questions like whether the price will come down, whether the income tax benefit worth the investment, what will be the worth of my home in 20 years, should I put my savings in FD or invest in home??

We at RealtyCompass are committed to make the life of home buyer easy, by constantly offering innovative solutions. Here is an elaborate calculator which will answer all your questions.

1. Value of home you can afford, based on your salary and down payment capacity

2. Automatic calculation of loan potential and EMI

3. Projecting  rental saving / rental income over a period of 20 years

4. Income tax benefits of buying a house from payment of interest, payment of principal and being a new home buyer

5. Net worth of home in Present terms based on moderate appreciation on home value; and Return On Investment (ROI) on money invested and benefits arising out of it.

The calculator simplifies the complicated computations with few inputs and presents in lucid and interactive interface.

For inquisitive who seek for more explanation, the calculator is also supported by tool tips and FAQs.

Here is the link to Home Value Calculator !! Happy Home Search!!

Source: http://www.realtycompass.com/blog/advisory/calculations-simplified-calculator/

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