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Mortgage IQ app for iPhone and iPad


4.6 ( 8176 ratings )
Business Finance
Developer: StatWhiz Ventures LLC
Free
Current version: 1.2, last update: 7 years ago
First release : 07 Jan 2015
App size: 11.16 Mb

Provides the most sought after premium tools including Buy VS Rent, Zip codes by Home price Range, Home buyer ROI & Home vs Other assets to homebuyers!

1) Buy Vs Rent - Lets you visually customize your home data (Price, APR, Closing Costs, etc.) and recommends buying or renting a home by holding period. It automatically fills all the data relevant to your Postal code. It shows you ROI for both buying and renting scenarios, along with Annual Cashflow data.

2) Income Property Advisor - Based on Industry proven models, this premium tool provides you with a guidance on the profitability of your Income property including IRR, Detailed After tax Cashflow Streams for holding period, Sensitivity analysis.

3) Home Sale Trends - Shows you the Last 15 Years of home price appreciation trends. It also compares the $ made by appreciation in your zip code WITH other investments like US Stock market, GOLD, Bonds.

4) Visual Heat Map - It provides a great visualization of zip codes with in your specified range (city, 10-100 miles, state) for a home price range you are looking for, last 10 year CAGr that you would like to have, total 10 year returns you would like to see.

5) Purchase/Refi Trends - Based on comprehensive quarterly data, it shows the Average home prices, APR, Refi volumes for zip codes by FICO score range.