Here is a new calculator developed by the Automatic Home Finder brokerage in Denver Colorado.
Buying a home that is farther away from work may have a lower mortgage payment, but you'd be surprised at how much more you'll spend by driving to work. Try comparing a house in-town to a less expensive house out-of-town & see the actual cost of commuting for yourself.
Download the FREE iLoanSolutions Financial Calculator suite (961KB).
Requires Macromedia Flash: Download FLASH
File is zipped. Free Zip/Unzip program
Instructions:
If you have any problems with the setup contact DennisM@RENY.net or 518-312-4030 ext #1 or 888-749-3384 toll free
Download rental property assessment utility (895 KB requires MicroSoft Excel)