Free Mortgage Manager Free Download & Review

Business | Office » Finance | 1 2 3 4 5 6 | 26 Feb 2010 | Freeware | Created by SustainableHomes

Free Free Mortgage Manager Download | Free Mortgage Manager Direct Download


Review

Review by FileBEAST's Nameless_1:

Free Mortgage Manager is a useful home loan organizing utility, but is perhaps rather limited in terms of extra features. The basic functions on offer include the ability to analyze your overall loan and repayment structure, allowing for you to potentially save money in the long run. This can come in handy, and if used correctly can help you avoid having to refinance your mortgage or pay too much in the way interest. Of course, most home owners already have a system by which they monitor their mortgages, either in the form of software or advice from a bank manager or financial advisor, so it’s debatable how much the average user will actually get from Free Mortgage Manager. You also might not be surprised to find out that this utility includes some advertising in the form of registration for further mortgage analysis and management, and while this is understandable owing to the lucrative nature of the home loan industry, it doesn’t make for the best practical use when bundled with a freeware application. While some of the features can be useful, the overall impression of Free Mortgage Manager is not particularly good, and the utility is too limited and not versatile enough to encourage extended use.

Free Mortgage Manager - Info

We say "future" homeowner because if you're like most Americans, you don't really own your home, your lender does. You actually own a mortgage.
The sad thing is that your lender will still own over 50% of your home after you've been making payments for over 23 years on your 30 year mortgage. This software will automatically, and confidentially, analyze your mortgage to show you how you can save thousands of dollars, and own your home years earlier without refinancing or increasing your mortgage payments - and there's nothing for you to purchase, so relax, we're not selling anything, now or in the future.

Before we analyze your mortgage, let's take a look at the ugly facts of a 30 year conventional mortgage, the facts your lender would rather you didn't know:

--After paying 15 years on your 30 year mortgage, you'll still owe 90% of the amount you borrowed.
--After paying nearly 24 years, you'll still owe over 50% of the amount you borrowed.

--You'll pay over THREE TIMES the amount you originally borrowed before paying off your mortgage.

To make matters worse, the F.D.I.C. estimates that lender mistakes occur in 1 out of every 2 mortgages, overcharging homeowners $8 - $10 BILLION each and every year.

In fact, the only good news is that all of this can easily be prevented.


 

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Operating System(s): Windows 95/98/ME/2000/XP

Size Estimate: 831 KB



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