The more efficient and user-friendly a mortgage calculator is, the better it is for end users. End users can be first time mortgage applicants, real estate brokers, seminar speakers and retirees who own real estate and are thinking of refinancing their existing mortgages. Whatever the purpose - foreclosures, flipping, fixer-uppers, notes - mortgage calculator plus is the smartest tool to have. You simply key in six types of information: loan amount (principal), interest rate, term (or amortization period), start date of the mortgage, property tax, and insurance, if applicable. After you enter the required data, it calculates your monthly repayments in seconds. Changed your mind and want to reduce the term from 25 to 20 years? Replace the 25 years with 20 and it re-calculates the figure in seconds! It shows how much of your monthly payments go to the principal amount and to interest. This way you keep track of your interest payments if you wish to claim certain tax deductions in the future. Business owners who are in real estate can add mortgage calculator plus to their web sites easily. There is a one-time upfront licence fee of $49.95, which entitles you to an automatic perpetual licence. No renewal or other hidden fees! When your payment is received, you can download your mortgage calculator plus immediately. It is delivered to you over the Internet, and copyright messages are contained only in the source code. Site visitors do not see our name. The software takes up only 280 Kb of space. System requirements are minimal: a web hosting account running on any major operating system and a PHP of 1.4 or higher. One distinct benefit: you can modify the calculator to suit your needs: change default values, currency sign, wording, font and colors. It will blend in with your web site's format. You'll receive a step-by-step installation and integration guide plus technical support via e-email, if needed, but we guarantee a flawless installation process. Free upgrades too!