Wheatworks Blog: Financial Matters

In the last few weeks, the MoneyToys™ APR Calculator and Closing Costs Calculator have been updated to 2.0. These calculators now allow webmasters to modify the fontface and size.

These two 2.0 versions have been added to the Entire Collection of MoneyToys which, as a result, has been updated to version 1.9.3. Visit MoneyToys.com to see the entire set of 14 financial calculators for web sites.

Share This Post ...

Close this Window Bookmark and Share This Page

Save to Browser Favorites / Bookmarks

Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BuddyMarks BUMPzee! CiteULike co.mments Connotea

del.icio.us Digg diigo DotNetKicks DropJack dzone Facebook Fark Faves Feed Me Links Friendsite folkd.com

Furl Google Hugg Jeqq Kaboodle kirtsy linkaGoGo LinksMarker Ma.gnolia Mister Wong Mixx MySpace

MyWeb Netvouz Newsvine oneview OnlyWire PlugIM Propeller Reddit Rojo Segnalo Shoutwire Simpy

Slashdot Sphere Sphinn Spurl Squidoo StumbleUpon Technorati ThisNext Webride Windows Live Yahoo!

Email This to a Friend

Copy HTML: 

 If you like this then please subscribe to the RSS Feed.

Powered by Bookmarkify™

More »

MoneyToys(tm) Closing Costs Calculator for web sites has been updated to version 2.0. Closing Costs Calculator is a web-based calculator for mortgage and real estate-related web sites. It allows web site visitors to calculate and compare the likely closing costs for 4 different home loans at once.

The colors, default values and fontface and font sizes of Closing Costs Calculator are configurable allowing webmasters to make the calculator match a web site’s color scheme and design.

Included with the Closing Costs Calculator by MoneyToys are complete installation instructions and three sample web pages which show how to configure the calculator. MoneyToys web site calculators are designed for easy installation.

Complete information about this new Closing Costs Calculator is available at http://www.moneytoys.com/closing-costs-calculator.php. You can try it online and then buy it for your web site for only $39.95 USD.

The complete MoneyToys(tm) collection of web site calculators includes 14 calculators designed for financial and real estate-related web sites. Available for $139.95 USD, the license fee is a one-time fee. There are no recurring license fees and, because MoneyToys are installed on your website, there are no hosting fees.

Complete information about all of the MoneyToys Web Site Calculators is available at http://www.moneytoys.com/website-calculators.php

Share This Post ...

Close this Window Bookmark and Share This Page

Save to Browser Favorites / Bookmarks

Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BuddyMarks BUMPzee! CiteULike co.mments Connotea

del.icio.us Digg diigo DotNetKicks DropJack dzone Facebook Fark Faves Feed Me Links Friendsite folkd.com

Furl Google Hugg Jeqq Kaboodle kirtsy linkaGoGo LinksMarker Ma.gnolia Mister Wong Mixx MySpace

MyWeb Netvouz Newsvine oneview OnlyWire PlugIM Propeller Reddit Rojo Segnalo Shoutwire Simpy

Slashdot Sphere Sphinn Spurl Squidoo StumbleUpon Technorati ThisNext Webride Windows Live Yahoo!

Email This to a Friend

Copy HTML: 

 If you like this then please subscribe to the RSS Feed.

Powered by Bookmarkify™

More »

If you have an FHA-insured mortgage loan you probably pay a mortgage insurance premium (AKA by the TLA “MIP”) in addition to your principal, interest, taxes and insurance payment each month. MIP is a premium collected to cover the cost of mortgages that do not get paid off. When an FHA mortgage goes into default, the MIP payments help pay the lender’s costs associated with repossessing the home and then reselling it.

What many don’t know about the MIP on FHA mortgages is that the amount varies. If you acquired an FHA mortgage loan before July of 1991, you will pay a mortgage insurance premium for the term of your loan. However, because it is calculated as a percentage of your remaining debt, it decreases as your principal is paid down.

If your FHA loan was originated after July, 1991 but before 2001, the amount of time you will pay MIP was determined at closing. It was based on the size of the down payment you made.

If you purchased your home with an FHA mortgage in 2001 or later, you must pay MIP for at least the first 5 years. Then, MIP can be dropped when your equity reaches 22% of the value of the home when you bought it.

Finally, here’s something you may have missed: The HUD/FHA’s web site offers you a way to see if you may be owed a refund of MIP insurance on your FHA-insured mortgage. Find out if HUD owes you a refund.

Share This Post ...

Close this Window Bookmark and Share This Page

Save to Browser Favorites / Bookmarks

Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BuddyMarks BUMPzee! CiteULike co.mments Connotea

del.icio.us Digg diigo DotNetKicks DropJack dzone Facebook Fark Faves Feed Me Links Friendsite folkd.com

Furl Google Hugg Jeqq Kaboodle kirtsy linkaGoGo LinksMarker Ma.gnolia Mister Wong Mixx MySpace

MyWeb Netvouz Newsvine oneview OnlyWire PlugIM Propeller Reddit Rojo Segnalo Shoutwire Simpy

Slashdot Sphere Sphinn Spurl Squidoo StumbleUpon Technorati ThisNext Webride Windows Live Yahoo!

Email This to a Friend

Copy HTML: 

 If you like this then please subscribe to the RSS Feed.

Powered by Bookmarkify™

More »

Our Free Loan Calculator has been updated again to version 4.1. This free software allows you to quickly compare two loans side-by-side. It accommodates different payment frequencies and considers taxes and insurance. By comparing different interest rates, length of repayment terms and amount borrowed, it gives you the ability to see the difference in regular payment amounts, shows you the total interest paid, total taxes paid, total insurance and the total amount paid. It’s designed to make the differences between two loans immediately obvious.

Learn more about Wheatworks’ Free Loan Calculator or see all of the free financial software from Wheatworks.

Why is it free? Because it’s a great way to introduce people to all of Wheatworks financial software products which are designed to make financial math easy!