TedCo Software Financial Matters Blog

Discover the Features of a Powerful Loan Comparison Calculator and Amortization Generator.

The power of LoanSpread™ (www.loanspread.com) makes it easy to analyze and compare loans quickly! Wheatworks Software, LLC is pleased to announce an important update to LoanSpread which is now at version 4.8.

Each feature of LoanSpread™ Loan Comparison and Amortization Calculator focuses on offering you accurate results, useful reports and amortization schedules so you can see the “big picture”.

Save Valuable Time Comparing Loans

Whether you want to know the payment amount, term, loan amount or interest rate, LoanSpread™ shows you answers quickly! LoanSpread™ compares 135 loans at once making it so much quicker than calculating the individual loans you wish to compare.

Do Multiple Loan Comparison Analysis

LoanSpread Loan Calculator creates a financial answer grid which compares 135 loans at the same time and makes relationships among the loans obvious! It’s like a loan calculator on steroids!

Create Amortization Schedules

LoanSpread™ creates both monthly and annual amortization schedules. Simply right click on the selected loan in the financial answer grid and choose “Create Amortization Schedule” from the popup menu or click the “Amortize” button on the button bar. After you create an amortization schedule, you can see the effects of adding additional amounts to individual payments, a range of payments or all payments.

Easily Perform Complicated Time Value of Money (TVM) Calculations

LoanSpread™ Loan Calculator allows you to change any three of a loan’s four variables (amount borrowed, term, payment amount and interest rate) and instantly solve for the fourth value. LoanSpread displays answers to 135 of these Time Value of Money calculations at once.

Calculate the Full Payment of PITI

Unlike many loan calculators, LoanSpread Loan Comparison and Amortization Calculator will compute the full payment amount for every loan you compare. In addition to the principal and interest payment, with a simple button click, LoanSpread includes taxes and insurance. You can quickly switch between PI payments and PITI (principal, interest, taxes and insurance) payments.

Choose the Payment Frequency

LoanSpread™ allows you to calculate loan scenarios using different payment frequencies! Offers Daily 365/year, Daily 360/year, Weekly, Biweekly 26/year, Bimonthly 24/year, Monthly, Quarterly, Biannual, and Annual payment frequencies.

See Instant Loan Summaries

The Loan Summary Window is a great feature of LoanSpread™ which allows you to view a detailed summary of any of the 135 loans. Accessed by right-clicking on a loan result in the answer grid, Loan Summaries offer a quick way to drill into the details of a particular loan scenario.

In one easy place, the Loan Summary window details the Amount Borrowed, the Payment Frequency, the Term, Annual Interest Rate, Payment (Principal and Interest), Payment (Principal, Interest, Taxes and Insurance), Total Principal Paid, Total Interest Paid, Total Principal and Interest Paid, Total Taxes Paid, Total Insurance Paid, Total Taxes and Insurance, and Total Paid Over the Term (PITI).

Download Free Trial Version

Download a fully-functional, evaluation version of LoanSpread Loan Comparison and Amortization Calculator and use it 10 times for free on your Windows 2000, XP Home, XP Pro or Vista-based computer.

Ruston, LA September 6, 2008 — Wheatworks Software announces LoanSpread 4.7, a major update of its award-winning loan comparison calculator. This financial calculator allows the user to compare 135 loans at once, review detailed summaries of selected loans and print amortization schedules with or without prepayments.

LoanSpread Loan Comparison Calculator is a powerful financial tool for consumers and professionals in banking, lending, financial planning and real estate industries. LoanSpread helps professionals see the big picture quickly when considering the time value of money or a particular lending scenario. The financial calculation results are displayed on a grid of answers making relationships among principal, interest rate, term and payment immediately.

Consumers can use the power of LoanSpread to analyze and compare possible loans more quickly than ever before. Because LoanSpread compares 135 loans at once, borrowers save time. Users can print out the calculation results for all the loans on a simple, easily understood, one-page report containing the financial answer grid.

LoanSpread helps users compare mortgage loans, too. After entering the estimated annual property taxes and insurance, users can choose to include them in the calculation results so that payments, for example, reflect the true monthly loan cost of principal, interest, taxes and insurance.

LoanSpread Loan Comparison Calculator solves for any of the primary loan variables a user wishes. By clicking a button, a user determines which calculated variable is displayed in the answer grid. The financial answer grid updates instantly with the results for 135 different loans.

What’s new in LoanSpread 4.7?

New to version 4.7 is the ability to create and print amortization schedules with prepayments. A user can right-click any loan in the financial answer grid and create an annual or monthly amortization schedule for it. Once the amortization schedule is created, the user can easily add prepayments to a single payment, a range of payments or to all payments.

Available now, LoanSpread 4.7 costs $39.95. Significant discounts on multi-user licenses are offered.

A free, fully-functional, 10-use trial is available for download from: http://www.loanspread.com

About Wheatworks Software

For more than a decade, Wheatworks Software has created award-winning financial calculators for consumers, professionals and companies in the real estate, investment, mortgage and financial services industries. Founded in 1997 by Rick Wheat, Wheatworks Software has released several financial software products including, Home Buyer’s Calculator Suite, Real Estate Calculator Suite, Discounted Cash Flow Analysis Calculator, Home Seller’s Calculator, SaveSpread(tm) and LoanSpread(tm). For more information, please visit http://www.wheatworks.com.

FOR IMMEDIATE RELEASE

With the addition of two new calculators, the Average Interest Rate Calculator and the Mortgage Qualification Calculator, the MoneyToys(tm) collection of website calculators has grown to include 17 financial calculators for real estate web sites.

MoneyToys website calculators make it easy for a real estate webmaster to add value to a website. With MoneyToys calculator collection installed on a web site, the site’s visitors can perform financial calculations without leaving the site.

The 17 website calculators in the MoneyToys collection are easy to install. Real estate webmasters can modify the 17 real estate calculators’ default values to reflect local market conditions. Loan amount and interest rates, for example, can be easily configured for an agent’s local market.

With only a few lines of HTML, real estate webmasters can quickly add online interactivity to a web site. The font face, colors and sizes of MoneyToys web site calculators are easily modified so they match the design of a website. In addition, the default financial values can be set to fit any local market.

As website visitors enter their financial values in the MoneyToys calculators they automatically compute and display financial answers. By adding this interactivity to a web site a webmaster increases the time visitors spend on the site.

Included in the growing collection of 17 MoneyToys are simple loan calculators, mortgage qualification tools, loan acceleration calculators, downpayment savings calculators, closing cost calculators, refinancing and payment calculators.

The entire collection of MoneyToys is available for only $139.95 USD. Individual calculators are available for only $39.95 USD.

Real estate webmasters and agents may try the entire collection of MoneyToys at http://www.moneytoys.com. For more information, contact Wheatworks Software, LLC, Post Office Box 7, Ruston, LA 71273.

About Wheatworks Software, LLC

Since 1997, Wheatworks Software, LLC has created innovative financial calculators for consumers, professionals and companies in the real estate and financial services industries.

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The Credit Card Bubble Blog at http://www.creditcardbubble.com is a place to consider the impact of the credit card bubble on individuals and the economy. So jump in! Share your thoughts, ideas, tips and forecasts.

If you’ve watched the news lately, you’ve heard about the housing bubble. You’ve also heard about the credit bubble. One thing that hasn’t been mentioned too frequently yet is the credit card bubble.

If you heard about it in passing, the comments were similar to, “home owners are maxing their credit cards to pay for basic necessities like food and clothing.” Or maybe you’ve heard the astounding statistics about the number of credit cards the typical person has and the average credit card debt they carry on their cards.

While it has not received as much attention as the housing bubble or the credit crunch, you’ll hear more about the credit card bubble in the future. And it probably won’t be good news.

Ruston, LA – February 11, 2007 – The MoneyToys(tm) collection of web site calculators has grown again with the addition of a Down Payment Savings Calculator. MoneyToys now includes 14 financial calculators which real estate webmasters can easily add to web sites and is available for only $139.95 USD.

Installing these web site calculators is simple. If you have the skills to create a web page, you have the skills required to install MoneyToys. Simple step-by-step instructions and 3 sample web pages are included with each calculator. With a few lines of HTML and MoneyToys a webmaster can quickly install online financial calculators so visitors can do financial math without leaving the web site.

The Down Payment Calculator can be configured to match a web site’s color scheme. The calculators’ default values can be configured to meet the needs of a particular real estate market. For example, whether a typical loan in your market is $150,000 or $500,000 you can easily set the initial values you want your visitors to see. Also, the font and font size can be configured to match the web site on which it is installed

The 14 web site calculators in the growing MoneyToys collection now includes: a Down Payment Savings Calculator, a Biweekly Payment Calculator, a Home Seller’s Proceeds Calculator, an APR Calculator, a Pay Down Debt or Invest Calculator, a Loan Spread Calculator, a Refinancing Calculator, a Buyer’s Cash Requirements Calculator, a Simple Loan Calculator, the new Very Simple Loan Calculator, a Future Value of Savings Calculator, a Loan Comparison Calculator, a Discounted Cash Flows Calculator and a Rent vs. Buy Calculator.

MoneyToys web site calculators quickly add helpful, interactive content to a web site giving visitors additional reasons to return.

Individual MoneyToys calculators can be purchased for $39.95 USD. The entire MoneyToys collection of 14 real estate web site calculators is only $139.95 USD at http://www.moneytoys.com. These are one-time license fees. MoneyToys require no annual or traffic-based fees!

The entire collection of 14 MoneyToys is available for evaluation online at http://www.moneytoys.com. For more information, contact Wheatworks Software, LLC, Post Office Box 7, Ruston, LA 71273.

MoneyToys(tm), a growing collection of online financial calculators for web sites, has been expanded with the addition of a Biweekly Payment Calculator and updated to version 1.9. With a few lines of HTML and MoneyToys a webmaster can quickly install online financial calculators so visitors can do financial math without leaving the web site.

Each MoneyToys calculator can be configured to match a web site’s colors. The default values of these web site calculators can also be configured to meet the needs of a particular web site’s market. For example, while a typical mortgage loan in one market is $150,000, in another market a typical loan may be $600,000. MoneyToys can be configured to fit a web site owner’s market with the initial calculator values the web master wishes the visitors to see.

Installing MoneyToys is simple! If you’ve ever created a web page, you have the skills required to install MoneyToys. Simple step-by-step instructions and three sample web pages are included with each MoneyToys calculator. Full tech support is available from MoneyToys.com.

The MoneyToys collection includes a Biweekly Payment Calculator, a Home Seller’s Proceeds Calculator, an APR Calculator, a Pay Down Debt or Invest Calculator, a Loan Spread Calculator, a Refinancing Calculator, a Buyer’s Cash Requirements Calculator, a Simple Loan Calculator, a Very Simple Loan Calculator, a Future Value of Savings Calculator, a Loan Comparison Calculator, a Discounted Cash Flows Calculator and a Rent or Buy Calculator.

MoneyToys web site calculators allow webmasters to easily add practical, interactive financial tools to a web site which help it stand out and offer visitors reasons to return. MoneyToys are installed directly on a web site and do they require access to any other site or web server. MoneyToys financial calculators do not include links which can take a visitor away from the web site. MoneyToys are designed to keep visitors on your site.

Individual MoneyToys calculators may be purchased for $39.95, while the entire MoneyToys collection is available for only $139.95 at http://www.moneytoys.com. These license fees are one-time fees. Continuous use of MoneyToys requires no annual or traffic-based fees.

Try the entire collection of MoneyToys at http://www.moneytoys.com. For more information, contact Wheatworks Software, LLC, Post Office Box 7, Ruston, LA 71273.

About Wheatworks Software, LLC
Since 1997, Wheatworks Software has developed innovative financial calculators for consumers, professionals and companies in the real estate, investment, mortgage and financial services industries.

FOR IMMEDIATE RELEASE

Ruston, LA, September 26, 2006 – Real Estate Calculator Suite version 4.5 is a Windows®-based collection of 16 real estate and mortgage calculators from Wheatworks.com.

Real Estate Calculator Suite makes real estate math easy for home buyers, home sellers and real estate professionals. The 16 real estate and financial calculators in Real Estate Calculator Suite form a powerful collection of financial tools for any person who wants to explore the financial scenarios related to purchasing or selling real estate.

Real Estate Calculator Suite includes sample data for each of the calculators and has helpful “quick start” instructions give new users an easy introduction. Even easier to use, this version of Real Estate Calculator Suite provides quick relief for any person overwhelmed by real estate or financial math.

Real estate professionals appreciate the comprehensive collection of real estate calculators which help get buyers “in the ballpark”. This new release focuses on enhanced ease-of-use, provides additional information in the help documentation and has more useful tips related to the software and real estate transactions.

Real Estate Calculator Suite includes the following calculators:

2 Quick Calculators
2 Downpayment Savings Calculators
Popup Calculator
Date Calculator
Mortgage Qualifier
Loan Spread Calculator
Monthly and Annual Loan Amortization schedules
Estimated Closing Cost Calculator
Refinancing Calculator
Rent or Buy Calculator
Biweekly Payment Calculator
Prepayment Calculator
Home Seller’s Proceeds Calculator

In addition to these 16 real estate, financial and mortgage calculators, Real Estate Calculator Suite contains helpful real estate forms built into the software. The Home Inspection Form gives home buyers a useful tool to help them review and compare different properties. The Documentation Checklist helps borrowers and co-borrowers gather and prepare their paperwork for a mortgage loan application. The To Do List for Movers is a comprehensive, 4 page checklist which helps movers organize and manage a well-planned move.

Real Estate Calculator Suite is Windows®-based and runs on Windows 95, 98, ME, NT4, 2000, XP Home and XP Professional operating systems. Special features in this release include “Quick Start” help for first time users, improved graphics and faster navigation among the calculators and an integrated Upgrade Center for easy, online updates.

Real Estate Calculator Suite is available for $39.95 USD at http://www.wheatworks.com. Site licenses and volume discounts are also available for real estate professionals. This release of Real Estate Calculator Suite is a free update for registered users.

A fully-functional evaluation version of Real Estate Calculator Suite may be downloaded from http://www.wheatworks.com/recsetup.exe.

About Wheatworks Software, LLC

Since 1997, Wheatworks Software, LLC has created innovative financial calculators for consumers, professionals and companies in the real estate and financial services industries.

CONTACT INFORMATION:
Rick Wheat
Wheatworks Software, LLC
http://www.wheatworks.com

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For additional information and graphics, visit Wheatworks Software’s Press Center at http://www.wheatworks.com/press.htm or contact Wheatworks Software, LLC, Post Office Box 7, Ruston, LA 71273.

Real Estate Calculator Suite is available for magazine cover disks.

Click here to download a fully functional evaluation copy:
http://www.wheatworks.com/recsetup.exe

The September 1, 2006 issue of Realtor® Magazine contained an article, ‘Bring them back’, by Michael Antoniak which is a buyer’s guide for web site enhancements. The article describes Wheatworks’ MoneyToys web site calculators in a list of web site enhancements that add value to real estate websites.

The article is available online at: http://www.realtor.org/rmoprint.nsf/pages/buyersguidesep06