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What is Mortgage Loan Calculator?

The calculators featured on this website represent the result of more than 35 years of valuable user input, with countless individuals contributing their thoughts and recommendations; we sincerely thank all who participated! New users will appreciate the calculators' extensive capabilities and precise outcomes that reflect the current date. Unlike many other platforms that only provide rough "estimates," our tools ensure accuracy in calculations. Moreover, we've incorporated an option for 366 days in a year, which is essential for interest calculations with daily compounding, whether it be exact/simple or continuous, as well as for variable initial time periods. This leap year feature helps maintain accuracy in calculations, while in regular years, the conventional 365 days is applied. Additionally, this calculator allows users to set up a personalized payment schedule that does not automatically change the payment amount when the mortgage amount fluctuates, offering enhanced flexibility in financial management. Consequently, users have the ability to adjust their payment preferences to align with their specific financial situations, further enhancing the utility of our calculators. As a result, users can effectively navigate their financial planning with confidence and ease.

What is HUD LITE?

Input settlement charges as either Buyer's or Seller's Expense, and HUD LITE will generate necessary notations and column totals automatically. The software adeptly assigns the correct GFE number for standard entries while also creating entries for the GFE Comparison Page without any hassle. By inputting amounts from the lender's Good Faith Estimate, you can ensure your form is completely set up, ready for generating and printing the Hud-1 Settlement Statement applicable to purchases, new loans, and refinances. Enjoy the convenience of automated entries for the Good Faith Estimate (GFE), and refer to the GFE Quick Start Guide for any needed guidance. The platform guarantees precise calculations and reconciliations for balances related to receipts, disbursements, and net loan proceeds (cash received from the lender). It also automatically compiles a balanced record of deposits and checks while calculating both the Loan Origination Fee and Loan Discount. Any changes made to proration or disbursement dates will prompt recalculations of prorations, loan payoff amounts, and interest due to the lender. Moreover, broker commissions can be entered as either a percentage or a fixed sum, offering even more flexibility. These robust features ensure that the entire process remains efficient and easy to navigate for users. In summary, HUD LITE enhances the settlement process by providing a reliable and user-friendly platform that simplifies complex calculations and documentation.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$12.95 one-time payment

Pricing Information

$179 one-time payment

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Pine Grove Software

Company Website

www.pine-grove.com

Company Facts

Organization Name

Alta Star Software

Company Website

www.hudlite.com

Categories and Features

Mortgage and Loans

Amortization Schedule
Government Loans

Categories and Features

Mortgage and Loans

Closing Documents
Government Loans
Loan Origination
Refinance Management

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