There are many hidden costs that can be associated with homeownership, but a new product developed by Wheatworks Software is taking the guesswork out of purchasing a place of your own.

Real Estate Calculator Suite 2.3.50 is a new Windows-based computer program that includes more than 15 different real estate calculators. These calculators can help potential homeowners to determine exactly how much they can afford to spend when it comes to purchasing a new home.

The program can assist those who are in the market for a new home with everything from determining how much they will need for a specific down payment to figuring out how much their regular loan payments will be.

Real Estate Calculator Suite 2.3.50 can also give potential homeowners a glimpse of their loan spread and loan amortization schedule along with letting them in on how much they will likely need to shell out for closing costs.

Armed with this new technology potential homeowners will have a better idea of the types of homes they will be able to afford and what type of mortgage repayment schedule will suit them best.

The calculators can even help new homeowners to determine which mortgage plans and rates will best suit their budget.

Other handy features included in the program include a Documentation Checklist, a Home Inspection Checklist, a Mover’s To Do List and an integrated Upgrade Center.

The Real Estate Calculator Suite is compatible with Windows 95, 98, ME, NT4, 2000, XP Home and XP Professional and is available through the Wheatworks’ website for $39.95.

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