I'm looking for the mortgage tracking software to check whether the bank is taking out the amounts they're supposed to. Looking for something free or web-based.
Any ideas? Or something you've used?
Thanks in advance.
-R.A.excel?
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Basically you get what you pay for. If you spent time setting up an excel spreadsheet with all the correct configurations, you would have spent more time vs $ value then it would have cost for a good mortgage tracking software system.
Two systems I have used and do use are Mortgage Watchdog, which is an Australian based system and Home Loan Interest Manager which I think is US based but works great for the Aust market.
If you would like to see the details of these you can view them here : Mortgage Watchdog and Home Loan Interest Manager or you can go to The Block Blog where I've got both listed ( because I use them)
I think for the money you spend on just one of these, it will save you much more than your investment in the refunds from your lender for the mistakes they make. I've been refunded $1200 on one loan and am owed $267 on another. Some users of this software have been refunded much more.
Ian
http://theblockblog.com
Free Property Investment Info, Tools & Resources for Investors with a Sense of Humour.Which is easier to use?
Do they both include download ability direct from the bank?
Which produces the best reports?
Which produces the best control features ie: additional payments etc?
Which software do you recommend and why?
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