RealtyJuggler Real Estate Calculators are the ideal tool for pre-qualifying your prospects. Stop showing buyers homes they can't afford. The maximum loan calculator takes just a few minutes and gives you and your client a good estimate as to which homes they can afford given their income, debt, their available down payment and the current mortgage rates.
What would happen if the interest rates suddenly changed? Can your buyer still afford that home they have a contract on? Mortgage payments calculator can provide you will change in mortgage payments based upon an alternative mortgage rate. Don't get caught by surprise. Educate your buyer on changing market conditions and how these changes may affect their ability to close on a home.
Most buyer intuitively understand the benefits of home ownership over renting. In many cases, these benefits are emotional, such as the feeling they get when they know that they are living in a home that they personally own. However, there are are financial benefits as well. The rent-vs-own calculator can quantify these financial benefits in a way clearly and concisely explains the multiple financial ways that home ownership makes sense.
One of the most challenging things about being a real estate professional is the variable nature of your income stream. Use RealtyJuggler Real Estate CRM to track expenses, as well as commissions to better understand cash flow, taxes paid and owed and to build a Profit & Loss Statement. Estimate potential income from your prospects and listings, and even calculate potential cash flow based on estimated close date.
Track expenses by category to better understand what your expenses are, and ways to better utilize limited financial resources. Track promotional expenses against generated results. RealtyJuggler can even track which advertising campaigns are producing results, and which are not.
Determine qualification for million-dollar club through computation of total gross commission based upon your sides for month, quarter, and year. Set personal goals, and hold yourself accountable using the RealtyJuggler income tracker. You can even track rental income as well as other income, such as for consulting work.
Real Estate Commissions Calculator
The RealtyJuggler real estate commissions calculator can quickly and accurately calculate net commission for each of your transactions, and can also help estimate potential commission for buyers and listings. Results include splits, franchise fees, referrals, deductions, and other adjustments. Commission can be a fixed fee, or percentage of sales price, including an option for graduated sales commission. Total income can be calculated by deal quarterly and annually, for tax purposes.
Real Estate Expense Tracking
Track your real estate expenses, including promotional expenses associated with your listings. Results can be summarized quarterly or annually, and are suitable for creating Profit & Loss (P&L) statements and for quarterly estimated taxes as well as year-end taxes. Upload your receipts, and track taxes paid and owed. Expenses can include repeating expenses, hourly payments to contractors, as well as mileage expenses.
Seller Net & Buyer Net Calculators
The Seller Net calculator will help you estimate take-home cash from any real estate transaction. Just enter estimates sales price, commission, loa payoff amount as well additional closing costs to determine final net cash back. This is a particularly handy real estate calculator to determine how much cash will be available for a down payment for the seller after closing. Some states, like California, require a Seller Net calculation be done by the agent before accepting the listing. Buyer net calculator does this calculation, but from the standpoint of the Buyer and how much cash they will need to bring to the table, accounting for earnest money deposit, loan amount, and closing costs the buyer is responsible for.
Maximum Real Estate Loan Calculator
Calculate the maximum loan a buyer can qualify for based upon income, down payment, interest rates, and other associated costs like PMI, taxes, and Homeowners Association Dues. This calculator is perfect for what-if scenarios, using different loan programs, such as an adjustable rate mortgage, a piggyback loan, and paying for points. You can also game out changes in maximum home that a buyer can qualify for should interest rates change.
