By National Association of REALTORS
Open iTunes to buy and download apps.
The MID Calc from the National Association of REALTORS® allow homeowners to estimate the tax savings value of the Mortgage Interest Rate Deduction. Use the buying power calculator to see how your housing dollars are optimized by the tax savings.
What's New in Version 1.0.1
Fixed issue with not working with the iPad.
Buy vs rent only considers the mortgage costs. What about real estate taxes, common charges or maintenance charges in a coop? Banks consider these costs when calculating DTI's, and it is common sense to consider the total monthly financial cost of owning the property.
I am also not sure that your tax bracket is calculated solely on your gross income.
Great idea NAR, but misleading in it's current form.
- Category: Finance
- Updated: Nov 27, 2010
- Version: 1.0.1
- Size: 0.2 MB
- Language: English
- Seller: National Association of REALTORS
- © 2010 National Association of REALTORS®
Compatibility: Requires iOS 3.1.3 or later. Compatible with iPhone, iPad, and iPod touch.