We asked seven founders and CEOs for their recommendations on the best home buying calculator apps to help you plan your purchase in 2024. From Redfin’s accuracy to NerdWallet’s affordability calculator, here are seven detailed reviews of the top apps available.
- Use Redfin For Accurate Calculations
- Utilise RealEstateCalc Pro
- Try Realtor.Com For User Friendliness
- Leverage Zillow’s Advanced Analytics
- Analyze Deals With BiggerPockets
- Explore Rocket Mortgage’s Streamlined Approach
- Plan With NerdWallet’s Affordability Calculator
Use Redfin For Accurate Calculations
In my experience, Redfin’s home-buying calculator stands out as the top choice for 2024. It’s remarkably accurate, factoring in often-overlooked costs like property taxes and HOA fees. The app’s ability to sync with your preferred lender for real-time rate quotes is a game-changer, saving valuable time during negotiations. I’ve personally used it to close dozens of deals, and its intuitive design makes it accessible for both novice buyers and seasoned investors.
Jacob Hale, Lead Acquisitions Specialist, OKC Property Buyers
Utilise RealEstateCalc Pro
I’d highly recommend the RECalc Pro app for serious investors in 2024. It’s packed with advanced features like cash-flow analysis, ROI projections, and tax implications that are crucial for strategic planning. We’ve used it to model over 50 flip scenarios in the last quarter alone, saving us countless hours. The app’s ability to factor in complex financing options has been a game-changer for our creative deals.
Darcy Turner, Founder, Investor Home Buyers
Try Realtor.Com For User Friendliness
As a former software engineer, I’ve tested countless real estate apps, and Realtor.com’s stands out for home-buying calculations in 2024. Its user-friendly interface combines mortgage estimates with property taxes and insurance costs, giving a comprehensive view of potential expenses. What I love most is how it integrates with local MLS listings, allowing users to run calculations on actual properties they’re considering. We often recommend this app to our clients for its accuracy and ease of use.
Liz Hutz, Owner, Liz Buys Houses
Leverage Zillow’s Advanced Analytics
The Zillow app is hands-down the best home-buying calculator for 2024, offering advanced analytics that go beyond basic mortgage calculations. Its “Zestimate” feature provides real-time property valuations, helping buyers make informed decisions quickly. The app also includes robust investment analysis tools, which I find invaluable for evaluating potential rental income and ROI. We have seen a significant increase in client satisfaction and closing rates since recommending this app.
Zach Fertig, Owner, Property Leads
Analyze Deals With BiggerPockets
As a flipper and investor, I swear by the BiggerPockets mortgage calculator app. It’s perfect for running quick numbers on potential deals, factoring in rehab costs and future rental income. We’ve used it to analyze over 200 properties in the last year alone. The app’s ability to compare different loan scenarios has saved us thousands in interest payments across our portfolio.
Brandon Hardiman, Founder, Yellow Hammer Home Buyers
Explore Rocket Mortgage’s Streamlined Approach
From my experience with productivity apps, I’d say Rocket Mortgage’s calculator app is the best for planning home purchases in 2024. Its all-in-one approach combines mortgage calculations, property searches, and document management, streamlining the entire home-buying process. The app’s AI-powered chatbot provides instant answers to common questions, reducing the need for constant human support.
Paul Sher, CEO, FuseBase
Plan With NerdWallet’s Affordability Calculator
The NerdWallet home-affordability calculator stands out as the best tool for 2024. It’s comprehensive yet easy to use, factoring in often overlooked costs like HOA fees and property taxes. We’ve seen countless clients make more confident decisions using this app. The detailed breakdown of monthly payments is especially valuable for budgeting in our high-cost market.
Mamta Saini, CEO, We Buy Houses In SF Bay Area