Intero Cool Apps – Get all of the Financial Facts with Smart Asset

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By John Thompson, Executive Vice President, Intero Real Estate Services, Inc.

cool apps 10 smartThe topic of finance can be extremely daunting, whether it be for buying a house or paying off student debt.  Before embarking on a major financial decision, understanding what exactly you can afford and knowing all of the details of how these transactions affect your overall life and budget are super important.  Many times, people just walk into the decision blind which, in the end, can cause a much larger headache than is necessary, especially when there are apps like Smart Asset out there.

Smart Asset gives you all the information you need to make a smart decision about buying a home, refinancing, student loans, and so much more. The app and website was created when one of the founders was looking for an easy to use site to help him with home buying decisions. I know what you’re thinking, “But don’t most real estate sites have a mortgage calculator?  It’s that all you need?”  Now, that’s great and all for your monthly payments, but think about all the other areas of your life that are affected when you buy a home (disposable income, property taxes, etc).

Through a series of simple questions about income, deductions, assets, geography, expenses and more, Smart Asset is able to give you personalized advice on what’s actually affordable and why.  This includes how this financial change will affect your taxes, cash flow, and a prediction of how the investment might change over time; a much more comprehensive answer than just how much you’d be paying per month for a home.  The analytics include easy to read graphs, illustrations and clear information to give you everything you need to make a smart financial decision.

The site will even remember your information so after you’ve bought your house, you can use it again to analyze your retirement plan.   Definitely an app worth checking out before making your next big financial jump. Oh and did I mention, it’s all free.

Check out the below video to get a closer glimpse into how it all works.

SmartAsset Introduction from SmartAsset on Vimeo.

 

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