Plan the future purchase of homes with a sophisticated home buying calculator
VeriPlan’s fully integrated and automated financial calculators and financial software tools deliver financial planning power to the individual. VeriPlan’s home buying calculator tool automates the lifetime financial planning process associated with future residential home purchases. VeriPlan’s home buyer calculator functionality automatically take into account: the planned home purchase price, closing costs, settlement cash required, mortgage debt to be assumed, interim expected real estate price changes, and subsequent expected real estate price appreciation.
Any number years into the future up to age 100, VeriPlan will automatically project the purchase a home for you. As it does this, VeriPlan’s personal finance software will automatically adjust interim real estate values, purchase costs, future real dollar growth rates, tax basis, etc. Using projected future investment portfolio values, VeriPlan will liquidate sufficient cash, bond, and stock investment portfolio assets to fund the projected home purchase and closing costs minus the planned mortgage debt principal.
VeriPlan’s home buying calculator will automatically set up and amortize an associated tax-deductible mortgage loan
VeriPlan is a fully integrated and automated interest calculator and loan calculator for multiple properties. VeriPlan’s home buying calculator will automatically set up and amortize an associated tax-deductible mortgage loan using your specifications for this home loan, including mortgage interest and mortgage principal. VeriPlan can even help you evaluate your personal debt management strategy and analyze the accelerated payment of mortgages and other loans. (See: Debt Payoff Software )
VeriPlan will project and adjust any property taxes and any costs affected by this new home ownership across your full lifetime. Furthermore, VeriPlan will automatically reflect your deductible property tax and interest for his future home purchase in your projected federal income taxes, state income taxes, and local income taxes, if any. All this information will be reflected automatically in VeriPlan’s 21 standard projection graphics and 21 standard data output worksheets.
Rent versus buy analysis software
If you currently rent your residence and you want to buy a first home, you can use VeriPlan’s integrated financial planning calculators to do a rent versus buy analysis and evaluate the projected lifetime person finance trade-offs between renting and owning your primary residence. You can develop projections that reflect an apples-to-apples rent versus buy analysis comparing your current home rental versus the future purchase of an equivalent home. Alternatively, you can use these rent vs buy analysis features to compare your current home rental to a situation in which the home you plan to purchase upgrades the quality of your housing.
A customer comment from the sidebar: "VeriPlan is a big help. I'm in my mid 50's and have been a diligent saver and passable investor for many years. I am going through a work transition from salaried corporate employee to independent consultant, and my aging parents are needing financial help. Financial planning is particularly important to me and my family now. Thanks for making your product available. I've recommended it to a number of folks and will continue to do so." J.H. in Portland, OR
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A customer comment from the sidebar: "VeriPlan has been a very flexible home financial planning tool. It took me a few hours on a weekend to understand what VeriPlan could do and to enter our financial data. Our family financial affairs were scattered all over, and we lacked a comprehensive picture of what the future might hold for us. I wanted a clear understanding of our projected lifetime and retirement income, expenses, taxes, debts, real estate, financial assets, college investments, retirement investments, and everything else all together." S. L. in Altadena, CA
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A customer comment from the sidebar: "You have done a great job of including the necessary instructions in VeriPlan, located close to where the modeling is happening. The thing I like about the VeriPlan User Guide is that it adds substantial additional commentary that I personally find very valuable. I was hunting for a capable and reasonably priced financial planning package, and VeriPlan is an awesome tool. The more I play around with it, the more valuable I find it. Your free user guide was what made me decide to get VeriPlan." C. A. in North Royalton, OH
Financial Planning Software for Individuals
A customer comment from the sidebar: "One of the stories that VeriPlan tells me is how much of my money could be lost to excessive investment costs. I just switched to some lower cost funds in my 401k. I loved updating VeriPlan with the new cost values just to see the red bar on the Total Assets chart get significantly thinner - quite a shocking difference." M. W. in Tulsa, OK
The Best DIY Retirement Planning Software
A customer comment from the sidebar: "I am extremely impressed with the depth of information that VeriPlan asks for and provides. VeriPlan seems much more detailed than one would expect for the very reasonable price. Although I am not a financial professional, I consider myself more financially educated than the most people of my age (62). I find that VeriPlan's depth to be just what we need for our retirement planning. I am glad I purchased it. Thanks." J. W. in Gainsville, FL
Financial Planning Software for Consumers
A customer comment from the sidebar: "I have been very happy with this software. I will put VeriPlan to work to help optimize our IRA to Roth conversions, while avoiding the IRMAA penalties if we can. We are in an opportunistic window for the next several years. I have been appalled by the lack of professional knowledge available with respect to the tax burden that will fall upon us when RMDs take effect. Most of the information I have found suggests that it isn't a problem. Luckily, this software will be of great benefit to chart our course." J. S. in Louisville, KY
Family Financial Planning Software
A customer comment from the sidebar: "I am a recently retired engineer, and I created a cash flow Excel spreadsheet for 25 years of retirement. So, I fully appreciate the data and potential variances that must be accounted for. Yet, mine is so very simple compared to VeriPlan. I love VeriPlan's concept of total control over inputs and parameters. Veriplan's objectives are very much like mine, but it has many, many more input and control options, and the price is spot on." L. G. in Southbridge, VA
Family Financial Planning Software for Consumers
A customer comment from the sidebar: "I've been using VeriPlan for a few weeks now, and it is everything I was looking for plus a whole lot more of what I didn't even know I needed. By simply switching VeriPlan to a state that does not have a state income tax, I can see how much I could save on traditional IRA distributions in retirement by moving to a state without income taxes. It is a real education in personal finance, and I think just about everyone would benefit from using this tool." T. H. in Silicon Valley CA
Financial Planning and Retirement Software for Home Use
You can also use VeriPlan’s home buying calculator tool, if you already own your primary residence – with or without a mortgage – and you want to purchase another home at some point in the future. VeriPlan will automatically combine the financial effects associated with the home that you already own and the home that you plan to purchase in the future.
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See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
See a complete list of VeriPlan's features and capabilities
