If you have ever been a home buyer or seller you will know how difficult it can be to get everything right. Not only do you have all the pressures of finding a home but you have the task of organizing everything related to the move – moving company, relocation of utilities and if you have children then there are even more obstacles and challenges ahead of you.

Aside from all of those things, even when you find your ideal house you have the logistical nightmare of all the fee calculations, mortgage figures, purchase requirements and so on. With everything else that comes with the home move calculating all of these costs and figures can just bit a little bit too much to deal with.

As with any area of life computers are always there to help and in this particular scenario all of the calculations that seem like such hard work to the average person would be child’s play for a computer or other smart device. Due to this fact, its a great opportunity to let technology do the work for you and this principal can also be used in many other areas of life.

LOTI: Closing Cost Calculator

LOTI is a fantastic example of where modern technology can make a seemingly unrelated task much easier to bear. LOTI comes in the form of a smart phone app that is available for both iOS and Android and has been developed by Georgia Title, Atlanta based closing attorneys.

The concept behind the app is to make those calculations seamless and stress free. The apps are completely free and will take care of every aspect of the closing process and after a few simple steps to get the information into the app it will show you the closing price down to the nearest penny and will also break this down to include all of the taxes, insurance premiums and other costs that go along with it.

Using the App is very easy. Once it has been installed on your smart phone, launch the app and then all you have to do is enter the mortgage loan amount that the bank has given you, enter the sale price of the house you are purchasing and then click on “Get My GFE”. It really is as simple as that. You will then be presented with all of the figures as above.

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If you would like some more information on exactly how the app works and to see for yourself how easy it is to use, there is a cool video that has been published on Youtube and provides a walk through of the app showing you exactly how to get the figures out that you need.

If you are based in Georgia, USA and are in the process of buying a new home then please browse to the app or android stores from your smart phone and download this app today – it really will save you time and headache and take out one of the stresses from your home move because lets face it, moving home is stressful enough without having the act as mathematician whilst trying to juggle all of the other home move logistics.