The Bank of Montreal (BMO) has unveiled a new app that will help people that are thinking about buying a new home decide if it’s the right decision for them. The app is called BMO Marketplace App and has several tools and calculators that are useful for homebuyers. The app is able to create all sorts of calculations for home ownership costs, forecasts mortgage expenses, and creates a homebuyer checklist.
The app also offers buyers access to the BMO online hub that has expert advice from BMO mortgage specialists and guest bloggers. Using the app while home shopping will allow the user to create custom profiles for each home they visit with photos, notes and other items. The value of the homes can be compared based on checklists to help the buyer narrow selections.
The app also offers an interactive mortgage calculator to show what costs are when making a buying decision. The charts and profiles can be emailed for assistance by a pro as well. The app sounds pretty cool and even if you aren’t banking with BMO, it would help you make a better buying decision.
