New Paragon Calculators 2014” Guide Here!

New Paragon Financial Calculators
Black Knight is pleased to present a new line of financial calculators. The new calculators utilize responsive design which
allows them to be viewed on any size screen and orientation. In addition to the responsive design, each calculator
includes slider controls for data entry, collapse/display controls, graphs, data descriptions in interactive hover displays,
definitions of terms and each calculator generally has
fewer inputs making them much easier to use.
The number of calculators has been increased from 20
to 25 with two more custom calculators in the works to
replace previous calculators that were not available
from the new vendor.
In many cases, the replacement calculators provide the
same or similar features as the previous calculators
and in most cases, additional features. There are
several that were dropped due to minimal usage (less
than 1% usage). If your favorite was among the
dropped calculators, we apologize for any
inconvenience but we’re sure you’ll ultimately find
greater functionality in the replacements.
The calculator results can be printed. We are currently
exploring the ability to include the calculators in the
emailed report viewer and Client Connect—but this
will be future functionality.
The following two calculators are being custom-built to
meet the functionality of two from the previous set
and will be released when they are completed.
Promoting these to production will not require a code
release.

Seller Net Proceeds, which will replace the
previous “Net Proceeds” calculator and

Buyer Cost Estimate, which will replace the
“Buyer’s Cost” calculator
The following pages include a brief description and screenshot of each new calculator.
Page 1
Calculator Table of Contents
15 Yr vs. 30 Yr ...................................................................................................................................................................3
Adjustable Rate Amortizer ................................................................................................................................................4
Affordability ......................................................................................................................................................................5
APR Calculator ..................................................................................................................................................................6
ARM vs. Fixed Rate ...........................................................................................................................................................7
Balloon Mortgages ............................................................................................................................................................8
Bi-weekly Payments ..........................................................................................................................................................9
Blended Rate ..................................................................................................................................................................10
FHA Qualifier ..................................................................................................................................................................11
Financial Amortizer .........................................................................................................................................................12
Financial Amortizer (PITI) ................................................................................................................................................13
Interest Only ARM ..........................................................................................................................................................14
Interest Only Payments ...................................................................................................................................................15
Interest Only vs. Fixed Rate .............................................................................................................................................16
Loan Compare.................................................................................................................................................................17
Points Amortizer .............................................................................................................................................................18
Refinance Interest Savings ..............................................................................................................................................19
Refinancing .....................................................................................................................................................................20
Required Income.............................................................................................................................................................21
Tax Savings .....................................................................................................................................................................22
Buyer Qualify ..................................................................................................................................................................23
Buying vs. Renting...........................................................................................................................................................24
Loan Amortizer ...............................................................................................................................................................25
Page 2
15 Yr vs. 30 Yr
Displays a side-by-side comparison of a 15 year and a 30 year mortgage
Page 3
Adjustable Rate Amortizer
Calculates the payments for an Adjustable Rate Mortgage
Page 4
Affordability
Calculates the maximum mortgage based on monthly income and expenses
Page 5
APR Calculator
Determines the Annual Precentage Rate based on Loan and Closing Costs
Page 6
ARM vs. Fixed Rate
Side-by-side comparison of an Adjustable Rate Mortgage with a standard Fixed Rate Mortgage
Page 7
Balloon Mortgages
Displays an annual or monthly amortization table of a Balloon Mortgage with monthly, yearly or single prepayments
Page 8
Bi-weekly Payments
Displays the mortgage savings based on an accelerated bi-weekly mortgage payment
Page 9
Blended Rate
Calculates the effective or blended interest rate when a first and second mortgage is used
Page 10
FHA Qualifier
Determines the minimum downpayment and maximum FHA mortgage allowed for a home purchase
Page 11
Financial Amortizer
Mortgage Loan calculator that displays an estimated amortization schedule to include prepayments
Page 12
Financial Amortizer (PITI)
This Mortgage Calculator displays both Principal + Interest AND Principal + Interest + Insurance + property tax
Page 13
Interest Only ARM
Displays the total payments of an Interest Only Adjustable Rate Mortgage
Page 14
Interest Only Payments
Generates a monthly or yearly amortization schedule for an interest-only mortgage
Page 15
Interest Only vs. Fixed Rate
Displays a side-by-side comparison of a Fixed Rate Mortgage against an Interest Only Mortgage
Page 16
Loan Compare
Compare up to three disparate loans to determine the best value and monthly payments
Page 17
Points Amortizer
Helps determine if a homebuyer should pay points to reduce the interest or use the money to increase down payment
Page 18
Refinance Interest Savings
Helps determine if refinancing will save money. Displays comparison of current and new mortgage payments.
Page 19
Refinancing
This Mortgage Calculator helps determine the break even point of refinancing
Page 20
Required Income
Similar to the Affordability calculator except this one determines the required income vs total mortgage
Page 21
Tax Savings
Calculates how much a home buyer can save in income taxes based on the mortgage interest
Page 22
Buyer Qualify
Helps buyer determine how much they can borrow based on monthly budget expenses
Page 23
Buying vs. Renting
Compares rent vs mortgage over time and displays a break even to help deteremine which is best
Page 24
Loan Amortizer
Simple calculator that determines Payment or Loan Amount and displays results with amortization schedule
Page 25