Eastern Union’s Mortgage Calcu

4.6
78 reviews
5K+
Downloads
Content rating
Everyone
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About this app

The popular Eastern Union App has been upgraded and now offers a bevy of proprietary underwriting features which are unavailable anywhere else.

This mobile-based platform features eCALC -- a free financial engineering software tool -- designed for on-the-go use or while working remotely.

Buyers, lenders, and brokers can use eCALC to fully underwrite transactions. From running financial modules, to performing deep-dives of potential risk scenarios, to swiftly underwriting every process of a real estate transaction -- the innovative e-CALC feature does it all in the palm of your hand.

Why make the underwriting process overly complex with multiple spreadsheets or intricate algorithms, when you can use an easy-to-use tool that does it all? The eCALC can underwrite an entire deal in less than 4 minutes and provides real-time data to help you make on-the-spot decisions.

- Calculate Cap Rates
- Determine Blended-Mortgage Payments
- Calculate First Year Cash On Cash
- Compute Internal Rate Of Return (IRR) & Equity Multipliers
- Analyze Equity Waterfall On Deals
- Show Equity Splits Between Partners

Eastern Union is the very first company to provide an in-depth lineup of calculator resources, all available for free within eCALC, that extends across every transaction's entire life cycle. The company leveraged its knowledge of the CRE marketplace to develop an app that crunches the hard numbers -- without requiring costly software programs or back office teams to obtain valuable data.

The Eastern Union App proves to be a CRE toolkit must-have, allowing professionals from all backgrounds to fully value and underwrite deals easily, accurately, and instantly.
Updated on
Sep 10, 2020

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4.6
78 reviews
Yosef Farca
July 17, 2020
Definetly one of the most useful apps I have on my phone. When I log in with my Eastern Union email I get connected to all my contacts, leads, and notes so that I can work from my mobile phone. As anyone who has used the app with tell you, the Ecalc feature is incredible, being able to underwrite a deal in just a few minutes, from relatively easy to complex calculations. The app also has a rate sheet that is very useful. Everything I need to work from my mobile phone is at the tip of my fingers.
3 people found this review helpful
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A Google user
April 1, 2020
The Eastern Union App is one of the best Apps I've ever used. It is not only a game changer for borrowers, but bankers as well. It is really a one stop app for calculating deal/loan metrics, having a better understanding of where interest rates are, and learning more about real estate.
3 people found this review helpful
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Daniel Fialkoff
July 20, 2020
This app is comprehensive, free and easy to navigate. However, not all features are intuitive
1 person found this review helpful
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What's new

Ability to Export and Share eCalc
General Improvements