Homeowners and Renters can determine their best options with updated
software Mortgage Analyzer

BOUNTIFUL, UTAH -- May 2, 1994 -- Insight Software Solutions today
announced the release of The Mortgage Analyzer version 2.0, a financial
software package for the IBM PC. It allows for home qualification
analysis, buy versus rent analysis, lease versus sell analysis, mortgage
comparisons, loan acceleration, refinancing analysis, loan schedules and
more.

"In 1991, over 4 million new and existing homes were sold. For most people,
buying a home will be their single largest expenditure in their life. The
financial decisions behind the home buying process can now be easier and
interest savings can be realized by use of The Mortgage Analyzer software
package." said Michael D. Jones, President of Insight Software Solutions.

New features include the ability to help you determine whether you should
buy a house or rent or whether you should sell your house or lease it.
Calculation of mortgage insurance, FHA and VA fees are now automatic
allowing easy comparison between different mortgage types. You may now
calculate your maximum qualification amount in addition to seeing if you
qualify for a particular house. Better support of ARMs (adjustable rate
mortgages) is now available including margins and caps and an easy-to-use
method for selecting worst case, middle ground or any type of movement in
interest rates. Now compare the worst case ARM condition against a fixed
rate loan.

Loan acceleration options have been significantly enhanced. Now you can
specify the month to start the extra payments and the month to stop. This
ability provides easier access with existing mortgages. You may now add an
additional extra payment on top of several predefined plans such
bi-weekly, double principal payments and growing equity payments. Do you
want to pay your mortgage off in 10 years? Now you can search for the
extra payment you need to do just that.

Other features include tax savings analysis, refinancing, a solve for
missing loan value calculator, points calculator, daily interest
calculator and an FHA down payment calculator.

Professional reports and schedules can be viewed on screen, printed or sent
to an ASCII file. Schedules can be printed either on a yearly or monthly
basis, a calendar or fiscal year basis, using cumulative or non cumulative
values and using whole dollars or exact cents. All information can be
saved and retrieved for multiple clients or scenarios.

The Mortgage Analyzer is "unusually well-done" and "easy to use, very quick
and well documented" said Peter G. Miller, author of The Common-Sense
Mortgage and Real Estate Host for America Online. "Two mortgages can be
compared side by side, a great feature."

The product is designed for the homeowner, buyer or seller. A professional
version of The Mortgage Analyzer is also now available. It adds the
ability to maintain fifteen customizable loan plans, customize the loan
qualification ratios, customize mortgage insurance defaults for
conventional, FHA and VA loans, compare three loans at once, create HUD-1
good faith closing estimates and allows for footnotes among other items.
Interested professionals include accountants, lawyers, financial planners
and real estate agents and brokers.

The Mortgage Analyzer can be run on any IBM PC compatible computer with
512K of memory using DOS 2.0 or greater. A hard disk is required along
with a printer capable of printing in a condensed mode.

The price of The Mortgage Analyzer is $30.00 and the Professional Version
is $50.00. Both may be obtained from Insight Software Solutions, P.O. Box
354, Bountiful, UT 84011-0354, Tel: (801) 295-1890, Fax: (801) 299-1781.
Site licenses are available.

Founded in 1990, Insight Software Solutions is a producer of financial
software packages designed for the professional and the average user. The
company provides easy-to-use and feature-rich software at a reasonable
price.

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