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Former Caribou founder launches Further, a fintech that’s focused on helping people buy homes
Further is launching a mortgage calculator today with plans to launch more features and capabilities in Q1.
The company’s first product, which goes live Friday, is a calculator that shows what people can afford and what their monthly mortgage payments and closing costs could look like, among other metrics based on real-time interest rates. He started talking to folks who had purchased their home within the last two years and found a lot of common pain points: People didn’t understand the process and were relying on homemade spreadsheets to try to figure out what they could afford. Bennett also had a personal experience: He bought and sold a townhouse in his 20s and was surprised to find out he endured a $30,000 loss, despite selling the home for the original purchase price.
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