PreSense is a program developed for the home owners to calculate the mortgage and amortization. This is a famous tool especially for the prospective owners so that they can get the information to budget out their finances as per requirement. The tool has a very attractive and simple graphical user interface which allows the user to interact efficiently even who is not the expert computer user. This also helps the user to calculate the loan payoff time after putting the required figures e.g. down payment and borrowing amount. There is a feature also which helps you to determine the present and the future value of the property.