
TLCengine - True Lifestyle Cost (TLC)
Real Time Total Monthly Cost of home ownership for your Lifestyle
About
TLCengine helps solve real problems for real people. Mortgages account for only 50% of the actual cost of home ownership, so where is the rest of it? That is what TLCengine solves for. We enable real-time solutions for home buyers and real estate agents by incorporating our patent-pending TLC (True Lifestyle Cost) search algorithm into the home-buying process which give the actual total monthly cost of living in a any home. A recent Center for Housing Policy (CHP) report stated that for the typical middle-income homeowner carrying a mortgage, combined housing and transportation expenses consume an average of 72% of income. If that homeowner is in the 25% federal income tax bracket, that leaves only 3% of gross income for all remaining expenses. The TLC search engine takes into account these variables (mortgage payments, taxes, utilities, transportation costs, etc.) and customer lifestyle preferences to empower the potential homebuyer with actionable buying decisions.