Mortgage Calculator - Extra payment + Amortization
By Mobile Innovations LLC
Open iTunes to buy and download apps.
Wow! Amazing! What it saves with an affordable extra payment every month?
This professional Mortgage Loan Calculator is a powerful, fast and easy-to-use iPhone App perfect for Home Buyers, Home owners, Brokers and Realtors.
The Extra Payment Option Feature allows the buyer or the owner to make wise decisions on their monthly payments.You can send email with loan information and amortization schedule with CSV and html attachments.
** Payment Calculations
The user friendly interface allows you to enter the property cost, interest rate, the term of the loan desired (years and months) with all adjustments including down payment ,taxes and insurance and generates following calculations.
- Total Interest Paid
- Total Amount paid
- Monthly payment
** Extra payment option
You can simulate how an additional monthly payment will help you pay off your loan early and save money in interest.
** Amortization Schedule
Amortization table shows you complete payment schedule break downs into the principal, interest and the remaining balance .
** Save Loans for future reference and comparison
You can save any number of loans for future reference and comparison. All information is automatically saved when you make changes to the loan.
** HTML/CSV file generation for sharing
This app generates well formatted HTML and CSV amortization tables for sending email attachments .
** Passcode protection
Protects your saved loans with passcode
What's New in Version 1.7
Optimized for iPhone5/iOS6
Just downloaded this app. Immediately calculated alternative payment scenarios. Easy to use. So far, no ads coming at me. This is the first app like this that allows me to control the numbers. I've downloaded and deleted other mortgage apps that are advert. fronts. Not so here.
Great for auto loans
Great app and it doesn't put restrictions on the values you can enter so I'm able to use it to understand rates and payment options on a car loan as well.
Used it for about 2 seconds
Used it for about 2 seconds before I found out it only lets you enter months, not years and won't let you do a 360 month loan. Also won't let you do reverse calculation ie enter a payment you want and have it figure out the terms.
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- Category: Finance
- Updated: Jan 08, 2013
- Version: 1.7
- Size: 8.5 MB
- Language: English
- Seller: Mobile Innovations LLC
- © Mobile Innovations LLC
Compatibility: Requires iOS 5.0 or later. Compatible with iPhone, iPad, and iPod touch. This app is optimized for iPhone 5.