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
1. Replaced old wood theme with iOS8 default flat look.
2. Fixed crash on amortization schedule
3. Fixed issue with calculations showing negative amount in iOS7/8
4. Other minor bug fixes and enhancements.
Ratings and Reviews
Simple interface - love it
I love looking at real estates, and also have multiple mortgages. While there are plenty of spreadsheet that can do the same function, the app is very convenient and the new interface makes it even easier to use! Love the additional monthly payment option too. Everyone who is looking to shop for a house with a mortgage should have it (instead of listening to the agent up-selling properties...)
The best mortgage calculator app
This is by far the best mortgage calculator app. Clean, easy to use, save multiple loans, no annoying ads. Due to a bug in the previous version, I tried many other apps. None could compare with this one. So happy with version 2.0
It’s ok if it worked properly!
It would be good if it worked. I have 3 mortgages and when I enter an extra principal payment in one house, it changes ALL houses to that same value. Then, when adding an additional principal payment, the total amount to be paid does not change! Lastly, when the phone is used later, ALL of the extra principal amounts default to $100! Buggy to say the least but am happy it is free but, not free of glitches.
- Mobile Innovations LLC
- 4.5 MB
- Requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch.
- Age Rating
- You must be at least 17 years old to download this app.
- Unrestricted Web Access
- © Mobile Innovations LLC
With Family Sharing set up, up to six family members can use this app.