Mortgage Calculator Pro!
By Jean Shilinski
Open iTunes to buy and download apps.
This is a handy tool for anyone that is in the market for a home, or wants to see exactly what principle vs. interest in their current loan.
Just enter some information about your potential home and with one click see what your loan will cost you per month.
This app has already been useful to myself while out with my Realtor, you can calculate a mortgage no matter where you are.
Besides having a much nicer interface, unlike other versions out there this app also accounts for PMI (mortgage insurance if you put down less than 20%) and lets you see the amortization of the loan (a break-down of where the money is going month-to-month). It also accounts for your current locale for all currency formatting - so it will work anywhere in the world!
I hope you enjoy it! (And if you want to see anything added to the app don't hesitate to send an email - I'd love to add in any features that could be useful)
I would have given this ***** if
I would have been able to enter the down payment in a % format. As a Realtor I don't want to have to figure out what 3.5% of 270k is in my head on the fly! I don't want to have to open a separate app to do that math , then enter that in the field. Otherwise it is quick, down & dirty & simple. Most of the mortgage calc apps I found did not take into account Taxes & insurance as a monthly expense, yours did, so I bought it! ALl in all good job! Give me that % as an update & I will send you a 5 * rating!
Useful when I did my own buying process. Need to overestimate your insurance & taxes when you use this to get a true estimate of the monthly payment, but that's simple to program. Easy to use on the fly. Recommended!
If only you would add a "monthly rent" and "annual return" to that calculator, you would have a buyer's dream application. Even without it, I give you A+++
- Category: Utilities
- Released: Feb 11, 2009
- Version: 1.0.0
- Size: 0.2 MB
- Language: English
- Seller: Jean Shilinski
- © 2009 Devare
Compatibility: Requires iOS 2.0 or later. Compatible with iPhone, iPad, and iPod touch.