Mortgage Calculator™

Mortgage Calculator™

Mortgage Calculator™

By MH Riley Ltd

  • Category: Finance
  • Release Date: 2010-12-18
  • Current Version: 2.7
  • Adult Rating: 4+
  • File Size: 29.75 MB
  • Developer: MH Riley Ltd
  • Compatibility: iOS 8.0+
Score: 4.61
4.61
From 93 Ratings

Description

*** SALE NOW ON - 50% off *** *** Featured in the Sunday Times App List 2012 *** *** Featured as 'What's Hot' by Apple *** 'Mortgage Calculator' has one aim - To SAVE YOU MONEY on your mortgage! If you're buying a house, looking to re-finance, or simply want to make the most of your existing mortgage, then this is the perfect app for you. Try out various 'What-If' scenarios and quickly see how extra payments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off extra payments, at any period during the loan. Then watch the total loan length and cost go down. You may be surprised by just how much! Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year. 5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier." 5-Stars - "...really helped me to compare the different mortgage deals" *** Highlights *** -------------------- Specially designed for the US market: √ See effect of regular or one off Extra Payments √ Variable Rates support √ Calculate the 'True Cost', by including Tax etc √ Takes into account PMI √ Try out various 'What-If' scenarios √ Email a PDF or HTML of the loan details √ Support for ARM 3/1, 5/1, 7/1 mortgages √ Charts allow easy visualisation of the costs √ Make an informed choice by comparing loans √ Backup & Restore via Dropbox √ Passcode protection √ Elegant, simple and powerful user interface *** Quick Calculators *** ----------------------------- Super quick calculators for instant answers: √ How much can you afford to borrow? √ Monthly Payments √ Money Saving Effect of Extra Payments √ Cost of Moving House *** Analyse & Compare *** --------------------------------- Visualise mortgage costs in simple, easy to understand charts: √ Store details of multiple mortgages √ Easily see the costs for each year with a slide of the finger √ Try out various 'What-If' scenarios √ Extra payments can 'Reduce Term' or 'Reduce Payments' √ Include Tax, Insurance, PMI in the payments √ Support for 'Repayment' or 'Interest Only' √ Monthly breakdown of costs (Amortization) √ Compare up to 4 mortgages side by side √ Support for ARM 'Initial Rates' e.g. 4% for 3 years *** Voted #1 Property App - upack.com *** --------------------------------------------------- "The strongest arrow in its quiver is the way it handles hypothetical situations, letting you analyze all manner of mortgage-related queries, such as how much you can afford to borrow, and a variety of other what-if scenarios..." Note that multiple currencies are supported!

Screenshots

Mortgage Calculator™ ScreenshotMortgage Calculator™ ScreenshotMortgage Calculator™ ScreenshotMortgage Calculator™ ScreenshotMortgage Calculator™ Screenshot

Reviews

Basic, but very useful

4
Not a lot of features, but quickly gets to the root of cals needed. I like it for its speed and it remembers my work. Thx.
By LivingAbroad45

Great tool

5
It helps to calculate mortgage loans, and it’s very accurate.
By mmmakkskdk

Great app

5
User friendly, great help to make big decision.
By Sorogi m

Great App

5
I use several of this developer’s apps and they are all feature rich and intuitive. Frequent updates and application support.
By fladtheimpaler

Excellent

5
Better than other apps. Straightforward data entry and gives all accurate calculations that match the bank’s.
By IPG888

Easy to compare options

5
Great tool
By Erp777

Not user friendly

1
I simply want to know what extra payments on my mortgage would do for me, in yearly and monetarily, I inputted everything it asked for + the extra payment and it tells me nothing ! Waste of money ! I don’t want to be a finance major, I want a simple to use calculator that will show me graphically and otherwise what extra payments will do for me, apparently this is Not It !
By Driver 7371

Best app

5
I love this app. I’ve used it for years to model all my loans and review payoff schemes.
By rofl123asdf

Best mortgage App

5
I have been using it for the past 6 years. Extremely useful App. Great tool to borrow, refinance or prepay your home loan. Good job.
By reybako

SauleChicago

5
Great app!
By saule chicago

Comments

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