With Mortgage iCalculator, you can quickly and easily figure out how much that new house will cost or figure out how much you can save by refinancing
Mortgage iCalculator
What is it about?
With Mortgage iCalculator, you can quickly and easily figure out how much that new house will cost or figure out how much you can save by refinancing. If you know the purchase price, interest rate and down payment amount, you can use Mortgage iCalculator to calculate your payment and amortization schedule. It will also give you a break down of the total cost of your mortgage.
App Screenshots
App Store Description
With Mortgage iCalculator, you can quickly and easily figure out how much that new house will cost or figure out how much you can save by refinancing. If you know the purchase price, interest rate and down payment amount, you can use Mortgage iCalculator to calculate your payment and amortization schedule. It will also give you a break down of the total cost of your mortgage.
Use the compare loans option to see the differences between two sets of loans. You also can input a credit rating and have the calculator estimate your PMI % based on your LTV & credit rating.
If you are an investor, you can use the simple rental income calculator to figure out if that house will make you money or not. You can use the built in cushion with the rental income calculator to make sure you cover your unforeseen expenses or override it to use your own. Simply fill in the potential rental income and Mortgage iCalculator will do the rest!
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