Information
English (United States)
Description
This application calculates the monthly mortgage payment based on the loan amount, term and interest rate. It can handle additional inputs like extra monthly payments and other monthly/annual expenses. It will also show the amortization schedule and has a payment summary page. It also has pie chart that will show the total payments and bar charts that will show the principal remaining and the cumulative interest during the course of the loan term. It has several options for compounding period, payment frequency for calculations. Users can email the payment summary, amortization schedule and can export to an excel file. The app has built in help. Though the user interface text is English only the numbers, date and currency formats are displayed using the current region. The app displays current mortgage rates across US.
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Reviews
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Great app needs additional features to make it better by George
Please give us the option to get yearly totals as part of the amortization schedule. For example, at the end of 2017 have the totals for the principal, interest etc. This is very useful for the end of the year tax return preparation etc. Thanks for a great software. Also the option to print would be great too.
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by Player594808192
Pretty straightforward app and easy to use. Unfortunately I'm about to uninstall it bc I need a way to put in variable extra payment and this app lacks this feature
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by Gaschmookus
I looked at 4 or so mortgage apps. I needed one that calculated effects of extra small principal payments since we refinanced and decided to put the savings into that. Shockingly most mortgage apps don't have this feature. Kudos to this one. Needs more polish and a better app icon. Occasional hang. So 4 stars. Good job though. Would like to see ability to save various scenarios. Samsung Focus.
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by Player166301886
Would be perfect if no ad.
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Exactly what I was looking for by Al
Layout is intuitive and app has great ease of use.
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by Venkateswara
Very useful.