Mortgage Calculator for iPhone
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Mortgage calculator with
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Product Description

The most professional, fast, comprehensive and easy to use mortgage
calculator application for your iPhone. Whether you are an experienced
broker, or a first time home hunter, this application will solve your need.
Calculations are done in as-fast-as-you-type fashion where every newly
typed digit refreshes the form and suggestive values guide you through
the process. Whether you want to calculate monthly payment based on
the loan amount or the loan you can get based on the monthly payment
you can afford, just type in the values you know and we will calculate the
rest.

You can enter down payment and tax in either percentage or absolute
value and we will calculate the other. Then we will remember your
preference and continue calculating based on it until you change it.

As soon as you finish with your input, we hide the keyboard to give you a
quick look of the complete form data. You want to E-Mail the form after
you are done, just hit the envelope icon.

To see a full term amortization table with monthly split by interest and
principal and yearly summaries, hit the Table button. This gives a great
perspective on the loan life-cycle and may suggest ways to optimize your
loan parameters.

As an industry first, we added Private Mortgage Insurance (PMI) in the
calculations. You enter the percentage of the PMI and we calculate the
monthly payment and total number of payment you will need to make until
you gain 20% equity and you no longer need to make PMI payment. Tap on
the monthly payment label to toggle between show/hide PMI in the total
monthly payment.

Features

  • Calculate monthly payment based on loan amount or the loan you
    can get based on the monthly payment you can afford;
  • As-fast-as-you-type calculations;
  • USA & Canadian calculations supported;
  • Monthly and Bi-weekly accelerated payment calculated;
  • PMI support;
  • Send your quote via E-Mail;
  • Full loan term amortization table;
  • Preserve form data between application restarts;
  • Shake to clear the form;222