59 votes - Finance - First release: 2010-10-15T21:42:36Z
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Description - 17+
Wow! Amazing! What it saves with an affordable extra payment every month?
This professional Mortgage Loan Calculator is a powerful, fast and easy-to-use iPhone App perfect for Home Buyers, Home owners, Brokers and Realtors.
The Extra Payment Option Feature allows the buyer or the owner to make wise decisions on their monthly payments.You can send email with loan information and amortization schedule with CSV and html attachments.
Highlighted Features:
** Payment Calculations
The user friendly interface allows you to enter the property cost, interest rate, the term of the loan desired (years and months) with all adjustments including down payment ,taxes and insurance and generates following calculations.
- Total Interest Paid
- Total Amount paid
- Monthly payment
- Price/sqft
** Extra payment option
You can simulate how an additional monthly payment will help you pay off your loan early and save money in interest.
** Amortization Schedule
Amortization table shows you complete payment schedule break downs into the principal, interest and the remaining balance .
** Save Loans for future reference and comparison
You can save any number of loans for future reference and comparison. All information is automatically saved when you make changes to the loan.
** HTML/CSV file generation for sharing
This app generates well formatted HTML and CSV amortization tables for sending email attachments .
** Passcode protection
Protects your saved loans with passcode