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Description

Calculate mortgage payments given principal, interest and term. Reverse calculate any one variable given the other three.

Enter a down payment amount or percentage and let the calculator show how large a mortgage you require.

See how the monthly payment changes when you factor in additional monthly or annual loan costs such as PMI, HOA, taxes and insurance.

The calculator supports Fixed and Adjustable Rate Mortgages (ARM) loans with up to five changes in interest rates. Interest-only mortgages loans are also supported.

You can pay off your mortgage early with extra payments. Add one-off, monthly and annual extra payments. Choose up to ten additional extra payment amounts and payment periods and the calculator will show how much money you can save on the loan.

Choose from weekly to annual loan payments and adjust the compounding period from daily through annual periods. The calculator supports Canadian mortgages along with UK annual rest mortgages.

Multiple rounding options on loan calculations are also available. Choose between no rounding, round half up, half down, to even, to ceiling and to floor.

The calculator also supports the input and display of multiple currencies.

iOS Store Category:

Primary: Finance

Secondary: Business

App Store

Total Ratings

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Screenshots

Karl's Mortgage Calculator screenshot 1Karl's Mortgage Calculator screenshot 2Karl's Mortgage Calculator screenshot 3Karl's Mortgage Calculator screenshot 4Karl's Mortgage Calculator screenshot 5

Version History

Launched Dec 04, 2015 (almost 5 years ago).

Releasing new versions every 8 months, on average.

Nov 16
2017
(Current)
Version 2.2

2.2
- USDA loans
- new FICO ranges and MGIC rates
- updated CMHC rates
- show total/LTV in tables
- highlight current date in tables
- more currencies added
- bug fixes

May 23
2017
Version 2.1

Email report
Balloon loans
Bug fixes

Feb 12
2017
Version 2.0

Better handling of saved data between sessions
Load and save multiple loans
Bug fixes

Dec 04
2015
Version 1.0

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