Mortgage Home Loan Payment Calculator Free
Then use my Mortgage Home Loan Payment Calculator and find out in just a few minutes.
The Mortgage Home Loan Payment Calculator Pro turns you into a negotiator extraordinaire and a well-informed future home-owner when shopping for a house by quickly and easily calculating a monthly loan payment or an affordable purchase price on location with your mobile device.
This app fully supports tablets and phone screens of all sizes.
SAFE - We DO NOT collect any personal information with this app. It only requests the minimum permissions necessary to perform its functions.
The app will also show you the payment schedule for your proposed mortgage. Just enter all of your data, press the Calculate button, and then press the Show Payment Schedule button and it will show you the principal, interest, and principal loan balance for each month of your mortgage.
This app can be moved to the SD card. This is the free version and has ads.
At the start screen, you simply choose what you want to calculate:
1. Monthly and BiWeekly Loan Payment.
2. The Price of a House that you can Buy based on the Monthly Payment that you can Afford.
You then simply enter the required information (e.g., price, interest rate, term of loan), plus any optional information (e.g., Property Tax, Insurance, PMI, HOA dues, etc.), and then press the calculate button.
Two main options are available to the user from the start screen:
Calculate a Monthly and BiWeekly Loan Payment. This option offers allows the user to input all items that a dealer finance manager would input into their system to calculate a monthly loan payment.
A user can enter the following:
1. Property Info (optional)
2. Price of House (required)
3. Closing Costs financed (optional)
4. Down Payment (optional)
5. Interest Rate (required)
6. Term of Loan in years (required)
7. Annual Insurance (optional)
8. Annual Property Tax (optional)
9. HOA dues/fees monthly (optional)
10. PMI (monthly)
11. Misc Annual Expenses (optional)
12. Extra Payment Annual (optional)
The app then calculates the monthly and biweekly loan payment of the car based on the information above. It will also display the total amount financed, the total interest, and the total of payments.
If you enter an extra annual payment (to pay down the principal balance), the app will also determine if and when the load will be paid off early.
Calculate the Affordable Purchase Price of a car based on the monthly loan payment interest rate, term of loan and any other optional information.
A user can enter the following:
1. Property Info (optional)
2. Monthly Payment (required)
3. Closing Costs financed (optional)
4. Down Payment (optional)
5. Interest Rate (required)
6. Term of Loan in years (required)
7. Annual Insurance (optional)
8. Annual Property Tax (optional)
9. HOA dues/fees monthly (optional)
10. PMI (monthly)
11. Misc Annual Expenses (optional)
The app then calculates the affordable purchase price of the car based on the information above. It will also display the total amount financed, the total interest, and the total of payments.
If you want to export the mortgage loan data (i.e., share it via email or text message), then you must buy the Pro version.
Please feel free to email any questions, comments, or suggestions to [email protected].
Category : Finance
Reviews (30)
Very helpful. No problems with it - easy to use.
Helpful and handy for quick calculations
It's great. It makes it easier to provide estimates with the client understanding that it's only an estimate. The lender provides mortgages more accurately.
Simple easy to use. Very user friendly with lots of flexibility to adjust for different scenarios. Like it, like it...
Oh my gosh... its perfect You'll search and search and never find another as good - seriously
I love having this calculator on my phone. it's easy to use when you are talking to customers and you only need 1 device not 2. I love it.
Everything needed to calculate full mo payment
I don't understand why this app wants me to pay for P & I. I've bought homes before and never heard of this insurance before today. PMI yes, P&I is maritime insurance. I'm not buying a boat or anywhere near a body of water. How do I remove this from the calculations?
Easy to use when you need it. It has everything you need to calculate your mortgage payments. I only had use it for that. Great job
Can't believe how bad all these mortgage calculators are. Not one let's you determine the mortgage term from the repayments. They don't even let you change the repayments frequency from monthly to fortnightly
I only have this app a short time, but I have used it several times. It seems to work fine, and it's pretty simple and easy to use. I hope this helps.
I really liked this app, but suddenly whatever I put in for loan amount, the payment was always the same
basic funtional eady to use financial calculator, especially for the less financially inclined.
Works Great simple and straightforward to use.
Great app. Hardly any ads. Easy to use.
I'm still evaluating usage. But, so far so good. It's a quick option to getting estimates on the go.
Very useful calculations. Can be a help to anyone involved in the home lending process.
I use this app every time I'm comparing properties for sale.
Very easy to navigate and understand.
Super easy to use and understand.
best mortgage calculator by far. does what you need it for.
Exceptional app and very easy to use
Easy and practical
Excellent tool for anyone purchasing property
Very useful for house hunting searchers to know your payment on any house
Easy to use, plenty of options.
very user friendly . A great app to use
Easy. Precise. Really helped with some big decisions
Need to work on including extra payment in monthly mortgage total.
This app came in very handy when I was shopping around to refi my home mortgage. I was able to enter all the necessary info and calculate a manageable monthly payment with lenders I was interested in. Kudos for creating a great app "to do the math!"