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Simple Mortgage Calculator

Mortgage Calculator uses monthly compound rate for VARIABLE rate calculation, semi-annual compound rate for FIXED rate calculation. It is perfectly match the needs of Canadian Home Buyer. For other countries, using monthly compound rate, such as U.S., please choose VARIABLE rate for calculation.

* INPUTThe INPUT tab provides a quick and simple way to calculate your mortgage payment, first 5 years interest, and total interest paid at the end of term.


* DETAILThe DETAIL tab let you browse through your mortgage annual payment summary and every single payment detail. It also let you export the details to a CSV file and send it to anyone or share it in the cloud.


* CHARTThe pie chart provides a visual representation of the percentage of total interest and principal paid at the end of term. The XY-axis chart represents how interest and principal composition change in the payment from beginning to the end of mortgage term.


* REVERSEThere are four major factors in mortgage calculation: Mortgage Value, Amortization, Rate, and Payment. REVERSE tab provide a calculate option of any factor when you give the other three.

Simple Mortgage Calculator is 100% free and ads free.

Category : Finance

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Reviews (30)

Eth. K. Jun 25, 2019     

this is actually the best mortgage calculator out there. Simple and works well.

Nic. L. Jun 15, 2020     

Doesn't include propery tax, hoa or anything extra. But a clear picture.

Agu. G. Nov 7, 2020     

Great and simple. No ads end do the job

Kwa. F. S. Oct 17, 2020     

Intuitive and easy to use.

Vit. N. Jan 16, 2019     

Great work. Doing exactly what's needed!

A. G. u. Oct 15, 2018     

Great app. Top marks to the developers.

JM. Feb 23, 2020     

Doesnt work on note 10. Figures stuck to 20year term

Kar. R. Jun 24, 2019     

has plenty of room for improvement

Ham. M. Jan 9, 2020     

Just what you need to get the figures.

Cla. L. Jul 30, 2019     

does the job

A. G. u. Jan 24, 2017     

Would be good if app breakdown the monthly principal and interest amount. Overall good. For USA, select variable for rate.

Mar. C. Jul 29, 2018     

I got this program to figure out a new mortgage problem is it does not do points I eat such as 4.25 5.50 on interest. The only does single digits so it cannot be very accurate therefore I had to uninstall it and look for something else

Tho. P. Jun 7, 2016     

Was off by $1.01

Mar. P. Apr 18, 2016     

Good app.Accurate and easy to use.

Don. H. Feb 19, 2017     

Always available for easy reference. Handy

sta. y. Sep 8, 2016     

Simple and highly functional

Eri. H. Sep 18, 2016     

100k loan, 30 yrs fixed, 6.0%, p&i should be $599.55, not $594.83.

Joh. D. Jul 27, 2016     

Needs to allow years and months

Ken. L. May 29, 2016     

Excellent! Easy to use.

Mel. H. Oct 24, 2016     

Shouldn't this say "purchase price" on your app with your calculations?

Jas. K. May 18, 2016     

Simple, uncluttered and fast

Che. w. p. Dec 31, 2016     

Easy to use and understand

Mar. T. Mar 19, 2016     

So easy to understand. This is a great app! The best I've seen.

Ton. M. Mar 14, 2016     

The best Mortgage Calculator you should use. It is really awesome tool and useful.

Dio. M. Oct 28, 2015     

Very user friendly and accurate, highly recommend.

Xia. W. Dec 3, 2015     

Easy to use

Var. Mar 3, 2016     

Very helpful and easy to use. Thanks for this app.

Yvo. C. Mar 19, 2015     

very easy to use, tells you how much your payment gonna be and how much u can afford. lots of help to first time new home buyers.

Jin. L. Mar 18, 2015     

very friendly interface, and contains all the functions that i need! BTW: u need to press enter after u fill in a number.

Min. C. Mar 20, 2015     

Consolidate all the features for mortgage calculations, very easy to use and straight forward!