Mortgage Mentor 4+

Calculator With Overpayments

MH Riley Ltd

    • £1.99
    • Offers In-App Purchases

Screenshots

Description

*** SALE NOW ON - 50% off ***

*** Featured in the Sunday Times App List 2012 ***

*** Featured as 'What's Hot' by Apple ***

Mortgage Mentor has one aim - To SAVE YOU MONEY on your mortgage!

If you're buying a house, looking to re-mortgage, or simply want to make the most of your existing mortgage, then this is the perfect app for you.

Try out various 'What-If' scenarios and quickly see how overpayments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off overpayments, at any period during the loan. Then watch the total length and cost go down. You may be surprised by just how much!

Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year.

5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier."

5-Stars - "...really helped me to compare the different mortgage deals"

*** Highlights ***
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Specially designed for the UK market:

√ See effect of regular or one off Overpayments
√ Variable Rates support
√ Include 'Arrangement Fees' in the total payment
√ Full support for fixed 'Initial Rates'
√ Try out various 'What-If' scenarios
√ Email a PDF or HTML of the loan details
√ Charts allow easy visualisation of the costs
√ Make an informed choice by comparing loans
√ Backup & Restore via Dropbox
√ Passcode protection
√ Elegant, simple and powerful user interface

*** Quick Calculators ***
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Super quick calculators for instant answers:

√ How much can you afford to borrow?
√ Monthly Payments
√ Money Saving Effect of Overpayments
√ Cost of Moving House
√ Stamp Duty

*** Analyse & Compare ***
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Visualise mortgage costs in simple, easy to understand charts:

√ Store details of multiple mortgages
√ Easily see the costs for each year with a slide of the finger
√ Try out various 'What-If' scenarios
√ Extra payments can 'Reduce Term' or 'Reduce Payments'
√ Calculate the 'True Cost', by including Fees, Insurance etc.
√ Support for 'Repayment' or 'Interest Only'
√ Monthly breakdown of costs (Amortisation)
√ Compare up to 4 mortgages side by side
√ Support for 'Introductory' mortgage rate

*** Voted #1 Property App - upack.com ***
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"The strongest arrow in its quiver is the way it handles hypothetical situations, letting you analyze all manner of mortgage-related queries, such as how much you can afford to borrow, and a variety of other what-if scenarios..."

Note that multiple currencies are supported!

What’s New

Version 2.8

iOS 15 optimisations
Face ID/Touch ID Support

Ratings and Reviews

4.8 out of 5
119 Ratings

119 Ratings

Wobblywomble ,

Great app for really understanding your mortgage

If you are moving house and trying to work out how much you can offer based on various mortgage scenarios this app is incredible. You can compare different mortgages and see the difference different amounts and interest rates have as well as include overpayments if you want. The difference going from our current mortgage rate of 4.99 to 2.94 over a 10 year fixed period reassured us that it was worth the early repayment charge breaking out of our current deal rather than porting our current mortgage! A true life (style) saver!!!

Tree tinkers ,

Hooray ! ..Years & Months !

So glad i found this App ! Only used it for a couple of weeks .. easy to use.. It does years & months for a more accurate projection. I’m able to compare different rate/overpayment scenarios & have achieved some enlightening results. Various info is shown via easy to read charts, diagrams, and month-by-month lists, eg. showing proportion of payment as capital & interest. Finding the App helpful & informative. Fab.

Developer Response ,

Thank you for your feedback! We are so pleased you are finding the app useful:)

Kirbster2 ,

Keep on top of your mortgage

Great little app which lets you see how you are paying down your mortgage. It's always stable (never crashes) and allows for interest only and repayment types. Easily handles regular and ad hoc over payments (which I make). It handles sub accounts within the mortgage and by playing around with different overpayments you can see how much cash you could save and how much earlier your loan would be paid off. Great app., recommended.

App Privacy

The developer, MH Riley Ltd, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Identifiers
  • Usage Data
  • Diagnostics

Privacy practices may vary based on, for example, the features you use or your age. Learn More

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