Mortgage - Insurance & Quotes 4+

AMAMINE APPS

Designed for iPad

    • Free

Screenshots

Description

Gain control of the home finance process with the Mortgage - Insurance & Quotes - Home affordability calculator.

Gain control of the home finance process with the Mortgage - Insurance & Quotes - Home affordability calculator.

After entering your data you will be able to:
- Estimate the total and monthly principal and interest mortgage payments over the life of the fixed-rate loan
- See the detailed amortization schedule
- Define if you can qualify for a loan and what house is affordable to you given the gross income, debt-to-income ratio, and other parameters.
- Charts with all payments data

All the mortgage and real estate terms are explained in case you're a first-time homebuyer or new to the subject.

Mortgage calculator

Simply move the sliders of property value, down payment, loan amount, interest rate, loan term, or monthly payment and instantly see the whole picture. All the indicators adjust to the entered values, so you can recalculate any variables and see how they affect other numbers.


Home affordability calculator

Judging by the gross income and current debt payments, the app defines the debt-to-income ratio which lenders consider when deciding on the loan conditions. When you add the information about the amount or percentage of your planned down payment, your interest rates, and the loan term, you can get a clue on what house you can afford and what mortgage you qualify for.

App Privacy

The developer, AMAMINE APPS, 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 Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Usage Data

Data Linked to You

The following data may be collected and linked to your identity:

  • Usage Data

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

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