RECalc is a free ad-supported version of RECalc Pro, a Real Estate Mortgage Loan Calculator that is also a traditional Mathematical Calculator.
You can use RECalc to calculate the Monthly Payment, Term, Interest Rate or Loan Amount for a loan, as well as standard mathematical calculations as you would in any other calculator. Once you modify any of the Calculation variables you can re-calculate any of the other values.
RECalc supports semi-annual compounding (Canadian Amortization) in addition to normal monthly compounding. With a click, you can display the complete Loan Summary and Amortization Table for your calculation. You can also email this to your desktop or save the loan for future use.
Whether you're a real estate professional, mortgage broker, first time home buyer or looking to refinance, you can have RECalc easily accessible on your iPhone or iPod touch.
• iOS 13 and dark mode support
Ratings and ReviewsSee All
Need to update info in “About RECalc”
“About RECalc” info in “Settings” needs be updated. Current version is 3.0.3, but info is for ver. 3.0.2
Just downloaded and playing with to learn how to use. Seems Good+ so far for my needs. Will update Review Rating when they do. FYI, to the reviewers that had problems using it, there are basic instructions at the bottom of the page in the “About RECalc” section.
Simple to use and accurate. Can show client immediate results.
This app has been so easy to use and it provides exactly what I need without having to get my computer going or making a phone call to a mortgage person.
Great, but no way to calculate additional payments
Once I figured out how to use it, it seemed to do the trick. Unfortunately, I want to see what the amortization schedule and saved interest look like in different scenarios if I pay over. I wanted this app to be “the one” since my mortgage holder doesn’t provide this feature in their app. So close to what I was looking for!
With Family Sharing set up, up to six family members can use this app.