Simple and complete mortgage calculator.
An iTunes "New and Noteworthy" and a "What's Hot" Finance application.

Includes tables with monthly payments, additional charges, tax deductions.

- 40, 30, 20, 15, 10 year fixed mortgages;
- ARM and ARM Interest Only mortgages.
- All other terms from 360 months down to 1 month available.
- Includes closing costs and amount due at closing;
- Total monthly costs on the house - include insurance, taxes and other fees.
- Tax Benefits from purchasing - see the before and after tax cost of owning the house.
- Includes Private Mortgage Insurance impact
- Extensive glossary of key terms
- Email all results

What’s New

Version 4.3

Show monthly payments with points rolled into the financing. Compare with points paid up front, and points financed.

Ratings and Reviews

5.0 out of 5
1 Rating

1 Rating

thinkmega ,

Comprehensive and educational mortgage app

I believe this is an upgraded version of a previous app from the same developer. It is a very complete home mortgage calculator, it supports all currently popular loan types including 15/30 year FRM (fixed rate mortgage), 1/1, 3/1, 5/1, 7/1, 10/1 ARM (adjustable rate mortgage) and even IOs (interest only).

The main calculator screen is clean and easy to use. Additional tabs accept more advanced parameters such as house price, property tax %, income tax %, insurance, closing cost, home price appreciation rate, ARM initial/periodic/life cap, etc. It even projects future ARM mortgage rates based on the interest rate curve determined by daily treasury bond trading activities.

Various time tables list out future payments, amortization schedule, estimated tax savings, and equity in house. The Buy vs. Rent table is quite unique, it tells me the monthly rental equivalent after considering tax savings each year.

The Glossary is educational and easy to read. I work in mortgage industry, friends often consult me when applying for a loan, most of what I explain to them can be found in this app.

rain or shine 2014 ,

Elegant Simplicity

Easily change loan duration, interest rate to get monthly payment. It is not complicated and does not answer "what can I afford? question. But it serves its narrow purpose well (and has nice monthly chart on principal / interest payments). Worth $1.99? Absolutely.

Dfresh2 ,

Bad functionality

Nifty interface, but all data is manual... No way to assume downpayment as a percentage of purchase price... No way to compare 15yr to 30yr mortgage options... It would at the very least be helpful to automatically check today's mortgage rates and automatically include them. This app doesn't make my life easier because I still have to check my assumptions independently and keep a calculator on the side for common, simple functions like 20% down. Taxes can't be entered as percentage... Boo.

App Privacy

The developer, Eamonn and Ian llc, has not provided details about its privacy practices and handling of data to Apple.

No Details Provided

The developer will be required to provide privacy details when they submit their next app update.


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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