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Mortgage & Loan Calculator

Mortgage & Loan Calculator
  • #: 170549
  • Price: free ($0.00) In Apple Store
  • Category: Finance
  • Updated: 2011-02-26
  • Current Version: 3.0
  • 3.0 (iOS 4.0 Tested)
  • Size: 1.80 MB
  • Language: English
  • Seller: Aaero Byte Software Inc.
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.0 or later
  • © Aaero Byte Software Inc.
  •  Add to Favorite apps

 

Description

Getting a new or refinancing an existing loan? Buying a home or investing in rental property? Switching from renting to owning? Paying down a credit card debt?

Don’t like colors in finance apps?

Save thousands by making smarter loan decisions! Mortgage & Loan Calculator from Aaero Byte Software Inc. helps you make smarter mortgage decisions. Explore “what-if” scenarios for your loans within seconds with just few taps and flicks. For example, find out:

- What would be my monthly payment for a $300K home with $15K down payment?

- How much mortgage insurance would I pay for FHA loan with each payment?

- How much mortgage can I carry for the $1, 000 rent that I am paying today?

- How much mortgage do I qualify for with $80K/year job?

- How much interest am I paying with each payment?

- What would be my tax credit on the interest from each payment?

FEATURES:

+ Customization of the background colors in the app (e.g. prefer blue, red, or green?)

+ Figuring out mortgage or loan payment amount for Australia, Canada, Ireland, Hong Kong, New Zealand, Singapore, U.K., and U.S.

+ Auto calculated (no need to specify rate) Mortgage Insurance Payment for:

+ U.S. HUD’s FHA Conventional, HECM, and HOPE loans

+ Canada CMHC loans

+ Hong Kong Mortgage Corporation loans

+ Can specify own loan insurance rate for private up-front or annual payment type

+ Figuring out tax credits for each mortgage payment

+ Supported Payment many periods (e.g. Weekly, Bi-Weekly, Bi-Monthly, Monthly)

+ Full amortization table with interest, paid-off principal, remaining balance, loan insurance, and tax credits for each payment period

+ Email loan amortization table to family, friends, business partners or customers

+ Figuring out max loan amount allowed for a given payment amount and frequency

+ Figuring out maximum loan amount allowed for a given annual income

+ Prepayments with your choice of how often (e.g. Quarterly, Annually)

+ Amortization period with years and months (e.g. 21 Yrs and 6 months)

+ Uses local currency

+ Landscape mode for browsing amortization table (can be turned-off)

+ Quick & easy to change any of the conditions (e.g. payment type, amortization period)

+ easy access from the app to posted mortgage rates by major banks to help you make your analysis more accurate

+ single tap access to mortgage calculation & analysis HOW TOs

If you are looking for more advanced analysis and flexibility check out our Real Estate Property Evaluator Pro (search for “AaeroByte” in the App Store). In it you can do much more what-if scenarios, enter exact figures up to eight decimal places, much higher amounts, and export amortization table results to a spreadsheet.

http://www.aaerobyte.com

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The information may be outdated (2011-04-21 11:42:51). For actual information go to iTunes

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