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- Versions
- Price History
- Description
- FAQ
All Versions of Quick Mortgage Comparisons
3.0
February 7, 2022
- Updated to accommodate newer versions of iOS.
- Removed Facebook and Twitter links.
More2.3
December 20, 2018
- Updates to accommodate latest iOS.
- Added a few more audio cues.
2.2
October 15, 2015
- Changes to accommodate iOS 9, mostly font changes.
2.1
July 3, 2015
- Redesigned icon.
- Added links to Facebook and Twitter.
- Updated for iOS 8.
- Updated graphing engine.
- GUI modifications.
- To update existing installation, the older version may first have to be deleted.
More2.0
November 5, 2013
- Major rewrite and redesign for iOS 7.
1.2
June 30, 2013
- Added graphical displays of cumulative total interest and amortization.
- Fixed bug related to adjustable rate mortgage schedule for the last interest rate step.
More1.1
April 29, 2013
- Allow ARM term to be a maximum of 120 months (10 years)
1.0
March 14, 2013
Price History of Quick Mortgage Comparisons
Description of Quick Mortgage Comparisons
Quick Mortgage Comparisons allows comparison between two mortage alternatives. Either alternative may be a fixed-rate mortgage or an adjustable-rate mortgage (ARM).
For a fixed-rate mortgage, you must supply the principal amount of the loan, the term of the loan in months, and an annual interest rate in percent.
An adjustable-rate mortgage has additional conditions: the initial term of the ARM's first interest rate period, the interest rate adjustment that will take effect during each subsequent step defined by the step frequency in months, and lastly the maximum interest rate or cap after applying each of the steps of interest. So, for example, an ARM that has an initial interest rate of 2% per annum, steps of 0.5% each 12 months, and a maximum interest rate of 6% per annum will take 8 years of step increases to go from 2% to 6% annual interest rate.
Naturally, the monthly principal and interest payments required will adjust with each step increase of the ARM.
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Quick Mortgage Comparisons: FAQ
Yes, you can use the Quick Mortgage Comparisons app on iPad devices.
Michael YOUNG is the creator of the Quick Mortgage Comparisons app.
The app needs iOS 12.0 or later to function properly.
There is no information available about user ratings for Quick Mortgage Comparisons.
The App Genre Of The Quick Mortgage Comparisons App Is Finance.
The latest version of the Quick Mortgage Comparisons app is 3.0.
The date of the latest Quick Mortgage Comparisons update is July 3, 2024.
Quick Mortgage Comparisons became publicly available on February 5, 2023.
The content advisory rating for the Quick Mortgage Comparisons app is Michael YOUNG.
Quick Mortgage Comparisons is now available to use in English.
Sorry, Quick Mortgage Comparisons is not part of Apple Arcade.
No, Quick Mortgage Comparisons is not eligible for in-app purchases.
Unfortunately, Quick Mortgage Comparisons is not fully compatible with Apple Vision Pro.