# MCC Calculator

> Calculates estimated mortgage interest tax credit savings for homebuyers. (iPhone/iPad app by cyk.)

- Source: https://appshunter.io/ios/app/mcc-calculator/id552992289 (this page in markdown: same URL + `.md`)
- Developer: [cyk](https://appshunter.io/developer/552992292)
- Category: Finance
- Price: Free
- Rating: 5.00/5 from 2 App Store ratings
- Age rating: 4+
- Requires: iOS 4.3 · 3 MB
- Languages: English, Japanese
- Released: 2012-08-23
- Data updated: 2026-06-04
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/mcc-calculator/id552992289/reviews.md

## What is MCC Calculator?

The Mortgage Credit Certificate provides homebuyers with a percentage of their mortgage interest back in the form of a federal income tax credit for the life of the loan.  In essence, it is a dollar-for-dollar credit or about $150 a month savings per borrower. 

This application will calculate the estimated yearly and monthly savings by using an MCC.

## Key features

- Calculate yearly savings
- Calculate monthly savings
- Estimate tax credit benefits
- Understand MCC impact


## Frequently asked questions about MCC Calculator

### How does MCC Calculator estimate savings?

MCC Calculator uses the Mortgage Credit Certificate details to project your potential yearly and monthly savings on mortgage interest as a federal income tax credit.

### What is a Mortgage Credit Certificate (MCC)?

An MCC is a program that provides homebuyers with a percentage of their mortgage interest back as a federal income tax credit for the life of the loan, potentially saving around $150 per month.

### Is MCC Calculator secure for financial information?

MCC Calculator does not handle or store sensitive financial information. It only requires input for calculations related to your MCC benefits.

### What devices is MCC Calculator available on?

MCC Calculator is available on devices with an age rating of 4+, indicating broad compatibility with most modern mobile operating systems.

### How often is MCC Calculator updated?

The latest version of MCC Calculator was released on February 23, 2013. While not frequently updated, its core functionality remains relevant for MCC calculations.

### What do users like about MCC Calculator?

Users appreciate its straightforward functionality and the clarity it provides in understanding potential tax credit savings, as reflected in its 5.0-star rating.

### Does MCC Calculator have ads?

Based on the provided data, there is no information indicating the presence of advertisements within MCC Calculator.

### Can MCC Calculator help with first-time homebuyer programs?

Yes, MCC Calculator is specifically designed for homebuyers who may be utilizing programs like the Mortgage Credit Certificate, which is often associated with first-time homebuyer initiatives.

## Version history (last 1 release)

### 1.2 — 2013-02-23

Added more MCC rates and removed iAds

## More apps by cyk

- [Message in the Wind](https://appshunter.io/ios/app/message-in-the-wind/id6760450134)

All apps by cyk: https://appshunter.io/developer/552992292

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-04.*