Does what it says
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Calculate fixed-rate mortgage payments, including principal, interest, and prepayments. View a detailed amortization table and a visual graph of your loan's progress. Understand your total interest paid over the life of the loan.
✓Fixed-rate mortgage payment calculation
✓Principal and interest breakdown
✓Prepayment calculations
✓Full amortization table
✓Loan amortization graph
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What's New in Mortgage Calc Free
1.2
October 18, 2011
Additional optimizations to the graph
User reviews
Developer apps
FAQ
What is Mortgage Calc Free used for?
Mortgage Calc Free is used to calculate fixed-rate mortgage payments, including principal, interest, and prepayments. It also provides a full amortization table and a graph to visualize your loan's progress.
How accurate is Mortgage Calc Free?
The app calculates standard mortgage figures. It has received a 5.0-star rating from one user, indicating high satisfaction with its accuracy and functionality.
Does Mortgage Calc Free have ads?
No, Mortgage Calc Free does not contain advertisements. It offers a clean, ad-free experience for users.
What devices does Mortgage Calc Free support?
Mortgage Calc Free is available for iPhone and iPod devices. It is designed for Apple's mobile operating system.
How often is Mortgage Calc Free updated?
The latest version, 1.2, was released on October 18, 2011. The app was initially released on May 22, 2011.
Is Mortgage Calc Free suitable for first-time homebuyers?
Yes, Mortgage Calc Free is very suitable for first-time homebuyers. It helps demystify mortgage payments and total interest, making the home-buying process clearer.
Can Mortgage Calc Free calculate variable-rate mortgages?
Mortgage Calc Free is designed specifically for fixed-rate mortgages. It does not currently support calculations for variable-rate loans.