Mortgage Calculator: Loan Mate
Plan, amortize & save on loans
About
This tool provides a clear and precise amortization schedule for mortgages, allowing users to plan, compare, and pay off loans faster. It calculates missing loan details, includes all associated costs, and models various payment strategies with instant updates.
What's New in Mortgage Calculator
7.0.8
July 17, 2026
Bug fixes and performance improvements
In-App Purchases
$4.99
Premium App
Premium App - no Ads
Developer apps
FAQ
What is Mortgage Calculator: Loan Mate's primary function?
Mortgage Calculator: Loan Mate provides precise amortization schedules to help users plan, compare, and pay off mortgages faster. It calculates missing loan details and includes all associated costs for a comprehensive financial overview.
Does Mortgage Calculator: Loan Mate require an internet connection?
No, Mortgage Calculator: Loan Mate is designed to work without an internet connection. All calculations and schedules are processed directly on your device, ensuring privacy and accessibility.
How does Mortgage Calculator: Loan Mate handle extra payments?
The app allows users to model extra payments, including one-time lump sums or recurring additional amounts. Every change instantly updates the amortization schedule, showing the impact on the payoff date.
Can Mortgage Calculator: Loan Mate model variable interest rates?
Yes, Mortgage Calculator: Loan Mate supports modeling variable and adjustable rates. Users can simulate rate changes month-by-month for scenarios like ARMs or teaser-rate periods.
What kind of scenarios can I save and compare in Mortgage Calculator: Loan Mate?
You can save unlimited scenarios, such as comparing a 15-year versus a 30-year term, or evaluating a refinance option against your current loan. These scenarios can be kept side-by-side on your device for easy comparison.
Does Mortgage Calculator: Loan Mate have ads?
Yes, Mortgage Calculator: Loan Mate contains advertisements. As a free application with in-app purchases, it utilizes ads to support its development and maintenance.
What is the pricing for Mortgage Calculator: Loan Mate?
Mortgage Calculator: Loan Mate is free to download and use. It offers in-app purchases for additional features or content, but the core functionality is available at no cost.
How often is Mortgage Calculator: Loan Mate updated?
The app was last updated on 2026-06-16, indicating regular maintenance and feature enhancements. Users can expect ongoing support and improvements to the application.