Calculate monthly mortgage payments and total interest for home loans. View amortization schedules to understand principal and interest breakdown. Ideal for those shopping for a new home or investment property.
1.2
September 27, 2020
Improvements to mortgage calculator app
Mortgage Calculator helps you determine your monthly mortgage payments and the total interest you'll pay over the life of your loan. It also provides an amortization schedule to show how each payment is applied to principal and interest.
Yes, Mortgage Calculator is available for free. There are no costs associated with downloading or using its core features for calculating mortgage details.
Mortgage Calculator is designed for Apple devices, including iPhone, iPad, and iPod. It is optimized for these platforms to provide a seamless user experience.
The app was last updated on September 27, 2020, with version 1.2. While specific update frequency isn't detailed, this indicates it has received maintenance and improvements since its release in 2019.
No, Mortgage Calculator does not contain advertisements. Users can calculate their mortgage details without any interruptions from ads.
Mortgage Calculator has an age rating of 4+. This suggests it is suitable for a wide audience, including younger users, due to its straightforward financial calculations.
Yes, Mortgage Calculator is suitable for calculating mortgage payments for both new homes and investment properties. You can input the relevant loan details for either scenario.
The amortization schedule shows a breakdown of each payment, detailing how much goes towards the principal balance and how much is applied to interest. This helps you track your loan's progress over time.
