Mortgage Calculator™

Mortgage Calculator™

Extra Payments Save You Money

134 ratings
174 reviews
#130 in paid Finance
💼 Business
💰 Finance
$1.99
In-App Purchases

Details

  • Released
  • Updated
  • December 18, 2010
  • December 8, 2021
Mortgage Calculator™ screenshot #1 for iPhone
Mortgage Calculator™ screenshot #2 for iPhone
Mortgage Calculator™ screenshot #3 for iPhone
Mortgage Calculator™ screenshot #4 for iPhone
Mortgage Calculator™ screenshot #5 for iPhone
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About

This app helps you save money on your mortgage by simulating 'what-if' scenarios with extra payments. Visualize cost savings with interactive charts and compare different loan deals to make informed financial decisions.

Simulate extra payment scenarios
Visualize cost savings with charts
Compare multiple mortgage deals
Calculate affordability
Support for ARM mortgages
Email loan details
Backup and restore via Dropbox
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What users say

See all reviews

What's New in Mortgage Calculator™

2.8

December 8, 2021

iOS 15 optimizations Face ID/Touch ID Support

1

In-App Purchases

$39.99

Branding License

Enable the ability to enter company details and logo. The company name will be displayed at the top of the My Mortgages screen, and the company details and logo will be displayed on the header of the PDF report pages.

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Charts

Top Paid

📊 130

Finance

The app has maintained its position at 130 recently.

Last updated on July 31, 2026.

User reviews

Best mortgage App

I have tried most of the mortgage apps for IOS and this one gives you more flexibility with your payoff strategies.

Response from developer

What lovely feedback - thank you! We are so pleased it is working well for you. If you find you need any additional information, please contact our support: support@mhriley.com

Extremely helpful and a great reminder

Great to remind you to stick to your goal long term to pay off the house. Keeps you motivated and gives you clear pic on how the future payments can look.

Response from developer

Thank you for your feedback. We are pleased to hear that the app is helping to keep you motivated:) Best wishes!

Excellent app

Very handy app to help you calculate payments over years and total amounts you would pay. Really useful to compare mortgages and work out best deals for you.

Response from developer

Thank you so much for your feedback. We are so pleased you are finding it useful. If you find you need any info about the app along the way, please contact us at support@mhriley.com where we will be happy to hear from you! Best wishes!

Great

A lot of features and easy to use

Better than excel

This app works well to find out how much interest will be charged and how much is spent at any given time during the life of a mortgage. I also use it for comparison shopping.

Response from developer

Thank you so much for your feedback! We are really pleased to hear that the app is working well for you:)

Developer apps

User experience

🐞

Reported Bugs

3 issues

Inability to enter extra payments

Bug

Incorrect years saved calculation for some users

Bug

Compatibility issues with newer iOS versions

Bug

Requested Features

4 requests

Ability to save and load multiple mortgage scenarios

Feature

Option to email or share mortgage calculations

Feature

Integration with banking/financial accounts

Feature

Amortization chart with date-based view

Feature

FAQ

What does this mortgage calculator app do?

This app is designed to help users save money on their mortgages. It allows you to simulate various 'what-if' scenarios, particularly focusing on how extra payments can reduce the total loan length and cost. You can also use it to compare different mortgage deals and make more informed financial decisions.

What are the key features of the mortgage calculator?

Key features include the ability to see the effect of regular or one-off extra payments, support for variable and ARM rates, calculation of the 'true cost' including tax and PMI, and interactive charts for visualizing cost savings. It also offers quick calculators for affordability and monthly payments, and the ability to compare up to four mortgages side-by-side.

Is this app free to use?

The application is available for free with in-app purchases. While the core functionality is accessible, certain advanced features or options might require an in-app purchase to unlock.

What kind of mortgages does this app support?

The app is specially designed for the US market and supports various mortgage types. This includes ARM mortgages like 3/1, 5/1, and 7/1, as well as support for 'Repayment' or 'Interest Only' loans. It also accounts for variable rates and initial rates for ARMs.

How can I use this app to compare mortgage deals?

The app allows you to store details of multiple mortgages and compare up to four of them side-by-side. You can visualize the costs for each year with interactive charts and easily see the impact of different scenarios, such as extra payments, to make an informed choice between various loan options.