1. Home
  2. 💰 Finance
  3. Mortgage Pal
Mortgage Pal - Loan Calculator

Mortgage Pal - Loan Calculator

Payments, Rates & Refinance

4.7K ratings
33 reviews
With Ads
🔧 Utilities
💰 Finance
Free
With Ads

Details

  • Released
  • Updated
  • September 9, 2019
  • August 9, 2026

Features

Developer

Appeum Inc
✨Promote your app ✨
Mortgage Pal - Loan Calculator screenshot #1 for iPhone
Mortgage Pal - Loan Calculator screenshot #2 for iPhone
Mortgage Pal - Loan Calculator screenshot #3 for iPhone
Mortgage Pal - Loan Calculator screenshot #4 for iPhone
Mortgage Pal - Loan Calculator screenshot #5 for iPhone
Mortgage Pal - Loan Calculator screenshot #6 for iPhone
Mortgage Pal - Loan Calculator screenshot #7 for iPhone
Mortgage Pal - Loan Calculator screenshot #8 for iPhone
Mortgage Pal - Loan Calculator screenshot #9 for iPhone
iphone
ipad
📌Ready
Reviews summary↘︎
⭐33
Reviews↘︎
📝40+ tags
Tags↘︎
🔄6+ apps
Alternatives↘︎
❓5 answered
FAQ↘︎
📦~ in 3 weeks
Updates frequency↘︎
🖼️Get Icon
Icons↘︎

About

This comprehensive mortgage toolkit helps users make informed home buying decisions. It offers multiple calculators for payments, affordability, refinancing, and closing costs, along with tools to visualize rate trends and compare renting versus buying.

✓Mortgage Payment Calculator
✓Mortgage Affordability Calculator
✓Mortgage Refinance Calculator
✓HELOC Calculator
✓Rent vs Buy Calculator
✓Closing Costs Calculator
✓Mortgage Rate Trends Visualizer
Show original description

What users say

Summarized from real user reviews of Mortgage Pal. Based on 4.7K reviews and a 4.8/5 average, it highlights the 4 positives and 3 negatives reviewers mention most about this Finance app.

Positive things

  • 🚀Simple and intuitive
  • 🚀Easy to use
  • 🚀Provides necessary information
  • ✨Accurate calculations

Negative things

  • 🐛Freezes and crashes frequently
  • 🔒Privacy concerns (access to motion/fitness data)
  • 🔍Lacks important features (PMI, closing costs)
See all reviews
+1

What's New in Mortgage Pal

4.2

August 9, 2026

What's New in 4.2 • New: Lifetime Ad Free Pro — a one-time purchase that removes all ads, forever (find it in Settings) • More accurate U.S. mortgage math across all six calculators: true accelerated bi-weekly/weekly plans, PMI with automatic 78% LTV termination, and smarter closing-cost estimates with seller-paid items • Affordability now uses standard U.S. lending ratios (28% front-end, adjustable DTI) • Full dark mode support • Improved iPad layouts and support for larger accessibility text sizes • Dozens of fixes and refinements throughout

More

User reviews

Most RecentHighest RatedLowest Rated

Love this app

Great calculator, has all the fields I’d want, and set up intuitively, kudos
fycudhdhsfycudhdhs

Best free App

This is probably the best free mortgage calculator app I have ever used
Matthew GleasonMatthew Gleason

Can’t change start date

I would love this app if I could change the start date of my mortgage to make it current
Sherb.MDSherb.MD

Exactly what you need

Super simple, easy to use and easy to understand - very helpful
GabeCZGabeCZ

Stupid adds after update

I liked the app but after an update it has adds and won’t let me use the app unless I click on the stupid adds.
Billy Joe ReviewBilly Joe Review
See 28 more reviews

Developer apps

Fluent - English
Fluent - English

Improve your vocabulary

🔍 Reference

(9)

Free
See developer apps

User experience

🐞

Reported Bugs

3 issues

Doesn't allow calculations with no down payment

Bug

Frequently freezes and crashes

Bug

Unable to contact developers to report bugs

Bug
✨

Requested Features

4 requests

Add PMI option for less than 20% down payment

Feature

Improve data entry experience

Feature

Implement landscape mode support for iPads

Feature

Show impact of extra payments on interest savings

Feature

FAQ

What does Mortgage Pal do?

Mortgage Pal is an all-in-one mortgage toolkit designed to help users make smarter home buying decisions. It provides seven powerful tools, including calculators for mortgage payments, affordability, refinancing, HELOCs, rent vs. buy comparisons, closing costs, and a mortgage rate trends visualizer.

What are the key features of Mortgage Pal?

Key features include a Mortgage Payment Calculator that accounts for PMI, taxes, insurance, and HOA fees with various payment plans, an Affordability Calculator to determine how much home you can afford, a Refinance Calculator to compare loan options, a HELOC Calculator, a Rent vs. Buy Calculator, a Closing Costs Calculator, and a Mortgage Rate Trends Visualizer.

Is Mortgage Pal free to use?

Yes, Mortgage Pal is 100% free to use. There are no subscriptions, no paywalls, and no account required to access any of its calculators or features. It also does not have ads.

Does Mortgage Pal work offline?

All the calculators within Mortgage Pal work offline, making them perfect for use during meetings with lenders or at open houses. Only the Mortgage Rate Trends feature requires an internet connection to display current data.

Who can benefit from using Mortgage Pal?

Homebuyers, homeowners considering refinancing, individuals exploring home equity lines of credit, and those comparing the costs of renting versus buying can all benefit from Mortgage Pal. Real estate agents, mortgage brokers, and financial planners also find it useful for client consultations.