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My Mortgage Freedom Date

My Mortgage Freedom Date

by Appfactory

1 ratings
8 reviews
🌟 Lifestyle
💰 Finance

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • April 8, 2014
  • November 14, 2019

Features

Developer

Appfactory
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About

Calculate potential savings in time and money by adjusting your mortgage interest rate or repayment amount. This tool helps you visualize how to achieve your debt-free goals faster and cheaper.

✓Calculate savings from lower interest rates
✓Calculate savings from higher repayments
✓Visualize savings by keeping repayments the same
✓Estimate total interest paid
✓Mortgage Freedom Date slider
✓Tips from money expert
Show original description

What's New in My Mortgage Freedom Date

2.0.1

November 14, 2019

New design and updated default rates.

User reviews

Most RecentHighest RatedLowest Rated

Simple but does just what’s needed

It is a simple app that does exactly what it needs to. Clearly shows the cost of you mortgage with a few as possible entries. Easily let’s you change numbers to see the affects quickly.
Dr177Dr177

Just an ad for a book.

There are better apps out the to calculate mortgages.
HendotHendot

Really useful

Fantastic App. Really useful and easy to use. Very informative information about how to pay down your Mortgage sooner. Highly recommended.
AMC4012AMC4012

Great app!

Simple yet very useful home loan calculations
nick32mnick32m

Amazing

So good to see the calculations done so quickly. Easy to make comparisons for different financial circumstances.
gympantgympant
See 3 more reviews

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FAQ

What is My Mortgage Freedom Date?

My Mortgage Freedom Date is a free tool designed to help you understand how adjusting your mortgage interest rate or repayment amount can lead to significant savings in both time and money, allowing you to achieve debt freedom sooner.

How accurate is My Mortgage Freedom Date?

The app calculates potential savings to the day and dollar, providing precise estimates based on the inputs you provide. It's designed to give you a clear financial picture for your mortgage payoff journey.

What types of mortgages does My Mortgage Freedom Date support?

This tool works for new home loans, loans that have already begun to be paid off, loans with an original duration of up to 40 years, and loans with monthly or twice-monthly repayments.

Can My Mortgage Freedom Date help me if I want to keep my repayments the same?

Yes, the app specifically calculates the 'free' savings you could secure by moving to a cheaper home loan and then simply keeping your repayments at their existing level. This is highlighted as a debt-busting masterstroke.

Does My Mortgage Freedom Date offer personalized advice?

While the app provides calculations and insights, it also includes exclusive tips and tricks from money expert Nicole Pedersen-McKinnon to help you hit your debt-free dream date. These tips are designed to guide your financial strategy.

What is the age rating for My Mortgage Freedom Date?

My Mortgage Freedom Date has an age rating of 4+, making it suitable for a wide audience. This indicates it contains no mature content and is accessible for most users.

How frequently is My Mortgage Freedom Date updated?

The app was last updated on November 14, 2019, with the latest version being 2.0.1. While not updated recently, the core functionality remains relevant for mortgage planning.

What devices can I use My Mortgage Freedom Date on?

My Mortgage Freedom Date is available for iPhone and iPod devices. It is optimized for Apple's mobile operating system.