United StatesHow much will that house really cost per month or every two weeks? Want to know BEFORE you buy it and sign your life away?
Then use my Mortgage Home Loan Payment Calculator and find out in just a few minutes.
NEW FEATURE Added on 10/9/2019: Users can now save multiple mortgage home loan scenarios. You can save 5 different scenarios per calculation screen for a total of 15 scenarios.
The Mortgage Home Loan Payment Calculator Pro turns you into a negotiator extraordinaire and a well-informed future home-owner when shopping for a house by quickly and easily calculating a monthly loan payment or an affordable purchase price on location with your mobile device.
NO ADS on this version. This app has no ads and fully supports tablets and phone screens of all sizes.
SAFE - We DO NOT collect any personal information with this app. It only requests the minimum permissions necessary to perform its functions.
You can also export the mortgage loan data and then send it on a Text message or an Email message. Just press the Export Data button and the app will ask if you want to send it via email or text message. You then press the email or text button and app will paste all of the data into the body of the message.
The app will also show you the payment schedule for your proposed mortgage. Just enter all of your data, press the Calculate button, and then press the Show Payment Schedule button and it will show you the principal, interest, and principal loan balance for each month of your mortgage.
This app can be moved to the SD card.
At the start screen, you simply choose what you want to calculate:
1. Monthly and BiWeekly Loan Payment.
2. The Price of a House that you can Buy based on the Monthly Payment that you can Afford.
You then simply enter the required information (e.g., price, interest rate, term of loan), plus any optional information (e.g., Property Tax, Insurance, PMI, HOA dues, etc.), and then press the calculate button.
Two main options are available to the user from the start screen:
Calculate a Monthly and BiWeekly Loan Payment. This option offers allows the user to input all items that a dealer finance manager would input into their system to calculate a monthly loan payment.
A user can enter the following:
1. Property Info (optional)
2. Price of House (required)
3. Closing Costs financed (optional)
4. Down Payment (optional)
5. Interest Rate (required)
6. Term of Loan in years (required)
7. Annual Insurance (optional)
8. Annual Property Tax (optional)
9. HOA dues/fees monthly (optional)
10. PMI (monthly)
11. Misc Annual Expenses (optional)
12. Extra Payment Annual (optional)
The app then calculates the monthly and biweekly loan payment of the car based on the information above. It will also display the total amount financed, the total interest, and the total of payments.
If you enter an extra annual payment (to pay down the principal balance), the app will also determine if and when the load will be paid off early.
Calculate the Affordable Purchase Price of a car based on the monthly loan payment interest rate, term of loan and any other optional information.
A user can enter the following:
1. Property Info (optional)
2. Monthly Payment (required)
3. Closing Costs financed (optional)
4. Down Payment (optional)
5. Interest Rate (required)
6. Term of Loan in years (required)
7. Annual Insurance (optional)
8. Annual Property Tax (optional)
9. HOA dues/fees monthly (optional)
10. PMI (monthly)
11. Misc Annual Expenses (optional)
The app then calculates the affordable purchase price of the car based on the information above. It will also display the total amount financed, the total interest, and the total of payments.
Please feel free to email any questions, comments, or suggestions to [email protected].
Great app just need a way to save each properties estimated monthly mortgage payments in the app
Average App. I think there is a bug when calculating interest after an Annual pay to loan. It doesnt show the actual interest amount to be paid when doing the yearly extra payment. Option to do exta monthly payments to prinicipal will be very helpful.
Average App. I think there is a bug when calculating interest after an Annual pay to loan. It doesnt show the actual interest amount to be paid when doing the yearly extra payment. Option to do exta monthly payments to prinicipal will be very helpful.
Works good, but annoying buzzing vibrate when calculating, which can't be turned off in settings. Also, after exporting data to email, my email app quit working. Odd. Overall it does a good job calculating and offers many places to input various data typical when purchasing a house.
Works good, but annoying buzzing vibrate when calculating, which can't be turned off in settings. Also, after exporting data to email, my email app quit working. Odd. Overall it does a good job calculating and offers many places to input various data typical when purchasing a house.
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Excellent App ! It is simple to use, and very user friendly. Higly reccomended over other apps. Even free version is great, Ad placement does not interfere with app usage. In a future update I would like to see the ability to have a balloon payment option.
Updated the app to use the latest Android OS software.
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