Apps for Free

Mortgage & Loan Calculator - InThePhone

Develper Name: InThePhone Software Inc.

Released on: 2010-04-09T08:28:45Z

Price: FREE

File Size (Bytes): 1453779

Supported Devices: all

version: 3.1

Category: Finance, Business

Rating: 4+

Description: Getting a new or refinancing an existing loan? Buying a home or investing in a real estate property? Paying down a credit card debt?

Mortgage & Loan Calculator helps you make smarter loan decisions. Explore "what-if" scenarios for your loans within seconds. For example, with just few taps and flicks find out:
- What would be my monthly or bi-weekly payment for a $250K home with $15K down payment?
- How much mortgage can I carry for the $1,250 rent that I am paying today?
- How much mortgage do I qualify for with $75K/year income?
- How much interest am I paying with each loan payment?
- What would be my tax credit on interest in each payment period?

FEATURES:
+ Figuring out mortgage or loan payment amount for Australia, Canada, Ireland, New Zealand, Singapore, U.K., and U.S.
+ Figuring out tax credits for each mortgage payment
+ Payment types: Weekly and Bi-Weekly (regular & accelerated), Bi-Monthly, Monthly, Quarterly, Semi-Annual and Annual
+ Full amortization table with interest, paid-off principal, remaining balance, and tax credits for each payment period
+ Email and export of results and amortization table to spreadsheet (CSV) file
+ Figuring out max loan amount for a wanted payment amount or annual income
+ Uses local currency
+ Landscape mode for browsing amortization table
+ Loan term can be specified in years and months
+ Quick & easy to change any of the conditions (e.g. payment type, amortization period)

The app can be also a valuable resource for your home or a real estate project needs. It includes a search of local businesses and services for Canada and U.S. For example, our business directory contains:
+ Real Estate, Mortgage, and Insurance Agents & Brokers
+ Bank and Credit Union Branches
+ Home Construction, Renovation, and Maintenance contractors

If you are looking for more "what-if" scenarios and more flexible data entry options, check out our paid version of the app: Mortgage & Loan Calculator Pro (search for "InThePhone" in the App Store). In paid version, you can enter exact dollar amounts with much higher dollar limits and exact interest rates. You can also evaluate property as an investment.

By downloading this app to your iPhone, iPod Touch, and/or iPad, you agree to the Terms Of Use for this app, which are accessible at the following link http://www.inthephone.com/termsofuse.html.