Karl's Mortgage Calculator

Karl's Mortgage Calculator


Calculate mortgage payments given principal, interest and term. Reverse calculate any one variable given the other three.

Enter a down payment amount or percentage and let the calculator show how large a mortgage you require.

See how the monthly payment changes when you factor in additional monthly or annual loan costs such as PMI, HOA, taxes and insurance.

The calculator supports Fixed and Adjustable Rate Mortgages (ARM) loans with up to five changes in interest rates. Interest-only mortgages loans are also supported.

You can pay off your mortgage early with extra payments. Add one-off, monthly and annual extra payments. Choose up to ten additional extra payment amounts and payment periods and the calculator will show how much money you can save on the loan.

Choose from weekly to annual loan payments and adjust the compounding period from daily through annual periods. The calculator supports Canadian mortgages along with UK annual rest mortgages.

Multiple rounding options on loan calculations are also available. Choose between no rounding, round half up, half down, to even, to ceiling and to floor.

The calculator also supports the input and display of multiple currencies.

Permissions:
- Internet access required for adverts and analytics
- External storage access required to store email attachments prior to sending

Recent changes:
3.2.2
- Fix crash on Lava Iris 504Q and similar devices

3.2.1
- Accelerated payment accuracy
- New CMHC rates for Canada
- Action Bar Menu on phones
- Hardware acceleration
- Minor fixes

3.1
- Accelerated weekly payments
- Bug fixes

3.0
- Swipe between tabs
- Updated PMI rates
- Bug fixes
- German translation (Dr. Erwin Aumer)
- Minimum Android version now 3.0 Honeycomb

2.9.4
- Loan name is now a clickable button
- LTV column in tables
- Latest PMI rates
- Bug fixes

2.9.2
- Fix FC in keypad
Add to list
Free
90
4.5
User ratings
4176
Installs
1,000,000+
Concerns
0
File size
1823 kb
Screenshots
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About Karl's Mortgage Calculator
Calculate mortgage payments given principal, interest and term. Reverse calculate any one variable given the other three.

Enter a down payment amount or percentage and let the calculator show how large a mortgage you require.

See how the monthly payment changes when you factor in additional monthly or annual loan costs such as PMI, HOA, taxes and insurance.

The calculator supports Fixed and Adjustable Rate Mortgages (ARM) loans with up to five changes in interest rates. Interest-only mortgages loans are also supported.

You can pay off your mortgage early with extra payments. Add one-off, monthly and annual extra payments. Choose up to ten additional extra payment amounts and payment periods and the calculator will show how much money you can save on the loan.

Choose from weekly to annual loan payments and adjust the compounding period from daily through annual periods. The calculator supports Canadian mortgages along with UK annual rest mortgages.

Multiple rounding options on loan calculations are also available. Choose between no rounding, round half up, half down, to even, to ceiling and to floor.

The calculator also supports the input and display of multiple currencies.

Permissions:
- Internet access required for adverts and analytics
- External storage access required to store email attachments prior to sending

Recent changes:
3.2.2
- Fix crash on Lava Iris 504Q and similar devices

3.2.1
- Accelerated payment accuracy
- New CMHC rates for Canada
- Action Bar Menu on phones
- Hardware acceleration
- Minor fixes

3.1
- Accelerated weekly payments
- Bug fixes

3.0
- Swipe between tabs
- Updated PMI rates
- Bug fixes
- German translation (Dr. Erwin Aumer)
- Minimum Android version now 3.0 Honeycomb

2.9.4
- Loan name is now a clickable button
- LTV column in tables
- Latest PMI rates
- Bug fixes

2.9.2
- Fix FC in keypad

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User reviews of Karl's Mortgage Calculator
absolutey perfect,bang in the money.
Jun 14, 2011
Why does it need internet access?
Mar 12, 2011
awesome droid x rooted
Feb 14, 2011
Seriously impressive!
Sep 11, 2010
Android Market Comments
A Google User
4 days ago
Only the best!!! Working well on last 2 phones, tablets, note 3, 4.4.2 and it's predecessors! Accurate and easy to use!
A Google User
Aug 14, 2014
Awesome! So powerful when you get going with it!
A Google User
Aug 12, 2014
Excellent app. Is there an offset mortgage calculator?
A Google User
Aug 9, 2014
Good Mortgage Calculator
A Google User
Aug 8, 2014
Great app. Just wish I had more spots to added extra payments. I need more then the provided ten.