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:
3.4
- Don't show target values as editable when reverse calculating
- Don't allow editing property value if calculating principal
- Reduced app size
- Tested on Lollipop 5.1

3.3.3
- 2015 FHA rate update
- Reduced app size

3.3.2
- Reduced app size
- Minor bug fixes

3.3.1
- More extra payments
- Material theme for 5.0 devices
- Better currency format support
- Layout improvements
- Reduced app size
- Minor bug fix
Add to list
Free
89
4.5
User ratings
4903
Installs
1,000,000+
Concerns
0
File size
705 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:
3.4
- Don't show target values as editable when reverse calculating
- Don't allow editing property value if calculating principal
- Reduced app size
- Tested on Lollipop 5.1

3.3.3
- 2015 FHA rate update
- Reduced app size

3.3.2
- Reduced app size
- Minor bug fixes

3.3.1
- More extra payments
- Material theme for 5.0 devices
- Better currency format support
- Layout improvements
- Reduced app size
- Minor bug fix

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
Apr 16, 2015
Exceptional Financial Tool!!! This is a must have financial app on all your devices for the mortgage pro & the newbie. I use it every day at work and out of the office. I love it and highly recommend it to any loan officer out there.
A Google User
Apr 8, 2015
Perfectly simple and straightforward
A Google User
Apr 6, 2015
A must have! Extremely informative and useful!
A Google User
Apr 5, 2015
Must have app intuitive interface makes for easy-to-use mortgage calculation app
A Google User
Apr 4, 2015
Outstanding! This is the one. Go no further. Install it NOW. 👍
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Version 1000000