When I shop for mortgage, I wanted a calculator that would help me make an objective decision. "What is the total interest I would pay over the loan life? Am I better off refinancing or keeping the current mortgage? When I have two loan offers, which one is better?" I wanted a well formatted amortization table.
So, I developed this consumer centric app that is very handy to me. I hope the app helps you as much as it does to me.
Home Loan Calculator
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- Two loans – helps you decide between loans
- Existing loan and a new loan – helps you make better refinancing decision
- Amortization table
- Monthly payment
- Total interest paid over the loan term
*All major currencies are supported – no setting needed