Mortgage Payment Calculator

Starflower Solutions

Contains ads

About this app

How 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.

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.

This app 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.

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. This is the free version and has ads.

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.

If you want to export the mortgage loan data (i.e., share it via email or text message), then you must buy the Pro version.

Please feel free to email any questions, comments, or suggestions to [e-mail].

Ratings and reviews

This app is great when you're looking to buy a house. It helps to determine what you need to put down to keep your monthly payment with in your means.

This app came in very handy when I was shopping around to refi my home mortgage. I was able to enter all the necessary info and calculate a manageable monthly payment with lenders I was interested in. Kudos for creating a great app "to do the math!"

It's great. It makes it easier to provide estimates with the client understanding that it's only an estimate. The lender provides mortgages more accurately.

What's new

Fixed a few bugs with the pop-up help text on the payment and affordability calculator screens.