2. Compare loans
3. Save and E-Mail amortization schedule and compared payments in tab delimited text file
4. Easy to understand charts
Additionally, the application supports variable interest package. For instance, some of the financial institutions might offer package such as:
Year 1: 2.5%
Year 2: 3.5%
Year 3: 3.9%
The application let you evaluate up to 6 mortgage options.
Features include stamp duty calculator, repayment calculator, borrowing power calculator, property searches, social media integration, add your own features, and loads more.
Are you a real estate agent on the go?
Are you a potential home buyer?
Mortgage Payment Calculator
How much can I afford?
15 yrs vs 30 yrs
Should I pay points?
Interest Only Mortgage
Email amortization charts
Get current rates from Bankrate.com
Individual mortgages and comparisons visualized in lots of clean, beautiful charts! Very easy to use!
* No ads!
* No special permissions required!
* No Internet connection needed!
You can add an Adjustable Rate Mortgage (ARM) with a 7/1, 5/1, 3/1 adjustment strategy or specify your own custom one.
Fixed Rate Mortgage (FRM) available with two types of amortization schedules:
* constant monthly payment (variable principal and interest),
* constant monthly principal (decreasing monthly payment due to decreasing interest).
Specify additional principal payments (prepayments), monthly or yearly, to save on costs, interest, or to reduce term length. You can add a few mortgages with different prepayment strategies and compare the savings in plots and tables.
The calculator includes property taxes, home insurance, PMI, closing costs, so you get a clear picture of the total cost of the mortgage.
Informative graphs and tables for: monthly payment breakdown, total mortgage breakdown, loan payment, amortization schedule by month and year, and many more.
I will be very happy to hear your feedback, suggestions and opinions at email@example.com.
Check out my website for TUTORIALS and FAQs.
More from developer
Sky Financial Corporation, a leading company within the Mortgage Industry is proud to announce its first Android App.
Sky Financial Corporation, a unique business specializing in Mortgages provides immediate and long term financial solution for it’s customer and is proud to announce the launch of its new Android application.
With the demand for mobile apps rising, Sky Financial Corporation has strategically developed its additional line of service to help keep its clients abreast of changing market conditions, new mortgage products, interest rates etc. This new Android app is being offered to all Canadians for Free. This tool is a natural progression and expansion of the company.
Given the changes in the Mortgage industry, Sky Financial intends to deliver exceptional service with its team of 30+ Mortgage associates.
Our Company is built on years of experience and has been providing advice and helping clients finding the best financing solution for Canadians for the past 20 years.
Sky Financial is also forecasting the launch of its new “Sky Budget Application” by March 1 2012, that will assist our clients in their budgetary goals and objectives.
Sky Financial is a leader in the Mortgage Brokering industry and strives to invest money in its clients and its Mortgage team.