Mortgage Payment Calculator

Starflower Solutions

Contains ads

About this app

How much will that home really cost each month or every two weeks?

Mortgage Home Loan Payment Calculator helps you estimate payments before you buy, so you can shop with confidence, compare options quickly, and avoid surprises.

Whether you are house hunting, refinancing, or planning your budget, this app gives you fast mortgage estimates and affordability calculations right from your phone or tablet.

NEW FEATURES
- Displays the interest compounding frequency used in your calculations.
- Lets you override the compounding frequency in Settings so you can match your lender’s terms more accurately.

KEY CALCULATORS
1) Monthly and Biweekly Mortgage Payment Calculator
2) Affordable Home Price Calculator (based on the payment you can afford)

PAYMENT CALCULATOR INPUTS
- Property info (optional)
- Home price
- Closing costs financed
- Down payment
- Interest rate
- Loan term (years)
- Annual insurance
- Annual property tax
- HOA dues (monthly)
- PMI (monthly)
- Misc annual expenses
- Extra annual payment

The app calculates monthly and biweekly payments, total amount financed, total interest, and total of payments.
If you enter an extra annual payment, it also shows if and when the loan can be paid off early.

AFFORDABLE PRICE CALCULATOR INPUTS
- Property info (optional)
- Monthly payment budget
- Closing costs financed
- Down payment
- Interest rate
- Loan term (years)
- Annual insurance
- Annual property tax
- HOA dues (monthly)
- PMI (monthly)
- Misc annual expenses

The app calculates an estimated affordable purchase price plus financing and interest totals to help guide your budget.

AMORTIZATION / PAYMENT SCHEDULE
Enter your values, tap Calculate, then view the Payment Schedule to see principal, interest, and remaining balance over time.

DESIGNED FOR MOBILE
- Supports phones and tablets
- Works well for on-the-go home shopping conversations

PRIVACY
This app does not collect personal information and only requests permissions needed for core functionality.

FREE VERSION
This is the free version and includes ads.

EXPORT
To export/share mortgage loan data by email or text message, please use the Pro version.

Questions, comments, or suggestions:
[e-mail]

Ratings and reviews

The am schedule doesn't show the correct balance due through the loan term. The math is wrong.. Don't trust this app. Deleted after 5min.

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!"

I really like this app. It gives me a general idea of what a mortgage payment would look like as I shop for my forever home. Many thanks to the creators for saving me some time with manual calculations.

What’s new

Fixed a bug with the payment schedule (amortization) screen.