RECalc is a Real Estate Mortgage Loan Calculator that is also a traditional Mathematical Calculator. It's UI is simple and familiar, like any traditional mathematical calculator.
You can use RECalc to calculate the Monthly Payment, Term, Interest Rate or Loan Amount for a mortgage or any other loan, as well as standard mathematical calculations as you would in any other calculator.
Calculate mortgage payments given loan amount, interest and term. RECalc lets you 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.
RECalc supports semi-annual compounding (Canadian Amortization) in addition to normal monthly compounding. With a click, you can display the complete Loan Summary and Amortization Table for your mortgage or loan.
Whether you're a real estate professional, mortgage broker, first time home buyer or looking to refinance, you can have RECalc easily accessible on your Phone. You can also use RECalc to calculate car loan payments.