In short
Mortgage Calculator™ is an app for iOS made by MH Riley Ltd. It helps to visualize format.
Highlights
Extra payments and present the data in an easy to visualize format
Description
*** SALE NOW ON - 50% off ***
*** Featured in the Sunday Times App List 2012 ***
*** Featured as 'What's Hot' by Apple ***
Mortgage Mentor has one aim - To SAVE YOU MONEY on your mortgage!
If you're buying a house, looking to re-mortgage, or simply want to make the most of your existing mortgage, then this is the perfect app for you.
Try out various 'What-If' scenarios and quickly see how overpayments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off overpayments, at any period during the loan. Then watch the total length and cost go down. You may be surprised by just how much!
Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year.
5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier."
5-Stars - "...really helped me to compare the different mortgage deals"
*** Highlights ***
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Specially designed for the UK market:
√ See effect of regular or one off Overpayments
√ Variable Rates support
√ Include 'Arrangement Fees' in the total payment
√ Full support for fixed 'Initial Rates'
√ Try out various 'What-If' scenarios
√ Email a PDF or HTML of the loan details
√ Charts allow easy visualisation of the costs
√ Make an informed choice by comparing loans
√ Backup & Restore via Dropbox
√ Passcode protection
√ Elegant, simple and powerful user interface
*** Quick Calculators ***
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Super quick calculators for instant answers:
√ How much can you afford to borrow?
√ Monthly Payments
√ Money Saving Effect of Overpayments
√ Cost of Moving House
√ Stamp Duty
*** Analyse & Compare ***
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Visualise mortgage costs in simple, easy to understand charts:
√ Store details of multiple mortgages
√ Easily see the costs for each year with a slide of the finger
√ Try out various 'What-If' scenarios
√ Extra payments can 'Reduce Term' or 'Reduce Payments'
√ Calculate the 'True Cost', by including Fees, Insurance etc.
√ Support for 'Repayment' or 'Interest Only'
√ Monthly breakdown of costs (Amortisation)
√ Compare up to 4 mortgages side by side
√ Support for 'Introductory' mortgage rate
*** Voted #1 Property App - upack.com ***
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"The strongest arrow in its quiver is the way it handles hypothetical situations, letting you analyze all manner of mortgage-related queries, such as how much you can afford to borrow, and a variety of other what-if scenarios..."
Note that multiple currencies are supported!
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