Karl's Mortgage Calculator Pro

Karl's Mortgage Calculator Pro


(5 stars)


Download for Android Like

1,000 - 5,000 downloads

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This is the Pro version of Karl's Mortgage Calculator. The only change from the free version is that the adverts have been removed.

Calculate mortgage payments given principal, interest and term. Reverse 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.

See how the monthly payment changes when you factor in additional monthly or annual loan costs such as PMI, HOA, taxes and insurance.

The calculator supports Fixed and Adjustable Rate Mortgages (ARM) loans with up to five changes in interest rates. Interest-only mortgages loans are also supported.

You can pay off your mortgage early with extra payments. Add one-off, monthly and annual extra payments. Choose up to six additional extra payment amounts and payment periods and the calculator will show how much money you can save on the loan.

Choose from weekly to annual loan payments and adjust the compounding period from daily through annual periods. The calculator supports Canadian mortgages along with UK annual rest mortgages.

Multiple rounding options on loan calculations are also available. Choose between no rounding, round half up, half down, to even, to ceiling and to floor.

The calculator also supports the input and display of multiple currencies.

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Recently changed in this version

- 2015 FHA rate update
- Reduced app size

- More extra payments
- Material theme for 5.0 devices
- Better currency format support
- Layout improvements
- Reduced app size
- Minor bug fixes

- Partial Italian translation
- Restore Holo theme for all devices
- Minor fixes

- Fix crash on devices with MTK6589 CPU

- Accelerated payment accuracy
- New CMHC rates for Canada
- Action Bar Menu on phones
- Hardware acceleration
- Minor fixes

Comments and ratings for Karl's Mortgage Calculator Pro
  • (78 stars)

    by cchung235 on 31/12/2014

    I downloaded a bunch of these mortgage calculators, and this one the most complete, most intelligent of all the ones I've seen. Karl is obviously an actual user of such calculators. He knows exactly what features to include and how to implement them. I'm paying for this app because I want to support Karl, and to encourage other apps to come up to this level.

  • (78 stars)

    by Phil Jones on 30/12/2014

    Hands down one of the best apps I've ever used. A very powerful tool for analyzing possible investment property purchases and different payoff scenarios. Easy to use, very intuitive, an absolute home run. Now if they only made one for Apple products!

  • (78 stars)

    by Edward Wesley on 20/12/2014

    Very hand

  • (78 stars)

    by Usen Etim on 26/10/2014

    An amazing App

  • (78 stars)

    by Dan Cardinale on 17/08/2014

    Works flawlessly on all my devices. Tons of options. Faster than my real estate persons apps. Has worked great with all permutations of android os.

  • (78 stars)

    by Richard Holcombe on 11/07/2014

    I used the free version for years in my job. Finally decided it was worth paying for the pro version. Ad free but the same app.

  • (78 stars)

    by Andrey Dyadyk on 07/06/2014

    The only thing I wish it have more fields for entering extra payments. I've contacted with developer once on that matter and he increased number of fields. But it's not enough anyway. Maybe you should make special tab for extra payments with number of payments set by user? But bottom line the app is really GREAT and helps a lot!

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