Karl's Mortgage Calculator

Karl's Mortgage Calculator

1,000,000 - 5,000,000 downloads

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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 ten 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.

Permissions:
- Internet access required for adverts and analytics
- External storage access required to store email attachments prior to sending

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Recently changed in this version

3.2.2
- Fix crash on Lava Iris 504Q and similar devices

3.2.1
- Accelerated payment accuracy
- New CMHC rates for Canada
- Action Bar Menu on phones
- Hardware acceleration
- Minor fixes

3.1
- Accelerated weekly payments
- Bug fixes

3.0
- Swipe between tabs
- Updated PMI rates
- Bug fixes
- German translation (Dr. Erwin Aumer)
- Minimum Android version now 3.0 Honeycomb

2.9.4
- Loan name is now a clickable button
- LTV column in tables
- Latest PMI rates
- Bug fixes

2.9.2
- Fix FC in keypad


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

    by Timo Yannopoulos on 01/08/2014

    Good And Simple to figure out a mortgage. That's all you need.

  • (72 stars)

    by Greg Waller on 01/08/2014

    Does most if what us needed for a simple mortgage calculator

  • (72 stars)

    by Susan Coleman Rambus Francis on 30/07/2014

    Was soooo helpful in buying our home. Great to be able to input taxes ins and hoa fees to get a REAL monthly payment

  • (72 stars)

    by Wachira Gichuki on 30/07/2014

    Cannot survive real estate without it

  • (72 stars)

    by Darrell Poe on 30/07/2014

    They changed it, can't even change the loan amount!

  • (72 stars)

    by David Tulsa on 27/07/2014

    Works well. Easy to use

  • (72 stars)

    by apichai chaimungkla on 26/07/2014

    good and easy FiCal