Karl's Mortgage Calculator

    Karl's Mortgage Calculator icon

    Karl's Mortgage Calculator

    by: 5.8K 9

    9 Users



    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.

    - Internet access required for adverts and analytics

    Tags: karls mortgage calculator , karlscalculator , karl mortgage , karl's mortgage calculator , karls calculator , karl mortgage calculator , karls mortgage calculator code , canadian mortgage calculator script , mortgage calculator

    Users review

    from 5.825 reviews



    Users comments

    Tommy Zeaiter

    by Tommy Zeaiter

    Jun 15, 2017  |  "Good"

    Great little application. Pretty much the best of its kind. I really wish it had an offset account feature and the ability to calculate continuous compound interest, that would make it 5/5

    Don Rogers

    by Don Rogers

    Jun 14, 2017  |  "Awesome"

    Many thanks to the Professor from the North for sharing this tool "back in the day" when apps where first invented!!! Not only have I used it in my professional career of retirement planning, but I have purchased over 50 properties using this simple calculator!

    Robert Leckie

    by Robert Leckie

    Jun 12, 2017  |  "Awesome"

    Great to go through multiple scenarios.

    Mike Kadri

    by Mike Kadri

    Jun 03, 2017  |  "Awesome"


    Rami Friedman

    by Rami Friedman

    Jun 02, 2017  |  "Awesome"

    Purchased Pro to support the developer. Would like a filter to see where you would be in x years and months. Its an extremely useful app. Thankful the developer did such a great job Thanks

    John Wehrly

    by John Wehrly

    May 26, 2017  |  "Good"