Karl's Mortgage Calculator

Karl's Mortgage Calculator


(3 stars)


Download for Android Like

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.

- 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

- Don't show target values as editable when reverse calculating
- Don't allow editing property value if calculating principal
- Reduced app size
- Tested on Lollipop 5.1

- 2015 FHA rate update
- Reduced app size

- Reduced app size
- Minor bug fixes

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

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

    by Brent Wright on 24/03/2015

    I use this app daily to give clients an idea and ball park figure of what they're mortgage payment will be with taxes insurance and etc.

  • (53 stars)

    by john guillaume on 23/03/2015

    Only thing missing is the PMI calculator. And the is PMI.THIS IS DEFINITELY the bestmortgage calculator out there.

  • (53 stars)

    by Vincent Brunning on 21/03/2015

    Great tool

  • (53 stars)

    by Bd Nml on 21/03/2015


  • (53 stars)

    by Armine Grigoryan on 20/03/2015

    Very useful

  • (53 stars)

    by Mark Mehr on 19/03/2015

    Best one out there

  • (53 stars)

    by k ellis on 18/03/2015

    Excellent app. Helped me save 1000s!!!!!

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