Karl's Mortgage Calculator

Karl's Mortgage Calculator


(5 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

- 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

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

- Fix crash on devices with MTK6589 CPU

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

    by Ben Sanders on 19/02/2015

    Sucks download zillo mortgage calculator

  • (72 stars)

    by Kyle Holley on 14/02/2015

    Best mortgage calc I've seen

  • (72 stars)

    by Alan J on 14/02/2015

    Used for couple years, was great, Now I can't even do a simple loan amortization.. It's too complicated now and won't take my inputs unless all the stars line up.. Uninstalled

  • (72 stars)

    by Josh Oliver on 14/02/2015

    I'm always trying to create a spreadsheet of this, and some how always fail miserably. Now with my option to refinance I can easily compare my current mortgage payment to my possible refinance payment and see if its the best move for us make.

  • (72 stars)

    by William Lurcott on 13/02/2015

    Thus app WAS Awesome until some update in the last week. Now it replaces values with ones I did not enter, changes results. Horrible, but was great. I'm hoping they fix it.

  • (72 stars)

    by Edgar Rivera on 12/02/2015

    Can't adjust

  • (72 stars)

    by eric mclear on 11/02/2015

    Its a part of my daily routine in the lending world and it makes me look intelligent :)

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