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

3.2.1
- 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 JERRY IBARRA on 11/07/2014

    Jerry Ibarra

  • (72 stars)

    by Tom Klarks on 11/07/2014

    Awsome app. If your an investor and visit imopen hones alot. This ones fir you.

  • (72 stars)

    by AA MM on 11/07/2014

    Great app

  • (72 stars)

    by Ja B on 11/07/2014

    I'm a Realtor and I love having this on my Tablet and phone.

  • (72 stars)

    by Adam Deyo on 11/07/2014

    This has been the best mortgage app since the beginning. Thanks Karl!

  • (72 stars)

    by Basant Bastola on 10/07/2014

    Basant

  • (72 stars)

    by Mohinder Gill on 10/07/2014

    Great App for calculating mortgagee payments.