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.

- 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

- 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

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

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

    by Tasahul Center on 20/12/2014

    Excellent product

  • (54 stars)

    by Joe A on 18/12/2014

    Great for the shopper or real estate agent

  • (54 stars)

    by Mustafa S on 17/12/2014

    Its quite comprehensive and there are numerous options to determine the various loan repayment options.

  • (54 stars)

    by Mukesh Desai on 16/12/2014


  • (54 stars)

    by Sridharan Kuppa on 15/12/2014

    Excellent mortgage, even I did not find equivalent one in the web.

  • (54 stars)

    by Diana Bustamante on 11/12/2014

    I use this app daily in the real estate business. I love it. It's easy to use.

  • (54 stars)

    by David Chang on 09/12/2014

    Great app

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