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Karl's Mortgage Calculator

Name: Karl's Mortgage Calculator
Availability: InStock
Rating: 4.26 (200 reviews)

The precise, data-driven tool for analytical homeowners. Factor in PMI, HOA, and taxes to see your true costs, then simulate extra payments to shave years off your mortgage and save thousands in interest.

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Key Figures

Downloads

397K+

User Rating

4.3/5

Total Ratings

200

Publisher

Karl Jeacle

Advanced Tools for Strategic Financial Planning

Stop relying on ballpark estimates. Get the granular data you need to master your mortgage, optimize your cash flow, and build long-term wealth.

Comprehensive Cost Analysis

Calculate the true cost of ownership by factoring in PMI, HOA fees, property taxes, and insurance for a 100% accurate monthly budget.

Early Payoff Optimizer

Run 'what-if' scenarios with extra payments to see exactly how much interest you can save and how many years you can shave off your loan.

The following screenshots and description are sourced directly from the app's official store listing and are the property of the app developer.

App Store

Screenshots

Karl's Mortgage Calculator - The input screen of Karl's Mortgage Calculator app showing data fields for property value, principal, interest rate, and loan term. — The input screen of Karl's Mortgage Calculator app showing data fields for property value, principal, interest rate, and loan term.

Karl's Mortgage Calculator - Monthly mortgage payment schedule showing interest principal and balance breakdown. — Monthly mortgage payment schedule showing interest principal and balance breakdown.

Karl's Mortgage Calculator - Karls Mortgage Calculator payment graph showing interest principal and extra payments over time — Karls Mortgage Calculator payment graph showing interest principal and extra payments over time

Karl's Mortgage Calculator - A pie chart showing a breakdown of total mortgage payments into interest principal and extra payments — A pie chart showing a breakdown of total mortgage payments into interest principal and extra payments

Karl's Mortgage Calculator - Summary screen of Karl's Mortgage Calculator showing loan details including interest savings and term reduction — Summary screen of Karl's Mortgage Calculator showing loan details including interest savings and term reduction

Description

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.