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Karl's Mortgage Calculator

Category: Finance Date:2024-08-21 08:42:01

Rating: 4.2 Tags: Home

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Introduction

Introducing Karl's Mortgage Calculator, the ultimate tool for all your mortgage calculations. Whether you're a prospective homeowner or looking to refinance, this app has got you covered. With just a few simple inputs, you can calculate your mortgage payments based on the principal, interest, and term. But that's not all – this app is packed with features! Want to see how a down payment affects your mortgage? No problem. Curious about additional costs like taxes and insurance? Just enter the numbers and watch the monthly payment change instantly. Plus, with support for various types of mortgages and the ability to pay off your loan early with extra payments, you have complete control over your finances. And don't worry about complicated calculations – the app offers multiple rounding options and even supports multiple currencies. So why wait? Download Karl's Mortgage Calculator now and take charge of your mortgage journey today!

Features of Karl's Mortgage Calculator:

* Mortgage payment calculator: This app allows you to easily calculate your mortgage payments by entering the principal, interest, and term of your loan.

* Reverse calculation: You can also use the app to reverse calculate any one variable given the other three, making it convenient for finding the ideal mortgage for your needs.

* Down payment calculation: Input your desired down payment amount or percentage, and the app will show you the size of the mortgage you require.

* Additional costs consideration: The app takes into account additional loan costs such as PMI, HOA, taxes, and insurance, giving you a more accurate monthly payment estimate.

* Support for various mortgage types: Whether it's a fixed rate mortgage or an adjustable rate mortgage (ARM), this app has got you covered. It even supports interest-only mortgages.

* Early mortgage payoff: With the option to make extra payments, you can pay off your mortgage faster. The app allows you to add one-off, monthly, and annual extra payments, showing you how much money you can save on your loan.

Conclusion:

With support for various mortgage types, accurate calculations, and additional costs consideration, Karl's Mortgage Calculator is a must-have for anyone looking to understand their mortgage better. Download now and take control of your mortgage payments.

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More Information

File size: 3.10 M Latest Version: 3.11

Requirements: Android Language: English

Votes: 163 Package ID: com.drcalculator.android.mortgage

Developer: DrCalculator.com

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