Easily calculate your loan or mortgage payments by entering principal, interest and payment duration.
You can calculate home mortgage, car loans and another types of loans with the Loan (Mortgage) Calculator app. It is very easy to use, by entering loan amount, interest rate and payment duration you will get all the details about your mortgage payments.
Loan (Mortgage) Calculator helps you determine the total monthly mortgage payment, inclusive of principal, interest.
Loan (Mortgage) Calculator is a useful app for anyone who needs to take a loan or mortgage from bank for a home or for car or for any other financial needs. Especially planning your budget with it is very easy. For using it, all you need to enter the amount you plan to get as loan, your planned payment period and the interest rate. With Loan (Mortgage) Calculator you can get results of your equated monthly instalments (EMI) you need to pay in order to get the loan easily.
This app supports 3 calculator modes, basic, with graph and detailed. Among three different calculators,
Basic one support any world currencies and it is general loan calculator.
With Graph and Detailed ones are mortgage specific loan calculators.
With Graph version enables you to enter a down payment amount as percentage and calculate your mortgage monthly pay with a visual pie-chart graph showing interest, principal and down payment.
And Detailed one gives you the opportunity to enter yearly tax and insurance expenses as well your down payments and calculate your monthly mortgage payment accordingly. This version calculator with taxes allows you to include property taxes and homeowner's insurance that you can get full mortgage payment amount. It calculates approximately the monthly fee payments separately for FHA (Federal Housing Administration) loans, VA (Veterans Affairs) loans, USDA (United States Department of Agriculture) loans or Conventional loan cases for US market specific. And it shows you the details on taxes and fees.
Loan (Mortgage) Calculator is free. You can use this loan calculator for any type of loans.