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  • #: 170628
  • Price: $1.99 In Apple Store
  • Category: Finance
  • Updated: 2011-02-01
  • Current Version: 1.1.1
  • 1.1.1
  • Size: 0.30 MB
  • Language: English
  • Seller: David Morneault
  • Requirements: Compatible with iPad. Requires iOS 4.2 or later.
  • © 2010 dmorneault
  •  Add to Favorite apps



Quickly calculate your monthly mortgage payment with MrgtCalc. This app features slider bars on all of the values so you can see how each field will affect the monthly payment. There is a graph of your balance versus interest paid as well as your balance and interest with extra payments applied to the loan. There is an option to show you the full amortization schedule with a selectable start date. You have to option to email or print the quote. You can save your quotes to the ipad and store them in separate groups. It will also calculate your housing debt ratio and your total debt ratio. The following fields are available to add into the payment calculation -

1. Purchase Price

2. Down payment (percent or dollar amount)

2. Rate

3. Length

4. PMI rate (on/off option)

5. MIP rate (on/off option)

6. Taxes (dollar amount or millage rate)

7. Home owners deduction on taxes

8. Insurance

9. HOA dues

10. Annual income

11. Monthly debt

12. Extra payments

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The information may be outdated (2011-04-21 11:53:53). For actual information go to iTunes

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