Latest Version
2.5.2 Safe to install
2.5.2 Safe to install
This is the Pro version of Karl's Mortgage Calculator. The main improvement over the free version lies in the removal of advertisements.
- Calculate mortgage payments based on principal, interest, and term. Perform reverse calculations to determine any one variable by inputting the remaining three.
- Enter a down payment amount or percentage to determine the necessary mortgage size.
- Explore how your monthly payment varies when adding additional monthly or annual loan costs like PMI, HOA, taxes, and insurance.
- The calculator supports both Fixed and Adjustable Rate Mortgages (ARM) with provisions for up to five interest rate changes. It also accommodates Interest-only mortgages.
- Facilitate early mortgage payoff by making extra payments. Add one-off, monthly, or annual extra payments. Options for up to six additional amounts and payment periods are available to illustrate potential savings on the loan.
- Select from weekly to annual loan payments and modify the compounding period from daily to yearly intervals. Additionally, the calculator caters to Canadian mortgages and UK annual rest mortgages.
- Various rounding options are provided for loan calculations, including no rounding, round half up/down, to even, ceil, and floor.
The calculator also features support for the input and display of multiple currencies.
Overview
Karl's Mortgage Calculator Pro is a Commercial software in the category Business developed by Karl Jeacle.
The latest version of Karl's Mortgage Calculator Pro is 2.5.2, released on 06/18/2024. It was initially added to our database on 06/18/2024.
Karl's Mortgage Calculator Pro runs on the following operating systems: iOS.
Users of Karl's Mortgage Calculator Pro gave it a rating of 5 out of 5 stars.
Pros
- User-friendly interface with easy-to-use features
- Ability to calculate mortgage payments, loan terms, and amortization schedules
- Includes graphs and charts to visually display mortgage information
- Option to compare different mortgage scenarios side by side
- Provides detailed breakdown of principal, interest, and balance over time
Cons
- No integration with financial institutions for real-time rates or account syncing
- May not be as feature-rich as other mortgage calculators on the market
- No mobile app availability, limited to desktop use only
Screenshots (Click to view larger)
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