Karl's Mortgage Calculator
Free
2.5.2for iPhone, iPad and more
Age Rating
Karl's Mortgage Calculator Screenshots
About Karl's Mortgage Calculator
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.
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.
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What's New in the Latest Version 2.5.2
Last updated on May 30, 2023
Old Versions
2.5.2
- 50 extra payments (was 30)
- 50 interest rates (was 9)
- Fixed payments (negative amortization)
- Preserve term reduction on rate change setting
- Stacked amortization graph setting
- Zero interest rate is now valid
- Email subject is loan name
- Email breaks out monthly expenses
- 100B principal, 10B repay
- Remove ads menu option
- Fix only five interest rates saved
- Updated insurance rates
- Remove analytics tracking
- 50 extra payments (was 30)
- 50 interest rates (was 9)
- Fixed payments (negative amortization)
- Preserve term reduction on rate change setting
- Stacked amortization graph setting
- Zero interest rate is now valid
- Email subject is loan name
- Email breaks out monthly expenses
- 100B principal, 10B repay
- Remove ads menu option
- Fix only five interest rates saved
- Updated insurance rates
- Remove analytics tracking
Show More
Version History
2.5.2
May 30, 2023
2.5.2
- 50 extra payments (was 30)
- 50 interest rates (was 9)
- Fixed payments (negative amortization)
- Preserve term reduction on rate change setting
- Stacked amortization graph setting
- Zero interest rate is now valid
- Email subject is loan name
- Email breaks out monthly expenses
- 100B principal, 10B repay
- Remove ads menu option
- Fix only five interest rates saved
- Updated insurance rates
- Remove analytics tracking
- 50 extra payments (was 30)
- 50 interest rates (was 9)
- Fixed payments (negative amortization)
- Preserve term reduction on rate change setting
- Stacked amortization graph setting
- Zero interest rate is now valid
- Email subject is loan name
- Email breaks out monthly expenses
- 100B principal, 10B repay
- Remove ads menu option
- Fix only five interest rates saved
- Updated insurance rates
- Remove analytics tracking
2.2
Nov 16, 2017
This app has been updated by Apple to display the Apple Watch app icon.
2.2
- USDA loans
- new FICO ranges and MGIC rates
- updated CMHC rates
- show total/LTV in tables
- highlight current date in tables
- more currencies added
- iPhone X support
- bug fixes
2.2
- USDA loans
- new FICO ranges and MGIC rates
- updated CMHC rates
- show total/LTV in tables
- highlight current date in tables
- more currencies added
- iPhone X support
- bug fixes
2.1
May 23, 2017
Email report
Balloon loans
Bug fixes
Balloon loans
Bug fixes
2.0
Feb 12, 2017
Better handling of saved data between sessions
Load and save multiple loans
Bug fixes
Load and save multiple loans
Bug fixes
1.0
Dec 4, 2015
Karl's Mortgage Calculator FAQ
Click here to learn how to download Karl's Mortgage Calculator in restricted country or region.
Check the following list to see the minimum requirements of Karl's Mortgage Calculator.
iPhone
Requires iOS 13.0 or later.
iPad
Requires iPadOS 13.0 or later.
iPod touch
Requires iOS 13.0 or later.
Karl's Mortgage Calculator supports English
