MrgtCalcHD by DMorneault (iPad)
Released: Dec 1, 2010
Version: 1.1.2
Size: 293 KB
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Ranking - Finance (iPad)


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

What's new in version 1.1.2
Improved stability.
Our verdict: Meh!
  • = MrgtCalcHD has average ratings (3-star).
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