Mortgage Pal - Loan Calculator 3.7

Appeum Inc – Freeware – iOS
out of 1800 votes

Mortgage Pal: Your Ultimate Loan Calculator

David Fischer

01/23/2025

Mortgage Pal by Appeum Inc offers a user-friendly platform for calculating mortgage payments, helping potential homeowners plan their finances effectively.

Looking to optimize your mortgage payments and make more informed financial decisions? Look no further than the "Mortgage Pal - Calculator" app. This all-in-one tool offers three valuable features:

Mortgage Payment Calculator
Mortgage Affordability Calculator
Current Mortgage Rates & Trends

With this app, you can conveniently calculate a variety of loan and mortgage scenarios, including PMI, tax, and other relevant fees. By utilizing the Mortgage Pal app, you can potentially save on mortgage interest fees and gain a clearer understanding of your payment schedule.

The Mortgage Payment Calculator provides detailed payment schedules, allowing you to visualize how your payments are allocated between interest and principal. It also showcases the potential savings from additional or lump sum payments. With thorough analysis, you'll be able to track the interest amount paid per month.

The Mortgage Affordability Calculator helps determine how much you can borrow based on critical factors like income levels and expenses. By applying industry-standard debt-to-income ratios, this tool provides a reliable assessment of your mortgage affordability.

Stay up-to-date with current mortgage interest rates and explore trends using the Mortgage Rate Trends Visualizer. With user-friendly graphs and charts, you can easily monitor fluctuations in fixed-rate and adjustable-rate mortgages over time.

Best of all, Mortgage Pal is completely free to use, without requiring an account or internet access. It's no wonder that realtors, mortgage brokers, financial planners, and homeowners alike trust this app for their mortgage calculations.

We value your feedback! If you have any suggestions or comments, please don't hesitate to reach out via email. Additionally, we would appreciate if you could rate our app in the store and share it with your peers.

Overview

Mortgage Pal - Loan Calculator is a Freeware software in the category Business developed by Appeum Inc.

The latest version of Mortgage Pal - Loan Calculator is 3.7, released on 10/22/2023. It was initially added to our database on 10/22/2023.

Mortgage Pal - Loan Calculator runs on the following operating systems: iOS.

Users of Mortgage Pal - Loan Calculator gave it a rating of 5 out of 5 stars.

Pros

User-friendly interface that makes calculations simple and quick.
Provides various loan types including fixed-rate and adjustable-rate mortgages.
Allows users to input different variables such as loan amount, interest rate, and term to see potential payments.
Includes features for additional costs like property taxes and insurance for a more accurate estimate.
Offers graphs and breakdowns of total interest paid over time.
Contains tips and educational resources about mortgage processes.

Cons

Limited to basic loan calculation functions; lacks advanced features like comparing multiple scenarios.
Some users may find advertisement presence within the app distracting.
Occasional glitches or crashes reported by users on certain devices.
May not synchronize or save data across multiple platforms or devices.
Support resources may be limited in case of complex queries.

FAQ

What is Mortgage Pal?

Mortgage Pal is a loan calculator application designed to help users estimate their mortgage payments based on various financial inputs.

Who is the developer of Mortgage Pal?

Mortgage Pal is developed by Appeum Inc.

Is Mortgage Pal free to use?

Yes, Mortgage Pal is available free of charge for users.

What features does Mortgage Pal offer?

Mortgage Pal offers features such as loan amount input, interest rate adjustments, loan term selection, and the calculation of monthly payments.

Can I calculate different loan scenarios with Mortgage Pal?

Yes, users can adjust parameters to calculate different loan scenarios and see how changes affect their monthly payments.

Is there a mobile version of Mortgage Pal?

Yes, Mortgage Pal is available as a mobile app for both iOS and Android devices.

Does Mortgage Pal provide information on mortgage rates?

Mortgage Pal primarily calculates payments based on user-input rates; it does not provide live mortgage rate information.

Is my personal information safe with Mortgage Pal?

Mortgage Pal does not store personal information unless communicated explicitly by users; it's advisable to review the privacy policy for details.

Can I use Mortgage Pal for refinancing calculations?

Yes, users can input details for refinancing scenarios and calculate potential payment changes.

Where can I download Mortgage Pal?

Mortgage Pal can be downloaded from the Apple App Store or Google Play Store.

David Fischer

I am a technology writer for UpdateStar, covering software, security, and privacy as well as research and innovation in information security. I worked as an editor for German computer magazines for more than a decade before joining the UpdateStar team. With over a decade of editorial experience in the tech industry, I bring a wealth of knowledge and expertise to my current role at UpdateStar. At UpdateStar, I focus on the critical areas of software, security, and privacy, ensuring our readers stay informed about the latest developments and best practices.

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