Icon of program: MortgageCalc

MortgageCalc for Windows

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Editors’ Review

Download.com staff
This app calculates mortgage payments based on loan amount, interest, duration, and frequency. Use it to determine affordability, compare loan options, or see how extra payments shorten your mortgage term.
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MortgageCalc 0/1

  • Pros

    • Calculates periodic mortgage payment amounts
    • Allows input of core loan variables
    • Helps users compare different loan schedules
    • Models the impact of added principal payments
    • Assists in determining borrowing affordability

  • Cons

    • Does not generate a full amortization schedule
    • Lacks inputs for taxes, insurance, or HOA fees
    • Does not account for Private Mortgage Insurance (PMI)
    • No support for variable-rate loan types
Icon of program: MortgageCalc

MortgageCalc for Windows

Download now

Used MortgageCalc for Windows?

Explore More

Full Specifications

GENERAL
Release
Latest update
Version
1.0
OPERATING SYSTEMS
Platform
Windows
Operating System
  • Windows 7
  • Windows 98
  • Windows ME
  • Windows XP
  • Windows 10
  • Windows Vista
  • Windows NT
  • Windows 2000
  • Windows 2003
Additional Requirements
None
POPULARITY
Total Downloads
107
Downloads Last Week
0
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Program available in other languages

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Developer’s Description

By OnlineMortgageCalc
Calculate essential mortgage related figures.
Enter the amount to be financed, interest rate, duration and payment frequency of the loan, and get the payment amount you will need to pay back each period. MortgageCalc can be used to help a current or potential real estate owner determine how much they can afford to borrow on a piece of real estateor to compare the costs, interest rates, payment schedules, or help determine the change in the length of the mortgage loan by making added principal payments.
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