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My Mortgage Mentor - Mortgage Calculator, Analysis & Comparison

  • Category: Finance
  • Released date: 12/17/2010
  • Current Version: 2.0.2
  • Seller: Mark Riley
  • Recommended Age: 4+
  • Download Size: 5350000
  • Last Update: 07/22/2011
  • Requirements: All

iPhone Screenshots

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iPad Screenshots

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*** SALE NOW ON - 50% off ***

*** Now featured as 'What's Hot' by Apple ***

My Mortgage Mentor has one aim - To SAVE YOU MONEY on your mortgage!

If you're buying a house, looking to re-finance, or simply want to make the most of your existing mortgage, then this is the perfect app for you.

Try out various 'What-If' scenarios and quickly see how extra payments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off extra payments, at any period during the loan. Then watch the total loan length and cost go down. You may be surprised by just how much!

Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year.

★★★★★ "...beautiful, simple graphs which make tricky decisions a whole lot easier."

★★★★★ "...really helped me to compare the different mortgage deals"

★ Highlights ★
Specially designed for the US market:

✔ See effect of regular or one off Extra Payments
✔ Calculate the 'True Cost', by including Tax etc
✔ Takes into account PMI
✔ Try out various 'What-If' scenarios
✔ Support for ARM 3/1, 5/1, 7/1 mortgages
✔ Charts allow easy visualisation of the costs
✔ Make an informed choice by comparing loans
✔ Elegant, simple and powerful user interface

★ Quick Calculators ★
Super quick calculators for instant answers:

✔ How much can you afford to borrow?
✔ Monthly Payments
✔ Money Saving Effect of Extra Payments
✔ Cost of Moving House

★ Analyse & Compare ★
Visualise mortgage costs in simple, easy to understand charts:

✔ Store details of multiple mortgages
✔ Easily see the costs for each year with a slide of the finger
✔ Try out various 'What-If' scenarios
✔ Include Tax, Insurance, PMI in the payments
✔ Support for 'Repayment' or 'Interest Only'
✔ Monthly breakdown of costs (Amortization)
✔ Compare up to 4 mortgages side by side
✔ Support for ARM 'Initial Rates' e.g. 4% for 3 years

★ Voted #1 Property App - ★
"The strongest arrow in its quiver is the way it handles hypothetical situations, letting you analyze all manner of mortgage-related queries, such as how much you can afford to borrow, and a variety of other what-if scenarios..."

Note that multiple currencies are supported!

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