Mortgage Loan Place Mortgage Calculator

MortgageLoanPlace.com is delighted to offer iPhone and iPod Touch users a unique, creative financial tool designed for anyone who likes to "slide" numbers around and create "what-if" scenarios when calculating mortgage payments and loan amounts. And the clutter-free user interface flips to reveal default settings like a simple switch to determine if the interest rate slider affects loan amount or monthly payment.

Home buyers , real estate professionals and investors will appreciate this slick re-invention of the typical mortgage calculator as you now literally slide the numbers around!


Key Features:

- Easy to grab interactive sliders let you set and change interest rates, monthly payment amount or loan amount. And they automatically re-center so you can slide to any value, not just a preset range of values.

- Automatically switches between calculating loan amount or monthly mortgage payment depending on what is being modified. No need for multiple screens or controls.

- Optional keyboard entry for precision when you need to calculate to the nearest $.01 or 1/1000th of a percent.

- Calculations for fixed-rate mortgages of any term. From the most popular 30-year & 15-year loans to the more unusual 10-year, 40-year or any number of years you enter.

- Enter your own default values so you can quickly reset to your favorite starting point.

This mortgage calculator isnt bogged down with details like PMI, property taxes, insurance, down payments and closing costs making it the perfect tool to quickly calculate mortgage payments and loan amounts with the freedom to "slide" those numbers around and test alternative scenarios.

**Note to users: There is a free, ad-supported version of this app that goes by the name "Slider Calc." just search the App Store for "Slider Calc Free". This is a temporary situation while things are being worked out between the app developer and Mortgage Loan Place.