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iMortgages

iMortgages
  • #: 169877
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2011-03-15
  • Current Version: 1.11
  • 1.11 (iOS 4.0 Tested)
  • Size: 0.30 MB
  • Language: English
  • Seller: Simon Henin
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.0 or later
  • © 2010 Pallis Design
  •  Add to Favorite apps

 

Description

+ Version 1.1

- Updated decimal point percentage calulations

- minor bug fixes

FEATURES

* Standard Monthly Mortgage Calculation

* Rent vs. Buy Calculations

The financial world for buying a house has changed. Take control of your house buying and mortgage application process by being able to calculate what the costs will be for you over time, after-taxes. This way, you know how much you can afford, whether refinancing will pay off, whether you should rent instead of buying, and whether it pays to increase your principal payments or up your investing instead.

This App allows you to calculate the answers to these and other financial questions relating you home ownership. The input/output includes standard mortgage principal and interest payments, the after-tax amount for these payments using your tax bracket, the comparison of home ownership costs, including property taxes and maintenance, vs. renting, over time, and the savings on total interest paid by increased principal payments vs. the portfolio value you would have if invested instead.

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The information may be outdated (2011-04-21 10:15:08). For actual information go to iTunes


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