Mortgage Plus – Calculator 1.0.2

Mortgage Plus – Calculator 1.0.2

DigitAlchemy LLC – Freeware – iOS
out of 4 votes
Latest Version
1.0.2
Safe to install

Simplify Your Home Financing with Mortgage Plus

Pete Milner

Mortgage Plus by DigitAlchemy is a user-friendly calculator that helps homebuyers easily estimate and manage mortgage calculations, making the home-buying process less stressful.
2025 Editor's Rating
EXCELLENT User Rating

The Mortgage Plus - Home Affordability Calculator offers a comprehensive tool for managing the home finance process, allowing users to gain a clearer understanding of their mortgage options.

Upon entering relevant financial data, users can:

  • Estimate total and monthly principal and interest mortgage payments over the life of a fixed-rate loan.
  • Review a detailed amortization schedule.
  • Determine eligibility for a loan and identify affordable housing options based on gross income, debt-to-income ratio, and other financial parameters.

This application also explains key mortgage and real estate terms, making it accessible for first-time homebuyers or those unfamiliar with the topic.

The mortgage calculator feature allows users to interactively adjust various parameters such as property value, down payment, loan amount, interest rate, loan term, and monthly payment. As users manipulate these sliders, all relevant indicators update in real-time, providing a dynamic view of how changes in one variable influence others.

Additionally, the home affordability calculator assesses gross income alongside current debt payments to calculate the debt-to-income ratio that lenders typically consider for loan qualifications. By incorporating details regarding planned down payment amounts or percentages, interest rates, and loan duration, users can gauge both their potential mortgage qualifications and what home prices are within their reach.

For enhanced financial insight, the app facilitates credit score checks through CreditKarma and provides real-time interest rate information from Bankrate without requiring users to exit the application.

Overview

Mortgage Plus – Calculator is a Freeware software in the category Business developed by DigitAlchemy LLC.

The latest version of Mortgage Plus – Calculator is 1.0.2, released on 12/27/2024. It was initially added to our database on 12/27/2024.

Mortgage Plus – Calculator runs on the following operating systems: iOS.

Users of Mortgage Plus – Calculator gave it a rating of 5 out of 5 stars.


Pete Milner

Pete Milner

I'm Pete, a software reviewer at UpdateStar with a passion for the ever-evolving world of technology. My background in engineering gives me a unique insight into the intricacies of software, allowing me to provide in-depth, knowledgeable reviews and analyses. Whether it's the newest software releases, tech innovations, or the latest trends, I'm here to break it all down for you. I work from UpdateStar’s Berlin main office.

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