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Real Estate Calc: Mortgage & Home Loan Qualification Calculator app for iPhone and iPad


4.0 ( 4540 ratings )
Business Finance
Developer: Skynetric LLC
0.99 USD
Current version: 3.3.7, last update: 7 years ago
First release : 12 Jan 2010
App size: 1.39 Mb

★★★New Feature Added: Now you can input the % for Property Taxes. It will automatically calculate the property tax amount based on the purchase price! (Note: We do realize this may be more than what the property tax may be. Property Taxes are based on assessed value varying by City/County which could be equal or less than the Purchase Price. We will add the feature to input assessed value % in future updates!)★★★

Thanks everyone for your support and suggestions!

★Note: Amortization Table Feature only requires a one-time purchase for unlimited use. You will only be charged once.★

The more reviews we get the more features we will add! So keep the reviews coming everyone! If we decide to add a feature that you suggest, we may even give you a Shoutout!

If you are buying or selling a house, a Real Estate Agent, Real Estate Investor or a Loan Officer this is the perfect App for you!
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Key Features:

★ Email Detailed Reports: By popular demand, we have added an email feature to quickly send detailed reports to yourself, clients, friends, etc. without leaving the app. You can also customize the reports before you send them.

★ Features an easy to use user interface.

★ A mortgage calculator to let you know how much your estimated monthly payments will be.

★ Optional mortgage amortization chart will give you a monthly breakdown of the payments you make each month for the life of the loan.

★ A Loan Qualifier for calculating the required income for the desired purchase price. This will calculate the Front End and the Back End, you will be able to modify the requirement rates.

★ Down Payment for the Mortgage Calculator and Loan Qualifier can be entered as percentage or dollar value. It will automatically convert from percentage to dollar value or the reverse.

★ A Cashflow Calculator for figuring out whether the property will make you money or taking money out of your pockets. Great for Investors to get an estimate before they make an offer!

★ A Commission Calculator for Real Estate Agents to see what their potential commission is for the transaction. Also great for sellers to find out what they are paying their Agent!

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More additional functions and features will be developed for this app. We will also listen to your suggestions and comments to make this App even better for everyone.

Who should purchase this App?
-People in the Mortgage industry: Loan Officers, Mortgage Brokers, etc.
-Real Estate Agents and Brokers.
-Real Estate Investors.
-Home Buyers.
-Home Sellers.
-Property Managers.

Pros and cons of Real Estate Calc: Mortgage & Home Loan Qualification Calculator app for iPhone and iPad

Real Estate Calc: Mortgage & Home Loan Qualification Calculator app good for

The design of this app is easy to use. It has many features.You should discover this app now!!!!
The most complete Real Estate/Mortgage Calculator I have seen so far! It really covers everything! Great tool for Realtors and Bankers
I bought this app to be a replacement when I lose or dont have my actual real estate calculator. I use the Calculated Industries 3415 Qualifier Plus IIIX Real Estate Finance Calculator, which is THE easiest to use calculator Ive come across. I was hoping this app would have been more like an actual calculator. This app is very simple, straight forward and user friendly, but there are times when I need to literally "add" something into the loan amount and then calculate the monthly payment. Like on the qualifier plus you can just type in the dollar figure (loan amount) then add x amount of dollars to that figure (like closing costs), then hit "loan amount" (run the interest and term,) and voila, theres your payment. Also, if you could display the loan amount too, that would be excellent. It is important to be able to see what the total cost is, the down, the BALANCE, and the monthly. Do that, and its perfect!
But please add a Loan Amount field. This calculator would be just about complete with it. "Sales Price", check..."Down Payment", check...."LOAN AMOUNT"...please! Clients need to understand the bottom line in simple, easy to read, easy to follow terms.
Really like it but would like it more if I could enter what buyers want to pay month
It is simple, quick and accurate. That is all I have time for.

Some bad moments

If this is going to be sold as an iPad app it needs to work in landscape.
for $1.99 this app does lots of things- except show actual real estate mortgage interest calculations. why do I have to pay extra for an ammortization table?
Application was fairly user friendly and provided the basic information you need. Not sure why you need to pay 0.99 every time you want an amortization table. Also the one time I tried to get the amortization table and realized it was going to cost, I declined but was charged. Since I emailed my complaint several days ago, I have had not response.
"Free" gets you a few basic calculations. Then each additional has a price.
Is there no support for this app? (sites not coming up, maybe temporarily down?) Is there a way to turn off the annoying sound when calculating? I dont see any settings or preferences. Also, irritating popup asking me to buy amort schedule keeps popping up even after Ive clicked NO multiple times. Oh well, another app to uninstall.
It eliminated decimals and rounded figures on its own. Not good