Mortgage Calculator: Calculate Your Monthly Repayments
Mortgage Calculator is a free Android app developed by Stuart Race, designed to calculate monthly repayments on a fixed rate, capital-repayment mortgage. With this app, you can easily enter the mortgage amount, interest rate, and term in years, and get a real-time repayment amount as you type.
One of the limitations of the app is that it only offers repayment of the capital and interest. However, the developer has stated that an interest-only option might be included in the future based on user demand. The app also comes with a feedback feature that allows users to send in their requests or suggestions.
The app requires internet access to load banner adverts at the bottom. Although the adverts may be a bit of a nuisance, they are necessary to support the developer and keep the app free.
Overall, Mortgage Calculator is a simple and easy-to-use app that provides accurate results for anyone looking to calculate their monthly mortgage repayments.
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