Best Mortgage Calculator Apps for iOS - Expert Picks 2025
These 11 mortgage calculator apps stand out for their accuracy, ease of use, and unique features, helping users make informed financial decisions with real-time calculations and comprehensive tools.
Our Top Pick
The best mortgage calculator app for iOS
Why It's #1
- Live recalculation
- Amortization summary
- Custom payment schedules
Screenshots
About Mortgage Calculator 2 by Simon Burgess
Use our "Mortgage payment calculator" to estimate your monthly mortgage payment. You can input a different home price, down payment, loan term and interest rate to see how your monthly payment changes. Our monthly payment estimates are broken down by principal and interest, property taxes and home insurance. We take our calculator a step further by factoring in your property taxes, home insurance, HOA fees and other costs to give you a more precise payment estimate. Youโll also go into the home-buying process with a more accurate picture of how to calculate mortgage payments and purchase with confidence. Our application will help you: - Relevant analysis on your payments. - Give an amortization schedule with your detailed information regarding when, what and how much you are paying. - Save to compare different loans. - Gives you a chart to show the percentage of interest and principal. We are very happy to serve you. If you have any requests, don't hesitate to contact us. - https://www.facebook.com/phan.nhatdang.3/ - phannhatd@gmail.com
Overview
These 11 mortgage calculator apps stand out for their accuracy, ease of use, and unique features, helping users make informed financial decisions with real-time calculations and comprehensive tools.
Homebuyers, real estate professionals, and anyone planning a mortgage need these apps to estimate payments, compare loan options, and understand interest impacts without complex spreadsheets.
We evaluated based on user ratings, feature set, interface design, pricing value, and real-world usability, including input flexibility and output clarity.
Why Mortgage Calculator 2 by Simon Burgess is Our #1 Pick
Key Reasons:
Real-time calculation updates
High user rating of 4.93/5
Comprehensive summary details
Standout Features:
Instant recalculation with every input change
Detailed amortization schedule
Support for various payment frequencies
"Users love the immediate feedback and accuracy, making it effortless to tweak loan parameters and see results instantly."
- What users love most
Our Recommendations
Best Overall
Mortgage Calculator 2 by Simon Burgess
Combines high accuracy, real-time updates, and a free price point, making it the most versatile and user-friendly option.
๐ Best Free
Mortgage Calculator: Payment by Phan Nhat ฤang
Offers essential features without cost, ideal for users needing simple, reliable calculations.
๐ Best Premium
Mortgage Calculator Pro by SVT Software
Worth the $0.99 for an ad-free, fast experience tailored for professionals and serious users.
Easiest to Use
Mortgage Calculator Plus by AppRebel, Inc.
Despite lower rating, its simplified design makes it accessible for beginners, though users should be cautious of potential issues.
Most Innovative
Rocket Mortgage by Rocket Mortgage, LLC
Integrates calculation with actual loan services, representing a shift towards all-in-one mortgage management apps.
The 11 Best mortgage calculator Apps
Mortgage Calculator 2 by Simon Burgess
Pros:
- Updates calculations instantly
- Easy to use interface
- No ads or in-app purchases
Cons:
- Limited advanced features
- No export options
The top choice for real-time mortgage calculations with unmatched responsiveness.
Mortgage Pal - Loan Calculator by Appeum Inc
Pros:
- Includes three different calculator tools
- User-friendly design
- Helps save on mortgage costs
Cons:
- Ad-supported in free version
- Can be overwhelming for beginners
A versatile tool with multiple calculators for comprehensive loan analysis.
Rocket Mortgage by Rocket Mortgage, LLC
Pros:
- Integrated with a major lender
- Comprehensive loan application features
- Seamless payment management
Cons:
- Tied to Rocket Mortgage services
- May have privacy concerns
Not just a calculator but a full mortgage management app with lender integration.
RECalc Mortgage Calculator by 3magic
Pros:
- Combines mortgage and general calculations
- Ad-supported but functional
- Calculates various loan aspects
Cons:
- Ads can be intrusive
- Interface is basic
A free ad-supported calculator that doubles as a traditional math tool.
Percentage Calculator: Percent by Applorium Ltd
Pros:
- 12 common percentage calculations
- Fast and efficient
- Useful for financial math
Cons:
- Not specialized for mortgages
- Limited to percentage-based inputs
Focuses on percentage calculations with mortgage-related features included.
Mortgage Calculator: Payment by Phan Nhat ฤang
Pros:
- Simple and easy to use
- Allows input of different parameters
- Free of charge
Cons:
- Basic functionality only
- No advanced features
A straightforward app for estimating monthly payments with variable inputs.
Mortgage Calculator- Home Loan by giang pham
Pros:
- Calculates weekly, bi-weekly, etc. payments
- Shows interest savings
- User-friendly
Cons:
- Ads may be present
- Interface could be modernized
Supports multiple payment frequencies and early payoff calculations.
Mortgage Calculator Pro by SVT Software
Pros:
- No ads
- Fast and accurate
- Ideal for brokers and realtors
Cons:
- Costs $0.99
- Might be overkill for casual users
A paid app designed for professionals with quick calculation capabilities.
Karl's Mortgage Calculator by Karl Jeacle
Pros:
- Reverse calculation feature
- Simple interface
- Free to use
Cons:
- Limited to basic calculations
- No extra tools
Allows reverse calculations to find missing variables in loan equations.
Loan,Mortgage ,Tip Calculator by Blue Sodium Corp
Pros:
- Multiple calculators in one
- Based on a best-selling app
- Free with enhancements
Cons:
- Lower rating suggests issues
- Could be cluttered
An expanded calculator app with multiple tools including mortgage and tip calculations.
Mortgage Calculator Plus by AppRebel, Inc.
Pros:
- Claimed ease of use
- Top finance app in some regions
- Free
Cons:
- Low user rating of 3.43/5
- May have reliability issues
Marketed as easy to use but has a lower rating indicating potential drawbacks.
Comparison Insights
Key Differences
Apps vary from basic calculators to comprehensive suites; some specialize in reverse calculations or payment frequencies, while others include additional tools like tip calculators.
How to Choose
Consider accuracy, ease of use, feature set, pricing, and user reviews; prioritize apps with high ratings and relevant features for your needs.
Common Limitations
Most apps cannot handle complex loan structures or provide personalized advice; they are estimation tools only and may not account for all fees or taxes.
Emerging Trends
Increased integration with AI for personalized recommendations, more apps offering lender connections, and enhanced visualization tools for better user understanding.
Key Insights
Top-rated apps focus on real-time updates and multi-tool functionality; free apps are common but may have ads; paid options offer ad-free experiences; integration with lenders is a growing trend.
Buying Guide
Essential Features
- โขAccurate payment estimation
- โขInput flexibility for loan terms
- โขClear amortization schedules
Nice to Have
- โขMultiple calculator tools
- โขExport options for data
- โขAd-free experience
โ ๏ธ Red Flags
- โขLow user ratings indicating bugs
- โขExcessive ads that hinder use
- โขLack of transparency in calculations
Pricing Expectations
Most apps are free with ads; paid versions cost around $0.99 to $2.99 for enhanced features and no ads.
Frequently Asked Questions
What is the most important feature in a mortgage calculator app?
Accuracy and ease of use are crucial; look for apps that update calculations in real-time and allow flexible input of home price, down payment, interest rate, and term.
How do I choose between a free and paid mortgage calculator app?
Free apps are great for basic needs but may have ads; paid apps offer ad-free experiences and often more features, so choose based on your usage frequency and tolerance for interruptions.
Are these apps difficult to learn for someone new to mortgages?
Most apps are designed to be user-friendly with simple interfaces; start with basic apps like Mortgage Calculator: Payment by Phan Nhat ฤang, and avoid overly complex ones if you're a beginner.
Conclusion
The best mortgage calculator apps for iOS in 2025 offer a range of features from real-time calculations to lender integrations, with top picks balancing functionality, ease of use, and value.
After careful comparison, the key differentiators in this category are: Apps vary from basic calculators to comprehensive suites; some specialize in reverse calculations or payment frequencies, while others include additional tools like tip calculators.
Our Final Recommendation
For most users, Mortgage Calculator 2 by Simon Burgess is the best choice due to its high rating and real-time features; consider paid options if you need ad-free precision.
What We're Hoping to See in the Future
Expect more apps to incorporate AI for personalized advice and deeper integration with financial services, enhancing their utility beyond simple calculations.
Current Trends: Increased integration with AI for personalized recommendations, more apps offering lender connections, and enhanced visualization tools for better user understanding.