Simple Mortgage Payment is a free iPhone app developed by Blitz Sports Inc. It falls under the “Business & Productivity” category, specifically the “Finance” subcategory. This app allows users to easily calculate monthly mortgage payments or determine affordable home prices based on various factors.
With Simple Mortgage Payment, users can input the down payment, interest rate, term, and home price to calculate monthly payments. This feature is especially helpful for individuals who want a clear understanding of their mortgage commitment before making a decision. The app delivers accurate results and considers all necessary variables, making it a reliable tool for financial planning.
Alternatively, users can calculate the home price they can afford based on their down payment, interest rate, term, and desired monthly payment. This is particularly useful for those on a budget who want to understand the maximum home price they can consider.
In summary, Simple Mortgage Payment is a user-friendly application that offers two essential features for individuals with mortgage needs. Whether you need to calculate monthly payments or determine the home price you can afford, this app provides accurate results to help you make informed financial decisions.
