Homebuy is a flexible mortgage calculator that uses sensible defaults to keep you from pecking around. Graph your loan and more.
Amortization tables are computed so that you can view your payment plans by month or by year. Flip your device on its side to view a chart of your balance vs. cumulative interest and cumulative principal over time.
The previous home loan configuration is kept around so that you can compare your adjustments. Great for *what if* scenarios. See how much a lower interest rate will save you over the life of the loan. Know how much a bigger down payment saves you on your monthly payment.
Turn on the fiscal guidelines to figure out how much home you can afford. Homebuy will give you a rule-of-thumb minimum gross income level.
+ Compare loan tweaks with previous calculation
+ Get answers to various _what if_ scenarios
+ Add PMI to see how it affects your loan
+ Add property taxes to your calculations
+ Toss in annual insurance
+ Learn how much house you can afford
+ View a graph of the loan in landscape mode
+ Switch between monthly and yearly amortizations
Read more at http://slidetorock.com/apps/Homebuy-mortgage-calculator.html
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An issue with iOS 4 is now fixed (7/6/10). The update took over a week to be approved, so yes, some bad reviews appeared. Sorry!
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