Mortgauge (Basic)

Calculate your monthly payments for a fixed-rate loan with this simple tool! Try this easy-to-use mortgage calculator!

Would you like to figure out just how much you can borrow and still stay within budget? Stuck haggling in the car dealership and need to adjust your price point? Just use the convenient sliders and get instant monthly payment calculations!

Want to change the slider ranges? Just long-press on the slider titles to change the range values for that slider! For example, touch "Principal:" above the first slider bar and you will see a popup dialog that will let you adjust the Min, Max, and Step size for the principal.

This basic version of the tool allows you to tweak the 3 major inputs to the classic formula:
- Principal Amount
- Fixed Interest Rate
- Loan Term (in years)

Formula credit (no affiliation): http://www.mtgprofessor.com/formulas.htm