iPhone 5S compatible. iBorrower is a simple and easy to use mortgage calculator that comes with some features not available in other mortgage calculators on the iTunes App Store. Besides loan calculations, it allows you to conduct additional payment scenarios & pay off scenarios and estimate annual tax deductible housing expenses.
*** What-If Scenarios***
1.If you make additional payment, how soon can you pay off the loan and how much will you save on interest?
2.If you want to pay off in x number of years, what is your monthly payment and how much will you save on interest?
***Tax Deductible Housing Expenses***
1.Estimated annual interest payment
2.Projected annual property taxes payment
***Total Housing Payment***
***Amortization schedule***
***Ease of use – large number keypad***
***Ease of navigation – never have to scroll to input numbers***
*** Intuitive & user-friendly user interface***
Features
1.Mortgage calculator for buyer
2.Loan calculator for borrower (home, auto, credit card loans)
3.What-If scenarios
4.Estimated annual interest expense
5.Estimated annual property tax expenses
6.Email feature – email results to clients
7.Monthly payment
8.Monthly housing payment summary
9.Total monthly payment summary
10.Amortization schedule