# Mortgage Loan Calculator Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Is Mortgage Loan Calculator the right Mortgage solution for you? Explore 9 verified user reviews from people in industries like yours to make a confident choice.

Source: https://www.capterra.com/p/128242/Edsby/reviews

---

Mortgage Loan Calculator

4.6 (9)

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/)

* * *

Last updated August 24th, 2025

# Reviews of Mortgage Loan Calculator

Ease of use

4.4

Customer Service

4.0

## Showing most helpful reviews

Showing 1-9 of 9 Reviews

Sort by:

Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

Kaushik D.  
Senior Analyst  
Human Resources  
Used the software for: 2+ years

### "Loan calculator"

December 11, 2018

5.0

Pros

The best part you are the boss yourself . You don't need anyone to do a calculation. You just enter the dollar amount time and rate of interest. It's very easy to get an update d amount and you can make your own financial decisions . You don't need to reach out to any financial advisor to calculate your mortgage facts and figures this is really amazing .

Cons

I don't think there is any it gives you an opportunity to make your own financial decisions without any hassle

Review Source

nB

nitish B.  
Associate Financial Analyst  
Financial Services  
Used the software for: 2+ years

### "Easy to use and effective."

October 26, 2018

4.0

This solves the biggest problem of amortization schedule, it provide the amortization schedule accordingly to the variables provide. As in mortgage company the loan amount, the rate of interest, etc can change so it provides amortization schedule depending upon the real value of variables.

Pros

This provides a wide range of benefits starting from ease with it can be used to the effective features it had. It is very easy to use and handle. Data can be entered easily and it also offers complete amortization schedule along with useful ranges nad benchmarks.

Cons

Would like to see more features related to mortgage issues.

Review Source

VR

Verified Reviewer  
Owner  
Accounting  
Used the software for: 6-12 months

### "calculator a little harder to use "

December 20, 2018

3.0

Pros

convienant when looking for calculations for a morgage

Cons

this app is a little harder to use. but after some navigation it can be easier.

Review Source

Mitchell R.  
Shareholder  
Law Practice  
Used the software for: 6-12 months

### "Helps for a quick idea of monthly costs among several variables."

February 8, 2018

4.0

Quick and easy way to estimate monthly carrying costs for various mortgages.

Pros

Easy to enter data. Automatically updates without the need to refresh. Offers useful ranges and benchmarks.

Cons

Could be more in-depth with mortgage related issues. Could suggest alternative financing ideas and strategies.

Review Source

VR

Verified Reviewer  
Pharmacy Intern  
Banking  
Used the software for: 6-12 months

### "Takes the legwork out"

April 2, 2019

5.0

Pros

Easy and intuitive, makes calculations much faster and foolproof

Cons

This does exactly what I needed it to do, nothing negative to say

Review Source

VR

Verified Reviewer  
Managing Director  
Health, Wellness and Fitness  
Used the software for: I used a free trial

### "Take your own financial decision"

July 15, 2021

5.0

I was able to compare loans repayments from different financial institution.

Pros

Mortgage loan calculator is fairly easy to use and its free trial allows you to get the hang of it quite easily. Loan repayment schedules and amortization has never been easier.

Cons

As a loan calculator, more features in loan calculations will make it easier choice for a paid version

Review Source

BE

Bobby E.  
Banker  
Banking  
Used the software for: 6-12 months

### "Easy calculations"

November 10, 2020

5.0

Overall, it is a great tool to use with mortgage clients. Makes it easy to show payments before starting a mortgage.

Pros

It makes it very easy for me to calculate potential loans for clients. It gives me the DTI percent and other great details.

Cons

No cons, as long as you punch in everything accurately into the calculator. Very efficient tool. I highly recommend.

Review Source

VR

Verified Reviewer  
Teacher  
Education Management  
Used the software for: Less than 6 months

### "Straight to the Point"

August 28, 2019

5.0

Pros

This mortgage loan calculator is straight to the point. When researching housing prices in my area, I punch in the numbers and voila- I see my monthly payment- easy as pie!

Cons

If I don't have all the information handy- for example, the taxes for that specific area, I can't get an estimate without a number.

Review Source

SP

Susan P.  
Paralegal  
  
Used the software for: 2+ years

### "Love the features!"

April 11, 2018

5.0

Pros

Easy to use. Offers complete amortization schedule options that are not always available in other software. Clear results.

Cons

Would like to see it include additional loan options. Also, would like to see the option to add in forced payments and calculate the change in amortization.

Review Source

Similar Products

Featured