Mortgage Loan Calculator Ratings

Overall
4.5/5
Ease of Use
4.5/5
Customer Service
4/5

About Mortgage Loan Calculator

This calculator evaluates six numeric inputs and solves for two unknown values such as loan amount and monthly payments. Learn more about Mortgage Loan Calculator

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Showing 7 of 7 reviews

Showing Most Helpful

Showing 7 of 7 reviews

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Rating
Company Size
Reviewer's Role
Length of Use
Frequency of Use
nitish b.
Associate Financial Analyst
Financial Services, 501-1000 employees
Used the software for: 2+ years
Overall Rating
4/5
Ease of Use
4/5
Customer Service
4/5
Features
4/5
Value for Money
4/5
Likelihood to Recommend
8/10
Reviewer Source 
Source: Capterra
October 26, 2018

“Easy to use and effective.”

OverallThis 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.
ProsThis 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.
ConsWould like to see more features related to mortgage issues.
Reviewer Source 
Source: Capterra
October 26, 2018
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Kaushik D.
Senior Analyst
Human Resources, 5001-10,000 employees
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
5/5
Features
5/5
Value for Money
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
December 11, 2018

“Loan calculator”

ProsThe 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 .
ConsI don't think there is any it gives you an opportunity to make your own financial decisions without any hassle
Reviewer Source 
Source: Capterra
December 11, 2018
Susan P.
Paralegal
Unspecified
Used the software for: 2+ years
Overall Rating
5/5
Ease of Use
5/5
Customer Service
4/5
Features
5/5
Value for Money
5/5
Reviewer Source 
Source: Capterra
April 11, 2018

“Love the features!”

ProsEasy to use. Offers complete amortization schedule options that are not always available in other software. Clear results.
ConsWould 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.
Reviewer Source 
Source: Capterra
April 11, 2018
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Mitchell R.
Shareholder
Law Practice, 51-200 employees
Used the software for: 6-12 months
Overall Rating
4/5
Ease of Use
3/5
Customer Service
3/5
Features
4/5
Value for Money
3/5
Likelihood to Recommend
7/10
Reviewer Source 
Source: Capterra
February 8, 2018

“Helps for a quick idea of monthly costs among several variables.”

OverallQuick and easy way to estimate monthly carrying costs for various mortgages.
ProsEasy to enter data. Automatically updates without the need to refresh. Offers useful ranges and benchmarks.
ConsCould be more in-depth with mortgage related issues. Could suggest alternative financing ideas and strategies.
Reviewer Source 
Source: Capterra
February 8, 2018
Verified Reviewer
Banking, 501-1000 employees
Used the software for: 6-12 months
Overall Rating
5/5
Ease of Use
5/5
Features
4/5
Likelihood to Recommend
9/10
Reviewer Source 
Source: Capterra
April 2, 2019

“Takes the legwork out”

ProsEasy and intuitive, makes calculations much faster and foolproof
ConsThis does exactly what I needed it to do, nothing negative to say
Reviewer Source 
Source: Capterra
April 2, 2019
Verified Reviewer
Education Management, 11-50 employees
Used the software for: Less than 6 months
Overall Rating
5/5
Ease of Use
5/5
Features
5/5
Likelihood to Recommend
10/10
Reviewer Source 
Source: Capterra
August 28, 2019

“Straight to the Point”

ProsThis 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!
ConsIf 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.
Reviewer Source 
Source: Capterra
August 28, 2019
Verified Reviewer
Accounting, 1-10 employees
Used the software for: 6-12 months
Overall Rating
3/5
Ease of Use
4/5
Customer Service
4/5
Features
5/5
Likelihood to Recommend
7/10
Reviewer Source 
Source: Capterra
December 20, 2018

“calculator a little harder to use ”

Prosconvienant when looking for calculations for a morgage
Consthis app is a little harder to use. but after some navigation it can be easier.
Reviewer Source 
Source: Capterra
December 20, 2018