| iPhoneAppsPlus->Finance->iPMT Mortgage Calculator 
iPMT Mortgage Calculator | | Last changed: Mar 05, 2010 |
 | Category: Finance | | Rating:  (18) | Version: 1.2 | Size: 0.4 MB | Price: $7.99  |

Description:
:: INTRODUCING iPMT :: A powerful mortgage calculator everywhere you go. iPMT features Conventional, FHA and VA loan calculations! As requested we added the email feature in version 1.2. We are also working on a built in debt to income calculator. COMING SOON!! iPMT is the only mortgage calculator in the App Store to feature multiple loan programs. YOU GET ALL THREE LOAN PROGRAMS IN ONE APP - Conventional, FHA and VA! iPMT also automatically calculates PMI, MIP and Funding Fees as applicable. Introductory price of $7.99. See our website www.appformation.com for videos of iPMT in action. :: WHY iPMT? :: With record low interest rates, lower overall home prices and tax credits, people more than ever need to know accurate mortgage payments to make an informed decision. iPMT is a powerful mortgage calculator that allows users to calculate mortgage payments with precise accuracy. Specifically geared toward purchasing a home, iPMT is designed with the mortgage and real estate professional in mind. Although iPMT is the perfect companion for the mortgage and real estate professional, consumers can easily calculate payments as well. Packed with features, here are just a few highlights: • The only mortgage calculator in the App Store to feature multiple loan programs. You get all three loan programs in one app - Conventional, FHA and VA! • iPMT is designed to calculate precise payments when purchasing a home. Whether you are a mortgage/real estate professional accurate payment calculations are a must. • Automatically Adjusts PMI, MIP and Funding fees as the LTV and/or the Term changes! • Email the results on any loan type with our new email feature. • Stay up to date. iPMT is current with agency guidelines (maximum loan to value, mortgage insurance amounts, funding fee requirements, etc.). When industry changes occur, iPMT will be updated! • iPMT monitors loan limits and allows you to specify high-cost areas and displays a warning if a loan limit is exceeded. • Validates the down payment on all loan types and will display a warning if incorrect. • Adjust taxes, insurance and HOA dues for even more precise payments. • iPMT includes a tax rate search. iPMT remembers everything! If you're interrupted by a phone call during a calculation, simply launch iPMT again and it will remember exactly where you left off.


Reviews:
Outstanding  By: Gold Dog - Jan 31, 2010 Version: 1.1 Best mortgage app I could find! I had bought another .99 app that I thought was pretty good until it just stopped working. All my efforts to use it failed and the developer was unresponsive. So I began reviewing all others and decided on iPmt. What a great app, well worth the cost. The only negative is the inability to email the results to clients. Still, it worth buying. I am hopeful the developer will add the email function soon. I strongly reccomend this!
Best Mortgage Calculator Period!  By: strider98374 - Mar 14, 2010 Version: 1.2 WOW! this is one awesome mortgage calculator! I assume with the change to the FHA MIP in April you'll have an update? Best calc for FHA, VA And Conv. Mortgages. The City data is pretty cool too! Nice work!
Great app  By: Mile high mortgage - Mar 2, 2010 Version: 1.1 Great appVery fast and accurateSo much faster figuring out piti mip/FF on FHA/VA loans than using an HP calculator when I'm away from the officeI wish it had a refi option as well and would be nice to be able to save loan quotes and email or text to my agents or borrowers the results
About Time!  By: Mtgpro - Mar 1, 2010 Version: 1.1 Excellent app. I have been in the mtg business for over 20 yrs. I tried several of the other mortgage apps available for my iPhone and this is by far the best yet. Easy to use and very accurate. I use it every day. I highly reccomend it.
Outstanding  By: Gold Dog - Jan 31, 2010 Version: 1.1 Best mortgage app I could find! I had bought another .99 app that I thought was pretty good until it just stopped working. All my efforts to use it failed and the developer was unresponsive. So I began reviewing all others and decided on iPmt. What a great app, well worth the cost. The only negative is the inability to email the results to clients. Still, it worth buying. I am hopeful the developer will add the email function soon. I strongly reccomend this!
Its about time  By: nicetimetim - Jan 11, 2010 Version: 1.1 I wish there was an app like this when I was a Loan Office. It would have saved me so much time. of course there weren't Iphones when I was in the Mortgage industry so I could have used one of those too. Good App!
Great app  By: Toddpianin - Jan 11, 2010 Version: 1.1 Just bought this app concerned about price but it does exactly what it says. In today's market when so many people are doing FHA loans on the go it is hard to figure out the mip and this app does it. Good job
Great App!  By: Wauketaj - Jan 11, 2010 Version: 1.1 This is an awesome MUST HAVE app for every Realtor. The ability to get loan calculations for all three loan programs in one app with accuracy is great. This is just what I have been looking for. Thanks!
Best mortgage calculator period!  By: TexasLO - Jan 6, 2010 Version: 1.0 Would reccomend for anyone in the real estate industry. Great for when I need to cacluate an accurate payment for a customer but do not have my laptop. I can quickly switch loan types to compare loans for customers while customizing the rates for taxes and insurance.
Very Detailed App  By: Aaron2244 - Jan 6, 2010 Version: 1.0 Was hesitant to spend the money on this but after watching the video tutorials on the website I was sold. I am in the process of buying a home and this app helped me with the payments. I was looking for an estimate and was so surprised to see how accurate these payments actually were. Very helpful!
Nicely done  By: abomb2422 - Jan 7, 2010 Version: 1.1 I've been looking for a mortgage calculator that would distinguish between different loan programs. This dedintely does it well. Would like to see 80/10/10 and 80/15/5 options in a future release. Overall very well done.
Mortgage professional  By: Mortgagechic - Feb 13, 2010 Version: 1.1 You can't save loans and there is no email feature. No way to put in other expenses to get a true dti. The only thing this is good for is to get the mi upfront fee factors.
Way too limited  By: ScottyfromBI - Mar 14, 2010 Version: 1.2 For the price, I wanted to be able to compare different scenarios. This app is limited to only a few scenarios and does not allow for options such as turning off PMI or calculating with less than the required down payment. for example, I can not calculate interest only payments for 10 years and then calculate what happens when the loan converts to variable at high or low ceilings adding say 2% or 3% etc. for the balance of the 20 years remaining on the loan. Or what happens to the following monthly payments if I were to make principal payments on occasion during the first 10 years of the interest only loan. This is a very common situation and one that users need to address. If the app developer would allow a user to turn on and off the options or over ride the options now locked in, I could raise the rating, but as it is, it is just too limited and not of very much use. There are far better calculators available on line for free.

| Worldwide rank of iPMT Mortgage Calculator in Finance | | Reported by http://www.iPhoneAppsPlus.com Sep 08 2010 01:51:36 View Image | | Country | Top Paid | United States | 192 | Argentina | 211 | Brazil | 208 | China | 234 | Czech Republic | 180 | Indonesia | 278 | Romania | 142 | Russia | 260 | Saudi Arabia | 217 | Singapore | 293 | South Africa | 261 | Thailand | 264 | Turkey | 186 | United Arab Emirates | 290 |
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