Mortgage Saver - The iPhone Application To Help You Save On Your Mortgage | DescriptionWhether you are doing research on a new home loan or reviewing your current Mortgage, it's time you took back some control of your Mortgage!!
Mortgage Saver takes the complexity out of calculating loan repayments. Mortgage Saver is a powerful and easy to use financial calculator for the iPhone and the iPod Touch.
Lenders forget to tell you about the simple payment options that can SAVE you money.
Our Mortgage Saver iPhone application will show you how much interest you will save on a loan by changing your repayments from Monthly to Fortnightly or Weekly. By changing your loan repayments you will see the huge savings of interest payments and the reduction in the loan term on your mortgage all on one screen instantly. By using the simple extra payments feature you can also see in seconds what effect extra payment amounts will have on your mortgage.
Simply type in the Loan Amount, Interest Rate and the Term of the loan and Mortgage Saver does the rest. Within seconds you can calculate the monthly repayments for different types of fixed rate loans like:
- Home Loans
- Car Loans
- Boat Loans
- Credit Card Loans
- Student Loans
- and many more….
Once you are happy with the results, email the information to yourself or a friend. NOTE: Results are indicative only and will not represent quotes or pre-qualification for a loan.
|
Features- See how much interest you can save by changing your repayments to fortnightly and weekly;
- A smart “Time Saved” feature when changing your repayment frequency;
- See the effect extra repayments have on both interest and "Time Saved" when repaying your loan;
- Just enter an email address and touch “Send” to email the loan you want;
- All the important information is displayed on the one screen; and is
- Simple, clean, intuitive and a very easy to use application.
Instructions1. The top Blue Region Fill in your "Loan Amount" in this format: 3000000 (not 300,000 or 300 000) Fill in your "Interest Rate" in this format: 6.00 without the "%" sign (not 0.06, 6.00%) Fill in your "Term" of your loan in years, in this format: 25 (not 300 months) Click "Done" on the keypad.
2. The Purple Region - Modify the frequency of your repayments from Monthly to Fortnightly or Weekly by clicking on the buttons
- To see the effect of making an "Extra Contribution" type in your amount in the same format as the "Loan Amount" and click "Done"
3. The Light Green Region - Check out your new repayments amounts based on your changes in the Purple Region
4. The Dark Green Region - Check out the "Interest Saved" and "Time Saved" from making your previous changes
- Take notice of how much you can really SAVE in the green area with Mortgage Saver!!
You can test as many repayment scenarios as you like. Once you find a Mortgage Saver repayments schedule that is right for you click on the "Email" button and send yourself or a friend the details.
Feedback & Suggestions We'd love to hear your feedback and suggestions for improvement.
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
to give us your thoughts about Mortgage Saver.
|
