Zillow Mortgage Calculator and Home Loan Calculator for iPhone and Android devices has been downloaded over one hundred thousand times and has received over five thousand five star ratings since release.
It is one of the best smartphone applications for home loan calculators and also has a built in shopping feature.
Many users find the application “Relatively easy to use and navigate”.
The popular Mortgage Calculator and Real Estate application for iPhone and Android devices received a major update yesterday, which contained visual updates along with some security and bug fixes.
The changes to the apps visual design are quite major compared to the previous version and many users of this application have already given the new update five star ratings such as “Love the new app update – not as dark and is still awesomely useful as before.”
Whilst a lot of users prefer to do mortgage and home loan calculations at their bank or mortgage broker, many are transitioning to online and mobile technology due to sheer convenience.
Some of the key features of this application can be found below.
For home shoppers:
- Affordability calculator determines how much house you can afford
- Mortgage payment calculator estimates monthly payment and breaks it into principal, interest, taxes and mortgage insurance
- Real-time, personalized mortgage rates to help you lock a loan on the go
- Rated and reviewed lenders that you can connect with directly through the app
For homeowners:
- Refinance calculator estimates your breakeven point and shows money savings over time
- New HARP program quoting provides custom refinance rates for underwater homeowners
You can check out the Zillow Mortgages iPhone application here or the Android version here.
Have you used the Zillow application? Let us know what you think about this application in the comments below.