Mortgage Calculator & Mortgage Rates - Zillow Mortgage Marketplace Screenshots

Description

From the makers of iTunes most popular real estate app comes this elegantly designed mortgage app that provides real-time rates, easy-to-use calculators, and the ability to shop for mortgages on the spot.

Calculate how much home you can afford, what your mortgage payment will be and whether it makes sense to refinance. Plus, receive personalized loan quotes from rated and reviewed lenders and contact them when youre ready.

MAIN FEATURES:

* Mortgage Calculators

Affordability calculator:
Determine the home price you can afford and money left over after your mortgage payment. Ideal mortgage calculator for renters or first time homebuyers.

Payment calculator:
See your estimated monthly mortgage payment and how it breaks down into principal, interest, taxes and mortgage insurance. Re-adjust figures for different home price, down-payment and rate scenarios.

Refinance calculator:
Estimate how much money you could save if you refinance. Includes breakeven point and savings over the life of the loan.

Each home loan calculator includes: Interactive sliders and data input fields, cool, data-generated charts, simple and advanced calculator views, and fields pre-filled with latest rates and cost estimates.

* Mortgage Rate Shopping

Three steps to get low purchase or refinance rates from trusted lenders on Zillow Mortgage Marketplace:

1) Create a custom loan request:
Enter details about the loan you want, your budget and estimated credit score. Do this anonymously no need to enter personal contact info.

2) Lenders respond to request:
Lenders instantly return loan quotes with details on the monthly payment, interest rate and lender fees.

3) Borrowers decide:
Borrowers review lender ratings and reviews and compare loan quotes. Borrowers then contact a lender they like instantly.

Zillows mortgage shopping experience gives borrowers choice on average borrowers receive 18 custom quotes for a purchase or refinance mortgage loan request and borrowers can select from a broad set of product options including an FHA loan or a VA loan.


Interactive Rate Graphs

- Customize graphs of interest rates by time span, loan program and geography
-Get a snapshot of current mortgage rates today, with current mortgage rates updated in real-time
- View intraday changes of mortgage interest rates, or graph rates by day, week, month, 3 months, 1-year, and 2-year time frames
- Choose from 30 year fixed mortgage rates, 15 year mortgage rates, and 5/1 ARM
- Includes state and national rate trends

All mortgage calculator, loan quote shopping and rate graph results can be shared via email.

What's New in Version 1.3

- More responsive sliders (can also input exact values with keypad)
- Feature to email a link to your custom loan search so you can transfer results to your desktop or tablet
- Bug fixes

Customer Reviews

Excellent (5 stars)
Does exactly what it says it does. Even has advanced features for adding in housing authority charges an other fees for a more accurate calculation.

Good app (4 stars)
App works well, rates seem lower than what the market will bare. Time will tell

Excellent (5 stars)
One of the more extensive mortgage calculation apps out there.

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