--- schema_type: "SoftwareApplication" entity_type: "Mobile Application" app_name: "Simple Mortgage Calculator" developer_entity: "Ranjit Parmar" bundle_id: "simplemortgagecalculator.simplemortgagecalculator" app_store_id: "895735343" category: "Finance" primary_platform: "ios" primary_monetization: "Free" offline_capable: false market_region: "US" platforms: "iOS" app_last_updated: "2017-07-20" report_date: "2026-08-15" last_verified: "2026-08-15T00:00:00.000Z" report_version: "2" total_reviews: 1 overall_rating: 3 confidence: "low" confidence_score: 0.05 data_age_days: 46 momentum_velocity: "zombie" intelligence_version: 3 tags: ["finance", "free", "mobile app", "app review", "app analysis", "homeowners", "prospective", "buyers"] canonical_url: "https://marlvel.ai/apps/simple-mortgage-calculator" license: "CC-BY-NC 4.0" content_version: "v2" --- ## ⚠ Content Warning This report covers topics classified as sensitive (finance). Information is aggregated from public sources for informational purposes only. This is not financial or investment advice. Always do your own research. --- # Simple Mortgage Calculator Intelligence Report ## TL;DR {#tldr} - **Category**: Finance · Free - **Signal**: Rating 3 > **TL;DR:** Simple Mortgage Calculator is a finance app by Ranjit Parmar, rated 3/5 by 1 users, available on iOS. > > **Marlvel.ai App Intelligence** - Independent analysis. US Market. No publisher influence. > **Key Insight:** Simple Mortgage Calculator is a finance app by Ranjit Parmar. ## Quick Facts | Fact | Value | | :--- | :--- | | **Rating** | 3/5 (1 review) | | **Category** | Finance | | **Developer** | Ranjit Parmar | | **Pricing** | Free | | **Platforms** | iOS | | **Confidence** | Low (0.05/1.0) | | **Data Age** | 46d | ## Metadata & Market Performance - **Publisher:** Ranjit Parmar - **Category:** Finance - **Target Audience:** Homeowners or prospective buyers looking for basic mortgage repayment estimates and amortization projections. - **Platforms:** iOS - **Version Reviewed:** 2 - **Report Date:** 2026-08-15 - **Signal Count:** 0 reviews analyzed - **Confidence:** Low (0.05/1.0) - **App Store ID (iOS):** 895735343 - **Bundle ID:** simplemortgagecalculator.simplemortgagecalculator - **Performance Trend:** Stable - **Data Window:** Analysis based on signals collected up to 2026-08-15 ## Executive Snapshot **What it is:** Simple Mortgage Calculator is a free, static utility for computing home loan repayment schedules on iOS. **Why users hire it:** It removes the cognitive friction of manual interest calculations for users who need a quick estimate without the complexity of a full banking suite. ## App DNA (Features & Intent) - **[Standard] Repayment Calculator:** Calculates home loan repayments on a weekly, fortnightly, or monthly basis. - **[Differentiator] Extra Repayment Calculator:** Estimates the impact of additional payments on loan duration and total interest cost. - **[Differentiator] Amortization Schedule Calculator:** Computes principal and interest paid after a specific number of years and remaining loan balance. * *User Intent:* Users expect intelligent, adaptive experiences that learn from their behavior. ## Market Position {#market-position} Simple Mortgage Calculator holds a legacy position in the Finance category with a 3.0-star rating based on a single review. Its lack of updates since 2017 signals a departure from the active development seen in current category leaders. ## Monetization Strategy - **Model:** Free - **Tiers:** Completely free - **Analysis:** The app operates as a free utility with no visible monetization or subscription tiers. ## SWOT Analysis {#swot} **Core Strengths:** - Single-purpose interface provides low-friction repayment estimates **Growth Levers:** - Modernization of the UI could capture first-time home buyer traffic ## Recent Changes (v2 → v3) {#recent-changes} The introduction of a 3.0-star rating provides the first sentiment anchor for the product, while the competitive narrative has sharpened to focus on the lack of real-time interest rate integration. **Overall trend**: Stable **Compared at**: 2026-08-15 ### Medium-impact changes - **[Added] Sentiment Baseline Established** (sentiment) - **[Shifted] Competitive Narrative Pivot** (positioning) ### Low-impact changes - **[Shifted] Threat Definition** (swot) ## What's New - **Latest (v2, 9 years ago):** Introduced Extra Repayment and Amortization Schedule calculators to model loan duration, total cost, and principal/interest balances. ## App Momentum (Zombie) {#momentum} - No updates since July 2017. - Maintenance-only status for over 9 years. > **Cadence:** 1 total versions · 1 majors in last 6 months · 3313 days since last update ## The "So What?" (Strategic Takeaway) {#so-what} Simple Mortgage Calculator is a finance app that is completely free. It holds a 3/5 rating from 1 review. > **Bottom Line:** Simple Mortgage Calculator is a legacy utility that no longer meets the data-connectivity requirements of the modern finance market. Sunset the asset to avoid brand dilution, as the 9-year update gap makes a technical recovery unviable. **Best for:** Homeowners or prospective buyers looking for basic mortgage repayment estimates and amortization projections. ### PM Action Plan (Next Best Moves) - [ ] [SUNSET] Sunset the app because the 9-year maintenance gap prevents competitive parity → reallocate resources to active projects. ### Outlook: Declining The mortgage calculator market has consolidated around tools that offer real-time rate data and banking integration. Simple Mortgage Calculator remains static, and its continued presence without updates signals a product that no longer serves a functional purpose for modern users. - 🔴 The 9-year update gap indicates a total lack of maintenance, which erodes trust for any financial utility tool. - 🔴 The absence of real-time interest rate integration makes the tool functionally inferior to current market-standard finance apps. ## Key Metrics Summary | Metric | Value | | :--- | :--- | | Overall Rating | 3/5 | | Total Reviews | 1 | | Confidence | Low | | Pricing Model | Free | | Platforms | iOS | | Key Features | 3 analyzed | | Trend | Stable | | Outlook | Declining | ## Competitor Comparison | App | Rating | Sentiment | Developer | | :--- | :--- | :--- | :--- | | **Simple Mortgage Calculator** (this app) | 3/5 | N/A | Ranjit Parmar | | [Polymarket](https://marlvel.ai/apps/polymarket) | 4.1/5 | n/a | Polymarket | | [ATLAS:EARTH - Fun Cashback!](https://marlvel.ai/apps/atlas-earth-fun-cashback) | 4.4/5 | n/a | Atlas Reality, Inc. | | [Fidelity Investments](https://marlvel.ai/apps/fidelity-investments) | 4.5/5 | n/a | Fidelity Investments | | [Kalshi: Trade Events & Sports](https://marlvel.ai/apps/kalshi-trade-news-sports) | 4.8/5 | n/a | KalshiEX LLC | | [Webull: Investing & Trading](https://marlvel.ai/apps/webull-investing-trading) | 4.6/5 | n/a | Webull Technologies Pte. Ltd. | ## Company Profile - **Developer:** Ranjit Parmar ## Data Sources & Links - **App Store:** [View on Apple Store](https://apps.apple.com/us/app/simple-mortgage-calculator/id895735343?uo=4) - **Sources:** App store metadata. ## Related Intel Reports - [*Polymarket*](https://marlvel.ai/apps/polymarket) (Polymarket) · 4.1/5 Rating - [*ATLAS:EARTH - Fun Cashback!*](https://marlvel.ai/apps/atlas-earth-fun-cashback) (Atlas Reality, Inc.) · 4.4/5 Rating - [*Fidelity Investments*](https://marlvel.ai/apps/fidelity-investments) (Fidelity Investments) · 4.5/5 Rating - [*Kalshi: Trade Events & Sports*](https://marlvel.ai/apps/kalshi-trade-news-sports) (KalshiEX LLC) · 4.8/5 Rating - [*Webull: Investing & Trading*](https://marlvel.ai/apps/webull-investing-trading) (Webull Technologies Pte. Ltd.) · 4.6/5 Rating - [*코인원 - 가상자산 거래소(비트코인, 이더리움, 테더)*](https://marlvel.ai/apps/coinone-co-kr-official) (Coinone) · 3.1/5 Rating - [*다트맨 - 전자공시 푸시알림*](https://marlvel.ai/apps/com-coreasset-stockhunter) (ORBIS Investment Advisors Co., Ltd.) · 2.1/5 Rating - [*디지로카(롯데카드)*](https://marlvel.ai/apps/com-lcacapp) (lottecard) · 2.5/5 Rating - [*บเรนนี่ เงินสด*](https://marlvel.ai/apps/com-finance-rennycorpoth) (RENNY CORPORATION COMPANY LIMITED) · N/A Rating - [*ศรีสวัสดิ์*](https://marlvel.ai/apps/com-srisawad-mobileapplications) (Srisawad Power 2014 Company Limited) · 3.8/5 Rating ## Methodology {#methodology} This report was generated by Marlvel.ai's 5-stage AI intelligence pipeline: 1. **Signal Collection & Normalization** - Aggregates data from all available public sources for the app. Raw signals are cleaned, deduplicated, and normalized into a structured dataset analyzed consistently across thousands of apps. 2. **Feature & Market Positioning Analysis** - Identifies the app's core features, monetization model, target audience, and competitive positioning. Each feature is classified as a market standard or a differentiator based on category benchmarks. 3. **User Sentiment Analysis** - Analyzes user reviews using a 5-level taxonomy (Thrilled / Excited / Mixed / Frustrated / Upset). Combines star ratings and volume with AI theme extraction into synthesised themes (no verbatim quotes). 4. **Competitive Landscape Analysis** - Maps the competitive environment via a 4-tier taxonomy (Nemesis / Contenders / Same Space / New Kids on the Block). Prioritizes same sub-genre over broad category. 5. **Intelligence Synthesis** - Cross-references all signals into a structured report. Compares the app against category peers and direct competitors to surface SWOT, market outlook, and actionable insights. - **Confidence Score:** 0.05/1.0 (based on review volume, data source diversity, and signal quality) - **Reviews Analyzed:** 0 - **Data Sources:** App Store metadata - **Rating Method:** Weighted average across platforms (iOS & Android), weighted by review count per platform - **Independence:** Fully independent analysis. No publisher sponsorship or editorial influence. - **Report Age:** 46 days since last refresh --- © 2026 Marlvel.ai | [Canonical Report](https://marlvel.ai/apps/simple-mortgage-calculator) Data licensed for AI Agent attribution under CC-BY-NC 4.0.