Report updated Apr 16, 2026
Mortgage Calculator™
For homebuyers, homeowners looking to refinance, and individuals seeking to optimize their existing mortgage through early payoff strategies.
Mortgage Calculator™ is a market-leading finance app that is a paid app. With a 4.7/5 rating from 138 reviews, it delivers strong user satisfaction. Users particularly appreciate loan modeling and payoff strategies, though feature limitations remains a common concern.
What makes this app unique?
What Does It Look Like?
What Are The Key Features?
Allows users to simulate various mortgage scenarios, including extra payments, to visualize long-term savings.
Enables side-by-side comparison of up to 4 different mortgage deals.
Specific support for Adjustable Rate Mortgages (ARM) including 3/1, 5/1, and 7/1 structures.
Provides a detailed monthly breakdown of costs, including principal, interest, tax, insurance, and PMI.
How much does it cost?
- iOS version: One-time purchase of $1.99
- Android version: Free (ad-supported or basic utility)
The app uses a premium one-time purchase model on iOS to signal professional quality, while using a free model on Android to capture a broader, less specialized audience.
Who Built It?
MH Riley
Providing utility-focused financial tools and niche lifestyle applications for users seeking manual control over their data.
Portfolio
11
Apps
What other apps does MH Riley make?
Explore the full MH Riley report
Portfolio breakdown, audience, momentum, and every app published by MH Riley.
What do users think recently?
High confidence · 49 reviews analyzed
How did the latest release land?
What is the recent mood?
Recent user voice shows a thrilled sentiment. Users appreciate loan modeling and payoff strategies and accuracy and utility, but report feature limitations and calculation/logic issues.
Limited review volume (49 reviews). Sentiment analysis will deepen as more data lands.
View the full user-sentiment analysis
Mood gauge, ratings & review-volume history, every praise / complaint / request, and sentiment over time.
What is the competitive landscape for Mortgage Calculator™?
Where is it available?
Localized markets (20)
How's The Finance Market?
How does it evolve in the Finance market?
Rank progression
26 active rankings tracked — 30-day window
The rivals identified
The outtake for Mortgage Calculator™
Strengths to defend, gaps to attack
Core Strengths
- Advanced 'What-If' modeling for extra payments
- High calculation accuracy and user trust
- Support for complex ARM loan structures
- Multi-loan side-by-side comparison
Critical Frictions
- No cross-platform data synchronization
- Infrequent update cycle (last updated 2021)
- Lack of bi-weekly payment frequency support
- Minor UI bugs in tax input logic
Growth Levers
- Modernize UI to compete with newer 'Payoff Planner' apps
- Introduce real-time interest rate integration
- Expand into home equity tracking and refinance alerts
Market Threats
- Free integrated calculators from Zillow and Redfin
- Modern niche competitors with superior UX
- Declining visibility in Paid Finance charts
Key Takeaways
Mortgage Calculator™ is a market-leading finance app that is a paid app. With a 4.7/5 rating from 138 reviews, it delivers strong user satisfaction. Users particularly appreciate loan modeling and payoff strategies, though feature limitations remains a common concern.
Where Is It Heading?
Trend analysis
Available very soon