MortgageCALC has been designed specifically for Microsoft Mobile devices. 

It utilizes the capabilities of Windows Mobile devices like no other loan calculator program, providing the invaluable tool for anyone involved in finance or real estate.

          Current version is 1.6.004 released on 31/12/2009

MortgageCALC will 'solve' loan calculations based upon users input. 

Example: to solve loan repayments:-

Step 1. Input loan amount,

Step 2. Input term in years (and and/or months if applicable),

Step 3. Input interest rate and select compounding period. Common US/AUS/ENG/NZ etc. period is monthly, Canada is half yearly, others?

Step 4. Input periodic fees (if applicable), and fee charging period, and

Step 5. Select/Press "Pmt" button to calculate repayment.

This example is for payments, however MortgageCALC can solve Loan Amount, Term, Payment, Rate or Fee, based upon the other input values.

Once "solved" loan amortisation calculations can be completed, with graphing of calculations and creation of a amortisation table.  Variations to a loan can then be made (Rate/Term/Pmt etc) and the calculations compared.

MortgageCALC can be installed to either a Mobile Device's main memory or to it's storage card. Program is installed using the CAB install method.

MortgageCALC is launched from the program icon located the Mobile Device's 'Start Menu'.

The NumPad layout used by MortgageCALC can be amended for different Windows Mobile hardware and software keyboards layouts. 

See Menu>Options>Settings...

MortgageCALC requires that Mobile Device be provisioned with Microsoft® .NET Compact Framework 2.0 ('NetCFv2') or greater. 

All Windows Mobile 6 ('WM6') devices are equipped with NetCFv2.  

Windows Mobile 5 ('WM5') Smartphones and PocketPCs may require an upgrade to NetCFv2 depending on the version of operating system.

The upgrade to NetCF can be downloaded for free from http://www.microsoft.com/downloads/ (see downloads for Mobile Devices)

                     

MortgageCALC requires that the user have a basic understanding of loan structures. 

Program uses standard formulas, and results are based on periodic, constant payments and constant interest rates.

The calculations may vary from those quoted by some finance companies. Finance policy and calculation methods adopted by a finance company can influence loan terms.

While every effort has been taken to ensure the accuracy of information provided by MortgageCALC no responsibility will be accepted by the author for decisions made using it. You should confirm calculations with the institutions involved in your dealings.  

MortgageCALC for Windows Mobile is freeware for personal, non-commercial use only. 

Program is protected by international copyright laws and may not be sold or otherwise distributed without the prior permission of the author. 

Aim of Project 

To produce the 'perfect' principal & interest loan calculator for Windows Mobile.

Contact       

The author of this program can be contacted at xda-development.com by comment on the MortgageCALC discussion thread or by a private message addressed to 'gm_fisher'.