Wolfram Mortgage Calculator Reference App

Wolfram Mortgage Calculator Reference App

By Wolfram Group LLC

  • Category: Finance
  • Release Date: 2011-09-30
  • Current Version: 1.3.1
  • Adult Rating: 4+
  • File Size: 13.15 MB
  • Developer: Wolfram Group LLC
  • Compatibility: Requires iOS 9.3 or later.
Score: 1
1
From 6 Ratings

Description

Looking for the ultimate mortgage calculator? The Wolfram Mortgage Calculator Reference App is that and more with basic and advanced options for fixed and adjustable rate mortgages and bonus features to assist with your home buying decision. Compute the monthly payment, interest rate, and loan term that will be best for you, and view payment and amortization schedules for each. Features include: - Fixed rate mortgage calculators to estimate monthly payments, with advanced inputs to include points, balloon payment, tax rate, and more - Adjustable rate mortgage calculators for 1-, 3-, 5-, and 7-year periods and various rate cap structures - Basic mortgage calculations to quickly analyze different scenarios - Amortization calculations to provide additional insight into your mortgage or to study any type of loan - Nominal to effective rate computations - A depreciation calculator for investment property depreciation - Bonus information on housing prices, utility prices, and current interest rates - Bonus rent vs. buy and relocation calculators to inform your decisions The Wolfram Mortgage Calculator Reference App is powered by the Wolfram|Alpha computational knowledge engine and is created by Wolfram Research, makers of Mathematica—the world's leading software system for mathematical research and education. The Wolfram Mortgage Calculator Reference App draws on the computational power of Wolfram|Alpha's supercomputers over a 3G, 4G, or Wi-Fi connection.

Screenshots

Reviews

  • Bad

    1
    By Real Estate Expert
    Only returns results from the website. Poorly formatted for iOS device. Frequently misinterprets inputs.
  • A sore disappointment

    1
    By sixmemos
    Hard to believe this came from wolfram. I had purchased this thinking this would harness the power of wolfram alpha with its ability to pull real world, realtime data into calculations (mortgage rates? Local property taxes? Housing trends and real estate market performance customized to your location?) I was so far off the mark. Instead it is a ridiculously simplistic calculator that is unacceptably buggy to boot. Avoid. I will be seeking a refund on principle.
  • Interface is horrible

    1
    By Artinnj
    Can't see interest rate while typing it in Can't see monthly payment breakdowns. Expect more from the brains behind Mathematica.
  • I love Wolfram, I hate this app

    1
    By Veraxus
    Wolfram makes some really useful tools - tools that are flexible and recognize real-world descriptions and values, and then give you useful information back. This app is NOT useful. It forces you to use specific values for input types (for instance, down payment is a percentage, and causes an error if you try to use a cash value)... and the app isnt smart enough to auto-fill values with local information (like tax rate). The app also doesn't allow you to take other pieces of information into account, like Mello Roos. Wolfram Mortgage would be less than useful if it were free (and with no retina support, it's pretty darn ugly too)... but at $1.99 it should be avoided at all costs. Check out "Mortgage Calculatorâ„¢" instead (its the one with the gold-and-brown logo).
  • Poor app

    1
    By FooBar66
    The interface is terrible, try the Numbers spreadsheet - it is much better.

Comments

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