- 14.0LEGITIMACY SCORE
- 17.0SAFETY SCORE
- 4+CONTENT RATING
- $0.99PRICE
What is Quick Mortgage Comparisons? Description of Quick Mortgage Comparisons 981 chars
Quick Mortgage Comparisons allows comparison between two mortage alternatives. Either alternative may be a fixed-rate mortgage or an adjustable-rate mortgage (ARM).
For a fixed-rate mortgage, you must supply the principal amount of the loan, the term of the loan in months, and an annual interest rate in percent.
An adjustable-rate mortgage has additional conditions: the initial term of the ARM's first interest rate period, the interest rate adjustment that will take effect during each subsequent step defined by the step frequency in months, and lastly the maximum interest rate or cap after applying each of the steps of interest. So, for example, an ARM that has an initial interest rate of 2% per annum, steps of 0.5% each 12 months, and a maximum interest rate of 6% per annum will take 8 years of step increases to go from 2% to 6% annual interest rate.
Naturally, the monthly principal and interest payments required will adjust with each step increase of the ARM.
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- Should I download Quick Mortgage Comparisons?
- Quick Mortgage Comparisons Screenshots
- Product details of Quick Mortgage Comparisons
Quick Mortgage Comparisons App User Reviews
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Quick Mortgage Comparisons Pros
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Quick Mortgage Comparisons Screenshots
Product details of Quick Mortgage Comparisons
- App Name:
- Quick Mortgage Comparisons
- App Version:
- 3.0
- Developer:
- MSYapps
- Legitimacy Score:
- 14.0/100
- Safety Score:
- 17.0/100
- Content Rating:
- 4+ Contains no objectionable material!
- Language:
- EN
- App Size:
- 1.39 MB
- Price:
- $0.99
- Bundle Id:
- QuickMtg2
- Relase Date:
- 15 March 2013, Friday
- Last Update:
- 07 February 2022, Monday - 02:10
- Compatibility:
- IOS 12.0 or later
- Updated to accommodate newer versions of iOS. - Removed Facebook and Twitter links..
