RECalc is a free version of RECalc Pro, a Real Estate Mortgage Loan Calculator that also functions as a traditional Mathematical Calculator.
RECalc offers various calculations for loans, including Monthly Payment, Term, Interest Rate, and Loan Amount. It also provides standard mathematical calculations like any other calculator. When you make changes to any of the calculation variables, you can instantly recalculate any of the other values.
In addition to monthly compounding, RECalc supports semi-annual compounding (Canadian Amortization). By simply clicking a button, you can view the complete Loan Summary and Amortization Table for your calculation. You also have the option to email this information to your desktop or save the loan for future reference.
Whether you are a real estate professional, mortgage broker, first-time homebuyer, or considering refinancing, RECalc is a valuable tool conveniently accessible on your iPhone or iPod touch.
Overview
RECalc Mortgage Calculator is a Freeware software in the category Business developed by 3magic.
The latest version of RECalc Mortgage Calculator is 3.1.2, released on 10/07/2023. It was initially added to our database on 10/07/2023.
RECalc Mortgage Calculator runs on the following operating systems: iOS.
Users of RECalc Mortgage Calculator gave it a rating of 5 out of 5 stars.
Pros
- Simple and easy-to-use interface makes it user-friendly for all levels of expertise.
- Allows users to quickly calculate mortgage payments, loan amounts, interest rates, and more.
- Offers detailed amortization schedules to help users visualize their mortgage payoff timeline.
- Provides accurate calculations based on user input for a more precise estimate.
- Compatible with various devices, including desktops, smartphones, and tablets.
Cons
- Lacks advanced features such as additional financial calculators and investment analysis tools.
- May not offer as many customization options compared to other mortgage calculator applications.
- Some users report occasional glitches or bugs that may affect the accuracy of calculations.
- Not as widely recognized or established as other well-known mortgage calculator applications.
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