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  • #: 20443
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2009-12-20
  • Current Version: 1.1
  • 1.1
  • Size: 0.60 MB
  • Language: English
  • Seller: Calaku Interactive Inc.
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.0 or later
  • Calaku Interactive Inc. Copyright © 2009
  •  Add to Favorite apps



MCalc is a simple and easy-to-use mortgage calculator.

Calculating mortgages has never been more fun with preset pickers at your fingertips. Spin them to quickly set the principal amount, amortization period, interest rate, payment frequency and even payment amounts - or enter your own values with the all-in-one interface.

Plan your dream home with ease!


• Easy to use all-in-one interface

• Calculate payment or principal amounts

• View amortization in payments or in years

• E-mail your details in HTML or plain text

• Handy glossary of commonly used terms

• Supports Canadian mortgage calculations

• Round values to the nearest dollar

• Auto-saves the last calculated mortgage

• Choose preset values or enter your own

• Amortization periods include Weekly, Monthly, Yearly

• Payment frequencies include Annually, Semi-Annually, Monthly, Semi-Monthly, Bi-Weekly, Weekly, Accelerated Bi-Weekly


We are hard at work on the next release with more features. If you would like a specific feature, please let us know at info@calaku.com.

• Affordability calculator

• Down payment box

• Insurance cost box

• and more!


*REQUIRES iPhone OS 3.0 or later*

Visit Calaku Interactive Inc. at www.calaku.com for more information.

What's New in Version 1.1

- Added capability to turn off sound
- Supports iPhone OS 3.0 and greater (previously stated as 2.1 and greater)

iPhone Screenshots

MCalc iPhone Screenshot 1

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Rated 1/5 based on 2 customer reviews.


0/5 stars

Don't bother

You can't save. No amortization showing even though there is an option, it is not working . Every time you hit the amortization option, it closes down the app. Also even though I turned off the Canadian option, it continues to ask me if I want the Canadian option. Don't waste your time

2/5 stars

Good potential, needs more work

I like the overall design. It's nice to see the payments change "on the fly" as you change other factors. But it is buggy and sometimes crashes when you try to see the amortization table. Upon a crash the app resets and asks about Canadian interest upon relaunch, which is annoying. I'd like to see a balloon payment option added.


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The information may be outdated (2011-03-27 23:34:38). For actual information go to iTunes

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