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.