RECalc Pro 3.2.0

RECalc is a comprehensive Real Estate Mortgage Loan Calculator that also functions as a traditional Mathematical Calculator. It offers a wide range of calculation capabilities, allowing users to determine Monthly Payments, Terms, Interest Rates, Loan Amounts, and perform standard mathematical calculations.

One of the key features of RECalc is its flexibility. Users can modify any of the calculation variables and instantly re-calculate the other values accordingly. Additionally, RECalc provides options to incorporate Annual Property Tax, Homeowner's Insurance, Mortgage Insurance, and Down Payment amounts/percentages.

RECalc stands out for its support of semi-annual compounding, also known as Canadian Amortization, in addition to the typical monthly compounding. By simply clicking a button, users can access a comprehensive Loan Summary and Amortization Table for their calculations. They also have the option to email this information to their desktop or save it for future reference.

RECalc is designed to cater to a wide audience. Whether you are a real estate professional, mortgage broker, first-time homebuyer, or someone looking to refinance, having RECalc readily accessible on your iPhone or iPod touch can prove to be immensely helpful in making informed financial decisions.