Zillow has released another new application into the Android market today. They have announced the Mortgage Calculator, a tool that will help you determine what your mortgage situation will be based on the information you plug in. You can estimate how expensive of a home you can afford, how much your monthly mortgage rate would be and more. Take a look at this list of features they offer:
The Zillow Mortgage Marketplace Android App gives home shoppers access to:
A payment calculator that helps consumers estimate what their monthly payment will look like for a particular home.
An affordability calculator that helps shoppers narrow their home search to homes within a specific price range, based on income, down payment and monthly debt information.
A refinance calculator that allows consumers to compare their current loan and new loan quote to estimate potential savings if they refinance.
A mortgage shopping experience that enables users to request and receive personalized loan quotes, read lender reviews and connect with a lender.
Sharing functionality that allows shoppers to share current mortgage rates, calculator results and loans requests via email, Twitter® or text message.
The application is completely free to use and it’s already getting some great reviews in the Android market. If you happen to need a tool like this then this is probably your best bet. Be sure to grab it here.