Iley's Mortgage Calculator
See the mortgage payment, PMI, interest, loan-to-value, and amortization picture before the conversation gets expensive.
Built for homebuyers, realtors, and planners who want a focused mortgage tool with optional live rates, credit-score adjustments, PMI estimates, and affordability mode.
PMI
included
FRED
live rates
LTV
clarity
Payment estimate
Enter price, down payment, term, and rate to estimate principal and interest.
PMI included
Estimate PMI when the down payment is below 20%, with credit-score impact when provided.
Optional live rates
Fetch public mortgage rate data, or manually enter the rate you are actually being quoted.
Amortization view
Preview the long-term cost: loan amount, total paid, total interest, and payment schedule.
Know the monthly number
Move past “about what would the payment be?”
A house price alone does not tell you the real monthly picture. Down payment, interest rate, loan term, PMI, credit tier, and loan-to-value all change the answer.
Iley's Mortgage Calculator puts those pieces in one focused screen so you can test scenarios quickly before talking with a lender, client, or family member.
Great for buyers
Compare home price, down payment, and rate assumptions.
Useful for realtors
Help clients understand payment ranges before emotions take over.
A clearer mortgage workflow
From inputs to insight in four steps
Use the app to model the whole payment path instead of juggling mental math, search results, and disconnected calculator pages.
1. Enter loan details
Start with purchase price, down payment, term, and optional credit score.
2. Choose a rate
Fetch public rate data for context or manually enter a quote from your lender.
3. Review PMI + LTV
See how down payment and loan-to-value affect the estimated monthly payment.
4. Inspect the schedule
Look beyond the first payment and understand long-term interest and payoff shape.
Live rates + manual control
Use public rate data as a starting point — not a black box.
When you want context, the app can fetch publicly available mortgage rate data through FRED, based on Freddie Mac survey data. When you have a lender quote, enter it manually.
The important part is control: you can see the base rate, credit adjustment, effective rate, and PMI assumptions instead of accepting a mystery result.
- 30-year fixed
- 15-year fixed
- ARM context
- Manual override
Affordability and scenarios
Ask better “what if?” questions before you shop.
What happens if the down payment changes? What if the rate moves? What if PMI is part of the payment? What monthly payment fits the budget?
Use the monthly payment and affordability modes to compare scenarios quickly and keep the conversation grounded in numbers.
Built to stay focused
No ads, no clutter, no personal data collection — just a practical mortgage planning tool you can use on iPhone and iPad.
Optional Pro features
Go deeper when the basic estimate is not enough.
Iley's Mortgage Calculator includes optional expanded features for users who want longer loan terms, fuller schedules, exports, and deeper planning views. Feature availability is shown by Apple in the App Store and inside the app.
Expanded planning tools
Longer loan-term planning
Full amortization views
Export support
Scenario comparison
Important mortgage disclaimer
Iley's Mortgage Calculator provides estimates for informational planning only. It is not a lender, broker, financial advisor, tax advisor, or legal advisor.
Actual mortgage terms, interest rates, PMI, taxes, insurance, escrow amounts, lender fees, closing costs, credits, and underwriting adjustments may vary.
Always confirm final numbers with your lender or qualified financial professional before making homebuying, refinancing, or financial decisions.