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About the application:

RECalc is a True Estate Mortgage Loan Calculator that is also a traditional Mathematical Calculator. It's UI is easy and familiar, like any traditional mathematical calculator.You can use RECalc to calculate the Monthly Payment, Term, Interest Rate or Loan Amount for a mortgage or any another loan, as well as standard mathematical calculations as you would in any another calculator. Calculate mortgage payments given loan amount, interest and term. RECalc lets you calculate any one variable given the another three. Enter a down payment amount or percentage and allow the calculator present how really big a mortgage you require.RECalc supports semi-annual compounding (Canadian Amortization) in addition to normal monthly compounding. With a click, you can display the complete Loan Summary and Amortization Table for your mortgage or loan.Whether you're a true estate professional, mortgage broker, first time home buyer or looking to refinance, you can have RECalc easily available on your Smartphone. You can also use RECalc to calculate vehicle loan payments.