January 12, 2011 in Finance (E)
[prMac.com] Reading, United Kingdom - MH Riley is proud to announce the immediate availability of My Mortgage Mentor 1.0 for iPhone, iPod touch and iPad. My Mortgage Mentor is a comprehensive mortgage toolkit which is designed with one principal aim. To help people choose the most cost effective mortgage. To achieve this it implements a unique three part strategy, allowing the user to Calculate, Analyse and Compare.
A full set of calculators have been provided, enabling instant answers to questions such as "What will my monthly payments be?", or "How much could I 'save' by overpaying a monthly amount?". Another calculator provides a checklist of costs incurred when moving house, many of which are often overlooked.
Once details of a particular mortgage have been entered, view a clear monthly breakdown of the costs. Alternatively, see the costs rendered into an easy to understand chart. Whilst analysing, changes to interest rates or overpayments can be trialled, with the resulting changes to the mortgage costs immediately displayed.
Multiple mortgages can be compared in a colour coded chart. This allows for easy visualisation of the true differences in costs over the term of the loan. This step is critical in order to make an informed choice between mortgages.
"In designing My Mortgage Mentor, we wanted a product which went beyond a mere mortgage calculator, and which highlighted the money that could be saved by making a truly informed choice." said Mark Riley, company founder. "This was achieved by focussing on clarity of presentation married with a rich feature set."
* iPhone, iPod touch and iPad
* Requires iOS 3.2 or later
* 1.3 MB
Pricing and Availability:
My Mortgage Mentor 1.0 is $2.99 USD (or equivalent amount in other currencies) and available worldwide exclusively through the App Store in the Finance category.
Founded in 2010, MH Riley is an independent iPhone App developer with a passion for producing high quality mobile software. Copyright (C) 2010-2011 Mark Riley. All Rights Reserved. Apple, the Apple logo, iPhone, iPod and iPad are registered trademarks of Apple Inc. in the U.S. and/or other countries.