Best Apps for Paying Off Your Mortgage Faster
No one wants to be saddled with debt for decades. Pay off your mortgage a lot faster with these financially efficient apps.
Nothing screams "I'm an independent adult" louder than having a mortgage. This, however, comes with quite a few challenges and is not something you should jump into the first chance you get. It is, after all, a 20-year commitment. In order to finance it, you will need to accurately assess your situation, your income, and your needs. A good mortgage calculator will help you consider the rates and all other variables. Only then can you make an informed decision and decide on purchasing a new home.
Obviously, you will want to pay off the debt as soon as possible. This may take a few years - or a few decades - depending on the circumstances. Your income, any other real estate you may own, as well as your plans for the future will all play a part. In order to speed up the process, an app like Debt Payoff Planner could prove extremely useful. Rein in your spending, organize your finances, and you will see a more than obvious improvement. Good debt management does, after all, make a huge difference.
Unfortunately, things won't always go as smoothly as you expect them to. Job loss, death or a spouse, or any other unforeseen circumstance can blow a massive hole in your budget and put your home in jeopardy. The refinancing process is something you can negotiate with your bank, especially if you are a first-time buyer. This could make your payments more efficient and give you some breathing space so you can start afresh and still pay everything off in time. Have patience, shop around for deals, and you will find something to suit your budget.
App Recommendations
Top recommendations by the AppGrooves community.
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Mortgage Calculator by QL
Quicken Loans
Finance
Calculate your mortgage numbers with today's rates.
100K+ DownloadsFree![Google Play]()
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Debt Payoff Planner - Calculator, Tracker, Manager
OxbowSoft LLC
Finance
#1 for a reason. Simple and effective. Get your plan and feel better now.
100K+ DownloadsFree In-App Purchases![Google Play]()
Free![App Store]()
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Debt-induced stress can be overwhelming. Fortunately, there's a way out. Create a step-by-step plan for paying off what you owe and free yourself from its burden. This app lets you choose between 3 options - debt snowball, debt avalanche, or a custom-made solution.
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Rocket Mortgage
Quicken Loans
Finance
Now you can manage your entire mortgage all from our comprehensive app.
500K+ DownloadsFree![Google Play]()
Free![App Store]()
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A house is the biggest purchase that you can make. But what if you suddenly come into some money and you want to pay off your home in 10 years instead of 20? This app can help you with refinancing and figuring things out.
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George
This app has 5 different calculators built in, so you can check things like home affordability, monthly payments for a new purchase and more. One really useful feature is the ability to easily share your calculations through the interface, so others can see them.