Amortize Payment (formerly Amortized) is a modern mortgage payment calculator designed for speed and simplicity.
Quickly calculate your monthly payment based on:
• Home price
• Down payment
• Interest rate
• Loan term
Results update instantly in a clean, distraction-free interface built entirely with SwiftUI.
Live Mortgage Rates
View current mortgage rates directly from the St. Louis Fed (FRED). The app displays:
• 30-Year Fixed
• 15-Year Fixed
• 5/1 ARM
• Today and Last Week comparisons
Rates are pulled securely using the official FRED API so you always see reliable, up-to-date data.
Built for Modern iOS
• Designed for iOS 18
• Fast async/await networking
• Streamlined architecture (MVVM)
• Optimized performance
Whether you are buying a home, refinancing, or simply exploring scenarios, Amortized gives you clarity in seconds.
Simple. Accurate. Professional.
What's new (v4.11)
Added Amortization Schedule Report
After calculating a loan payment, tap View Schedule to open a complete amortization report. This report shows a detailed breakdown of every payment over the life of the loan.
What you will see
- Loan details including amount, interest rate, term, start date, and any extra payment
- Summary totals showing the scheduled payment, number of payments, and total interest paid
- Full payment table listing the principal, interest, and remaining balance for each payment
Added schedule options
- Start date
Choose when the loan begins. The default is the first day of the next month.
- Extra payment
Enter an optional extra amount to apply to each payment and instantly see how it shortens the loan term and reduces total interest.
Updated to a clean, modern design
The schedule screen uses a clear card based layout with large, readable numbers. It works beautifully on both iPhone and iPad, making it easy to review your loan details and payment progress.