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MCC Calculator app for iPhone and iPad


4.6 ( 1276 ratings )
Finance Education
Developer: cyk
Free
Current version: 1.2, last update: 7 years ago
First release : 23 Aug 2012
App size: 2.97 Mb

The Mortgage Credit Certificate provides homebuyers with a percentage of their mortgage interest back in the form of a federal income tax credit for the life of the loan. In essence, it is a dollar-for-dollar credit or about $150 a month savings per borrower.

This application will calculate the estimated yearly and monthly savings by using an MCC.