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Loan Amortization Calculator

Loan Amortization Calculator

Interest & Payment Schedule

583 ratings
9 reviews
With Ads
🔧 Utilities
💰 Finance
Free
In-App PurchasesWith Ads

Details

  • Released
  • Updated
  • May 29, 2019
  • July 2, 2026

Features

Developer

RedTracker LLC
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iphone
ipad
🧾$4.99
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About

Calculate loan payments, interest, and principal breakdown over time. Explore the impact of extra payments on your total loan cost. Ideal for mortgages, auto loans, and personal credit.

✓Loan payment breakdown
✓Interest and principal estimation
✓Extra payment impact analysis
✓Amortization schedule generation
✓Shareable results
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What's New in Loan Amortization Calculator

1.5.0

July 2, 2026

Performance improvements and bug fixes. Enjoying the app? Please leave a review!

More
1

In-App Purchases

$4.99

Remove Ads

One-time purchase. No more ads, ever.

User reviews

Most RecentHighest RatedLowest Rated

Realtor, Investor

Great calculator for quick answers while negotiating. No second calculator but right on phone. Love it.
N I GN I G

Great

Great
BOC!!BOC!!

Needs work

It doesn’t let me put in the actual payment my bank has me make so it’s not accurate.
Juliam1930Juliam1930

Date of Loan…

It falls short of giving accurate information due to a lack of being able to input loan origination data.
SassyTXRealEstateBrokerSassyTXRealEstateBroker

Demasiados anuncios.

Absurdo! Demasiados anuncios, si la app es buena o no, nunca se sabrá por qué los anuncios no te dejan usar la app. Es horrible y Ridiculo por demás. Borre la aplicación es inútil….
PargueraParguera
See 4 more reviews

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FAQ

What does the Loan Amortization Calculator app do?

This app helps you understand your loan payments by breaking down how much goes towards interest and principal over time. You can also see how making extra payments can reduce your total repayment amount and the loan term.

What are the key features of this loan calculator?

Key features include easy input for loan details like amount, interest rate, and term, instant display of monthly payments and total interest, a detailed amortization schedule, and the ability to export or share your results.

Is this app free to use?

The app is free to download and use, but it does offer in-app purchases and may display advertisements.

What types of loans can I calculate with this app?

You can use this app to calculate amortization schedules for various types of loans, including mortgages, auto loans, and personal credit.

How can this app help me save money?

By providing a clear view of your loan structure and allowing you to simulate the impact of extra payments, the app helps you make informed financial decisions. This can lead to paying off your loan faster and saving on total interest costs.