# Loan Amortization Calculator — Interest & Payment Schedule > Loan amortization calculator for payment schedules and interest estimation. (iPhone/iPad app by RedTracker LLC.) - Source: https://appshunter.io/ios/app/loan-amortization-calculator/id1465620086 (this page in markdown: same URL + `.md`) - Developer: [RedTracker LLC](https://appshunter.io/developer/1460840859) - Category: Finance, Utilities - Price: Free with in-app purchases - Rating: 4.80/5 from 618 App Store ratings · 12 written reviews indexed - Age rating: 4+ - Requires: iOS 11.0 · 34 MB - Languages: French (France), German (Germany), American English, Chinese (Simplified, China), Korean, Danish, European Spanish, Finnish, Indonesian, Italian and 7 more - Released: 2019-05-29 - Data updated: 2026-08-24 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/loan-amortization-calculator/id1465620086/reviews.md ## What is Loan Amortization Calculator? Simplify your financial decisions with Loan Amortization Calculator. This powerful app helps you break down loan payments, estimate interest and principal over time, and explore how extra payments can reduce the total amount you pay. Whether it's a mortgage, auto loan, or personal credit, this app gives you a clear view of your financial obligations. How it works: - Easy Input: Enter your loan amount, interest rate, term, extra payments (optional), and payment frequency. - Detailed Results: Instantly view your monthly payment, total interest, total repayment amount, and a full amortization schedule. - Share & Save: Export your results or share your schedule with others. Take control of your payments, understand your loan structure, and save money with smart planning. ## Key features - Loan payment breakdown - Interest and principal estimation - Extra payment impact analysis - Amortization schedule generation - Shareable results ## Pricing and in-app purchases Base price: Free. **One-time purchases** | Purchase | Price | Type | | --- | --- | --- | | Remove Ads | $4.99 | one-time | ## Recent user reviews (10 of 12) All indexed reviews: https://appshunter.io/ios/app/loan-amortization-calculator/id1465620086/reviews.md ### 5/5 — Terrific App *2026-07-21* Great when you need to see how much interest you will pay over any give amount of time. ### 5/5 — Good app for Loan EMIs *2026-07-16* Very good app ### 5/5 — Realtor, Investor *2026-06-19* Great calculator for quick answers while negotiating. No second calculator but right on phone. Love it. ### 5/5 — Top *2025-11-13* Top ### 5/5 — Great *2025-07-16* Great ### 2/5 — Needs work *2025-04-30* It doesn’t let me put in the actual payment my bank has me make so it’s not accurate. ### 2/5 — Date of Loan… *2025-03-28* It falls short of giving accurate information due to a lack of being able to input loan origination data. ### 1/5 — Demasiados anuncios. *2022-10-23* 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…. ### 2/5 — Ads are too annoying *2020-02-11* I understand the the developer needs to make revenue but the video ads are a deal killer. Having to wait for it to run for 5 seconds makes this useless to me. ### 1/5 — PopUps *2019-12-30* Pop up ads make this very difficult to use. Find another app to use. ## Frequently asked questions about Loan Amortization Calculator ### 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. ## Version history (last 5 releases) ### 1.5.0 — 2026-07-02 Performance improvements and bug fixes. Enjoying the app? Please leave a review! ### 1.4.6 — 2026-06-04 Performance improvements and bug fixes. Enjoying the app? Please leave a review! ### 1.4.5 — 2026-03-05 Performance improvements and bug fixes. Enjoying the app? Please leave a review! ### 1.4.4 — 2026-02-24 Performance improvements and bug fixes. Enjoying the app? Please leave a review! ### 1.4.3 — 2026-02-14 Performance improvements and bug fixes. Enjoying the app? 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User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-24.*