# Loan Calc-Lite — Best Loan Mortgage Calculator

> Loan payment calculator for mortgages and fixed loans with PMI. (iPhone/iPad app by Quick Consulting and Management LLC.)

- Source: https://appshunter.io/ios/app/loan-calc-lite/id1146113594 (this page in markdown: same URL + `.md`)
- Developer: [Quick Consulting and Management LLC](https://appshunter.io/developer/1137340501)
- Category: Utilities, Productivity, Finance
- Price: $0.99 with in-app purchases
- Rating: 4.17/5 from 23 App Store ratings · 24 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.1 · 22 MB
- Languages: English
- Released: 2016-09-10
- Data updated: 2026-08-22
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/loan-calc-lite/id1146113594/reviews.md

## What is Loan Calc?

Loan Payment Calculator with PMI (Private Mortgage Insurance factor)

This loan calculator app will help you determine the monthly loan payments. Just enter the amount, term, and interest rate in the fields, and it’s done. Mortgage Loan Calculator free app calculates all the loans in no time. This calculator can be used for a mortgage loan or any other fixed loan types. This innovative idea is from Jayesh Khatri, CPA, Realtor, Loan Officer, who aimed to provide seamless and efficient loan calculation facilities throughout the world. He and his team dedicatedly work on this project to make every loan calculation Quick & Easy with the least amount of key strokes.

The Loan Payment Calculator calculates four most common loan types: Conventional, FHA, VA, and USDA. It is specially developed for Home Buyers, Realtors, and Mortgage Brokers to calculate the loan easily. The Loan Payment Calculator offers faster and straightforward functionality. Since it is on one screen feature, it saves time and gets the accurate calculation in seconds. The Loan Calculator app is available for iPhone and iPads.

Features of the application:
1. Simple to use: Instead of putting the 4 major loan types like Conventional, FHA, VA & USDA on various screens, you can stick to a single tab as we have set them all on one screen. This also has a unique feature in which when you make an entry in one loan, entries are made in all other 3 loan types atomically.
2. Intuitive: It is a user-centric application which is designed from the user’s perspective in order to give all the features that the user wants. SAVE, RETRIEVE, TEXT, & EMAIL.
3. Very Quick: It is a fast & reliable app. It calculates four types of loans i.e., Conventional, FHA, VA & USDA, without switching screens or pages or re-entering numbers.
4.Original Designs: This application design specifically for professionals. It offers more options and quick calculations, time saver for future reference, retrieval to find out which is a better option, TEXT or EMAIL to your client instantly (available only in Pro version), & much more.

Home Loan Calculator for Realtor's application has four versions:

1. LITE VERSION: It has all features except the Text and Email and adding customer info. It is an initial version.
2. PRO VERSION: It has everything in it like the lite version & has some additional features such as PMI Editable fields, no ads, etc.
3. AGENT BRANDED APP: We create the Pro version app with additional features in YOUR NAME in the App Store. Its other features include Pre-Qual form entry and Pre-Qual PDF letter, DAILY LOAN RATES and more
4. COMPANY BRANDED APP: This is the best version since every email/text sent to clients is collected by the company’s central email system. This version includes everything like licensing to companies to market the app as their app and let their agents or loan officers use it as their own.
Agent Branded version features &amp; benefits:
1. Your Profile: You can easily set up your info in the profile so that all communication and the App Header show your Picture, Name &amp; Phone number.
2. Elevate Your Reputation: By this, you can send info to clients and the loan officer with your info and more.

Please review it and provide your feedback and don’t forget to rate it. We appreciate your response. Thank you so much!!

Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Loan Calc-Lite Features:
Free Trial: Get full access to all premium No ads features FREE for 2 weeks.	 
Premium Subscription - $0.99/month	
Ad-free Experience: Enjoy the app without any ads for a cleaner, distraction-FREE interface.	
	
Subscription Details:	
Price: $0.99/month	
Payment will be charged to your iTunes account after the 2 weeks free trial ends.	
Subscription automatically renews each month unless canceled at least 24 hours before the end of the current period.	
Manage or cancel your subscription anytime in your iTunes account settings.

## Key features

- Calculate monthly loan payments
- Includes PMI factor
- Supports Conventional, FHA, VA, USDA loans
- Single screen for all loan types
- Save, retrieve, text, and email calculations
- Quick and accurate results

## Pricing and in-app purchases

Base price: $0.99.

**Subscriptions**

| Subscription | Price | Period |
| --- | --- | --- |
| Loan Calc-Lite | $0.99 | per month |

**One-time purchases**

| Purchase | Price | Type |
| --- | --- | --- |
| Remove Ad | $0.99 | one-time |


## Recent user reviews (10 of 24)

All indexed reviews: https://appshunter.io/ios/app/loan-calc-lite/id1146113594/reviews.md

### 5/5 — Paying the subscription again

*2025-07-11*

I have used for years. They did an update and it went bad. I sent an email reporting it. There was a response saying it was being addressed.  I unsubscribed, because it was not unusable.  I checked again today and I am glad to say it is back to being perfect!!!!! Thank you. 
I  will subscribe again and pay for the full version.  Well done!

### 4/5 — Great!

*2023-04-17*

Simple and easy to use.  FHA MI needs to be updated to .55.  Still set at .85 and can’t be changed manually

**Developer response:** Thank you for your review and reporting the percentage issue. Currently we have made the changes with new rates and just about ready to update the current version. Please look out for the update. Thank you.

### 1/5 — Terrible app

*2023-01-25*

Doesn’t calculate payments correctly.  Not good when using to make a living with:-(

**Developer response:** We apologize for the issues.  We are reworking and a new version will be up soon.  Thank you for responding.

### 5/5 — Can’t see the numbers in Dark Mode

*2020-08-27, version 8.2.1*

I like the app, but with this latest release, you can’t see the numbers you type in the fields if your using Dark Mode. You have to switch to Light Mode.

Update 8/27/2020:
Thanks for fixing the dark mode issue. Works great now. I like this app because it has more input variables than other calculators, it allows you to save calculations for specific properties, and its layout/UI is very simple and straightforward.

### 1/5 — VA LOANS

*2020-08-27, version 8.2.1*

I used to love this app , but since January I have asked to please adjust it with the new va funding rate and nobody has responded to me.  This now has made this app worthless to me.  A quick adjustment would have made it work right again.

Update 08-26-2020

It took four months to get a reply.  I have been using the pro version and if the developer would sign into the app, he would see that the VA funding fee is still set at 2.15 percent.  This is such an easy fix !!!!

### 5/5 — Great for realtors

*2020-08-25*

Want to bring more value to your clients? They love knowing how much each home will cost per month during showings.

**Developer response:** Thank you Agent Lando for downloading our app and using it, writing a review and giving us a 5 Star Rating, we appreciate it.  Please do share it with your friends and family.  Thank you again!

### 5/5 — Love this app!

*2020-06-12*

Who ever created this app is a genius!  I use it all the time. So helpful in my business. Thank you to the genius!

**Developer response:** Thank you Millie - appreciate your review.  Please let your friends and Realtors know about our app.  We also have Pro version with all features enabled such as using your own PMI rates, emailing, texting and more.  Thanks again.

### 5/5 — Best APP I have ever experienced

*2020-03-25*

This APP is very simple to operate. I was in my condo association meeting discussing large projects for loans purpose. It took me seconds to calculate loan terms and everybody in the board were highly impressed and I shared this APP with them too.
This is the best APP,  one must try.

**Developer response:** Hi SurenKJ - Thank you for your review and we are glad that you also shared it with your board members.  Appreciate it, and please pass it along to your friends and family who might be looking to calculate monthly mortgage payment.  Thank you!

### 2/5 — Confused

*2020-03-17*

I cannot send a email at all, I do not know what I am doing wrong?

**Developer response:** Hi Skx:  Thank you for reporting this issue.  We have now corrected the issue but it is available in the Pro version.  In the Lite version most functionality is available but not all.  Texting and emailing are available in the Loan Calculator-Pro version.  It is a paid version but it has lot more functions.  If you are a professional, you may want to give it a try out the Pro version.  It is free for 1 month.

### 5/5 — Amazing app

*2019-11-19*

Incredible app. Very easy to use. Has everything you need to get an estimate on a mortgage.

**Developer response:** Hi Jason - Thank you for your kind review, appreciate it.  Sorry for not responding to the reviews earlier.  If you do not mind could you elaborate as to which features you liked such as all on one screen, auto calculate, all 4 loan types on one screen, PMI etc.  Thank you and looking forward to getting some response from you.

## Frequently asked questions about Loan Calc

### What does the Loan Calc-Lite app do?

This app functions as a loan payment calculator, helping users determine their monthly loan payments. It can be used for mortgages and other fixed loan types by inputting the loan amount, term, and interest rate.

### What types of loans can be calculated?

The calculator supports four common loan types: Conventional, FHA, VA, and USDA. All these loan types can be calculated on a single screen for user convenience.

### Is the app free to use?

The app offers a Lite version which is free and includes core calculation features. However, there are Pro and branded versions available with additional features, which may involve costs or in-app purchases.

### What are the key features of the app?

Key features include easy input for loan details, simultaneous calculation across multiple loan types on one screen, and the ability to save, retrieve, text, and email calculations. It also includes a PMI factor for mortgage calculations.

### Who is this app designed for?

This app is specifically designed for professionals in the real estate and mortgage industry, such as Home Buyers, Realtors, and Mortgage Brokers, who require fast and accurate loan calculations.

## Version history (last 5 releases)

### 10.0.6 — 2026-04-24

Resolved minor calculation issues and improved UI/UX experience.

### 10.0.5 — 2025-12-27

Updated plan description for better clarity.
Minor UI/UX improvements for a smoother experience.

### 10.0.3 — 2025-09-03

Updated PMI rates, fixed minor calculation error.

### 10.0.2 — 2025-08-18

We fixed minor calculation error and fixed formula.  Also updated to subscription version of only $0.99/month.  Plus added Dark / Light mode.  Available for iPhone and iPad as well.

### 10.0.1 — 2025-08-11

Resolved minor calculation issues and improved UI/UX experience.

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## More apps by Quick Consulting and Management LLC

- [Calc EZ](https://appshunter.io/ios/app/calc-ez/id1137340502)
- [My Open House - For all For Real Estate Agents](https://appshunter.io/ios/app/my-open-house-for-all-for-real-estate-agents/id1187941156)
- [Loan Calc-Pro](https://appshunter.io/ios/app/loan-calc-pro/id1402137178)
- [Short Term Loan Calc](https://appshunter.io/ios/app/short-term-loan-calc/id1486343141)
- [Rehab Loan](https://appshunter.io/ios/app/rehab-loan/id1486343186)

All apps by Quick Consulting and Management LLC: https://appshunter.io/developer/1137340501

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-22.*
