Loan Calc User Reviews

Customer Experience

Positive experience79.2% of reviews
Neutral4.2% of reviews
Negative experience16.7% of reviews

~ Based on 24 written reviews from the US App Store.

Is Loan Calc Safe?

Not enough ratings yet to assess Loan Calc.

Is Loan Calc Legit?

Loan Calc-Lite appears to be a legitimate app. AppsHunter Legitimacy Score for Loan Calc is 90/100.

Based on 90 of 100 points across 7 verification signals from App Store and developer data.

Top reviews

Paying the subscription again

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!
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Great!

Simple and easy to use. FHA MI needs to be updated to .55. Still set at .85 and canโ€™t be changed manually

Response from developer

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.

Terrible app

Doesnโ€™t calculate payments correctly. Not good when using to make a living with:-(

Response from developer

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

Canโ€™t see the numbers in Dark Mode

I like the app, but with this latest release, you canโ€™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.
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VA LOANS

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 !!!!
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Great for realtors

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

Response from developer

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!

Love this app!

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

Response from developer

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.

Best APP I have ever experienced

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.

Response from developer

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!

Confused

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

Response from developer

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.

Amazing app

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

Response from developer

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.

Mortgage Calculator Lite

Maybe to lite. Beyond the price, no other entry will remain in its forks. All revert back to zero. I gave up trying to resolve the problem. This could have been the perfect calculator for me as a teak estate agent.

Response from developer

Hi Texsculpt: Thank you for bringing up this issue and sorry for not responding so far. I apologize for the delay. We have now revised both versions. Now it is called "Loan Calculator PMI-Lite" and Loan "Calcualtor PMI-Pro version". Please give it a try with Lite version and if you want more features then try out the Pro version. The Pro version has lot more features that are very helpful for professionals like yourself. Thank you again.

Quick and easy to use

I am currently in the process of purchasing a home and this app is wonderful. I can quickly and easily calculate my monthly mortgage payment. I love that I can explore different options (I.e. down payment amount) and how it will affect my monthly rate. This app is great for home buyers as well as agents!
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Response from developer

Hi lsl050580: Thank you for your review and sorry for not responding to it earlier. We now have Lite and Pro versions. Please try it out. If you are a Realtor you may want to get the Pro version. The name now is "Loan Calculator PMI-Lite"

Fabulous App!

Love this easy to use, blonde-proof app!! All the data entry on one easy page - I can input data standing on a home site out in the Florida sun in seconds and provide my buyers with accurate, detailed information including their Insurance, PMI and Tax info! ๐Ÿ˜๐Ÿ˜๐Ÿ˜
Looking forward to the Agent branded version coming soon!!
Thank you so much, Jay, for the wonderful tool!! ๐Ÿ‘๐Ÿผ๐Ÿ‘๐Ÿผ๐Ÿ‘๐Ÿผ
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Response from developer

Hi Julie - Thank you for your kind and honest review. We have made some improvements and have 2 versions. "Loan Calculator PMI-Lite" and Pro version. The Pro version has lot more features that are suitable for a professional like yourself. That is 30 day free trial and after that there is a monthly subscription. Also the Agent version with Company version is also ready now.

Mortgage ap

I like all the features except that it automatically inputs โ€œotherโ€ payments without the ability to override.

Response from developer

Hello Wilglide: Thank you for your review. Sorry for not responding earlier. We have now fixed many issues. The new name is "Loan Calculator PMI-Lite" version and if are a professional then try out the "Loan Calculator PMI-Pro" version. It is free for 30 days. Thank you again.

;)

Simple and easy to use. Wish I could save with a name so I could refer to specific property.

Response from developer

Hello BigYellowCalcs: Thank you for your review and sorry for not responding earlier. We now have 2 versions. Lite and Pro. Lite has basic functions but Pro has all functions such as saving with the buyer's name, emailing, texting and entering your own rates for PMI etc. If you are a professional you may want to try out the Pro version. It is free for 30 days. Thank you again.

First I have found of its kind

I have been looking for a mortgage calculator that can handle all types of loans including upfront mortgage insurance premium for FHA loans, guarantee fee for USDA loans, and the funding fee for VA loans, all the while allowing for the taxes and home insurance to be calculated together.

Response from developer

Hello Jenn: Thank you for your kind review. I am glad you like it and are using it. We now have 2 versions. The Lite and Pro. The Lite version has basic functionalities but the Pro version has lot more features that are useful to you as a Realtor. And all fields are editable. Try it out. It is free for 30 days. Let us know what you think.

Email

When I email the estimate, the bottom is cut off and the total payment does not show. Am I doing something wrong? Is there a fix for this?

Response from developer

Hello FastEddieFlow: Thank you for your complain and sorry for not responding earlier. We have fixed almost all issues. Please download this version. Now it is renamed as "Loan Calculator PMI-Lite" version and the paid version is "Loan Calculator PMI-Pro" but is is free for 30 days. Let us know if this is still an issue. We will fix it for sure. Thank you again.

Good just needs an adjustment

When you input a number in the right field (for example, a customer may know their monthly HOA but not annual) I was at first impressed that data could go either way. If I put $50 in the monthly column it calculates the annual and vice versa. However, beware if you are doing this because if you enter data in the monthly column, the calculations are completely off. You have to go back, 0 it out and enter it on annual side only.
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Response from developer

Hi Rizzo - Thank you very much for writing a review and giving us a 4 Star Rating. We have completely revamped the app and updated FHA, VA, USDA rates, added a 3D look and feel, and also now have a Light - Dark Mode. Please try it out and give us another feedback. Our feature also allows you to just put only monthly amount of HOA in total column directly (if you did not know annual amount). Thank you again and please download the new updated version. Thank you again!

Love the app

I used this app while searching for my first home and it truly came in handy. The only suggestion would be to make the VA funding fee optional. If youโ€™re 100% disabled you are exempt from the funding fee.

Response from developer

Hi JetSetKC - Thank you for using Loan Calc-Lite App and writing us a nice review and giving us a 5 STAR rating. Since we have Pro version as well which is meant for professionals who can edit certain fields as they would know what factor to use in certain conditions. Please share it with your friends and family. Thank you again!

EZ is Right !

This is a must have tool for every Realtor, so easy to use and the best part is that it automaticlly calculates the PMI

Response from developer

Thank you so much Dee for taking the time to downloading our app, writing a review and giving us a 5 STAR RATING, we really appreciate it. When designing the app we made sure it was EASY to USE and incorporate PMI factor built into the calculations. Thank you again!