This app helps you understand the true cost of loans and mortgages by revealing total interest paid and payoff timelines. It allows for scenario comparisons, extra payment analysis, and detailed amortization schedules. Visualize your debt journey with graphs and access bonus calculators.
Summarized from real user reviews of Loan Calculator. Based on 22K reviews and a 4.6/5 average, it highlights the 4 positives and 4 negatives reviewers mention most about this Finance app.
3.9.0
May 17, 2026
Minor bug fixes and adjustments.
Unlocks All App Features & Removes Ads
$2.99
Unlimited Favorites
Allows storage of unlimited loan entries in the favorites tab. Use this to save and compare various loan options.
3 issues
Extra payment field not calculating correctly
App freezing and shifting up after inputting loan details
4 requests
Add down payment, taxes, and insurance options
Implement comparison graphs and offset account analysis
This app helps you understand the full financial impact of loans and mortgages. It goes beyond basic monthly payments to show you the total interest you'll pay over the life of the loan, when you'll be debt-free, and how extra payments can save you money. It also provides detailed amortization schedules and visualizations of your payoff journey.
Key features include revealing total interest paid, calculating your debt-free date, analyzing savings from extra payments, providing detailed amortization schedules, allowing side-by-side comparison of multiple loan scenarios, and visualizing your payoff progress with graphs. It also includes bonus calculators for credit cards and rental properties.
The app is free to download. It offers optional auto-renewable subscriptions for features like unlimited saved loan entries, access to additional finance tools, and an ad-free experience. You can cancel subscriptions anytime through your App Store account settings.
The app is designed to help you understand various types of loans and mortgages, including those for homes, cars, and school. It also includes bonus calculators that can be used for credit card payoff and rental property analysis, making it a versatile financial planning tool.
Yes, you can export your payment schedules from the app. This allows you to easily share detailed amortization breakdowns with others, such as a spouse or financial advisor, ensuring everyone is informed about the loan's progress and costs.
