# Loan Calculator Free. — Loans, Mortgages, Car Payments

> Financial tool for calculating loans, mortgages, and car payments with amortization schedules. (iPhone/iPad app by Edison Largo.)

- Source: https://appshunter.io/ios/app/loan-calculator-free/id6477849628 (this page in markdown: same URL + `.md`)
- Developer: [Edison Largo](https://appshunter.io/developer/978541799)
- Category: Finance, Productivity
- Price: Free with in-app purchases
- Rating: 4.75/5 from 24 App Store ratings
- Age rating: 4+
- Requires: iOS 13.0 · 64 MB
- Languages: English
- Released: 2024-02-14
- Data updated: 2026-07-29
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/loan-calculator-free/id6477849628/reviews.md

## What is Loan Calculator Free.?

Loan Calculator FREE is a comprehensive financial tool designed to empower users with the ability to make informed decisions about loans. Whether you're planning a mortgage, car loan, or any other type of installment loan, this app provides a user-friendly interface to calculate payments, generate amortization schedules, and visualize your financial progress with interactive charts and tables.

Key Features:

1. Loan Calculation:
   - Intuitive loan calculator with adjustable parameters such as loan amount, interest rate, and loan term.
   - Instantly calculate monthly payments, total interest, and total repayment amount.

2. Amortization Schedule:
   - Generate a detailed amortization schedule showcasing monthly payments, principal and interest breakdown, remaining balance, and    cumulative interest.
   
3. Interactive Charts:
   - Visualize your loan repayment journey with dynamic charts.
   - Explore pie charts to understand the percentage of principal and interest in each payment.
   
4. Reverse Mortgage:
   - Now with reverse mortgage!  Enter the monthly to calculate the amount of the loan, perfect for sales when customer tells you the monthly they can afford.  

5. Variety of Language :
   International clients? No Problem! use the app in English, Spanish, Portuguese, Italian and French! And you can change from decimal point to decimal comma without changing your settings on your phone!

6. Currency and Locale Support:
   - Support for multiple currencies and locale-specific formatting for a global user base.

7. User-Friendly Interface:
   - Simple and intuitive design for users of all levels of financial expertise.
   - Clear and concise explanations to help users understand the financial implications of their loan choices.

8. Offline Functionality:
   - Access your loan calculations and amortization schedules even without an internet connection.

Loan Calculator is the go-to app for anyone looking to plan their financial future with confidence. Whether you're a first-time homebuyer, an auto loan shopper, or someone managing multiple loans, this app provides the tools you need to make informed decisions and stay in control of your financial journey. Download Loan Calculator today and take the first step towards financial empowerment.

## Key features

- Loan calculation with adjustable parameters
- Detailed amortization schedules
- Interactive charts and visualizations
- Reverse mortgage calculation
- Multi-language support
- Offline functionality

## Pricing and in-app purchases

Base price: Free.

**One-time purchases**

| Purchase | Price | Type |
| --- | --- | --- |
| Remove Ads | $5.99 | one-time |



## Frequently asked questions about Loan Calculator Free.

### What types of loans can Loan Calculator Free calculate?

Loan Calculator Free can calculate various installment loans, including mortgages and car payments. It also features a reverse mortgage calculation to determine loan amounts based on affordable monthly payments.

### Does Loan Calculator Free offer an amortization schedule?

Yes, Loan Calculator Free generates a detailed amortization schedule. This schedule breaks down each monthly payment into principal and interest, shows the remaining balance, and tracks cumulative interest paid.

### Can I use Loan Calculator Free offline?

Yes, Loan Calculator Free offers offline functionality. You can access your loan calculations and amortization schedules even without an internet connection, making it convenient for on-the-go use.

### What languages does Loan Calculator Free support?

Loan Calculator Free supports multiple languages, including English, Spanish, Portuguese, Italian, and French. It also allows switching between decimal point and decimal comma formatting.

### How does Loan Calculator Free handle different currencies?

The app supports multiple currencies and locale-specific formatting, catering to a global user base. This ensures that calculations and displays are relevant to your regional financial context.

### Is Loan Calculator Free suitable for beginners?

Yes, Loan Calculator Free features a simple and intuitive design suitable for users of all financial expertise levels. It provides clear explanations to help users understand the financial implications of their loan choices.

### Does Loan Calculator Free have ads?

Yes, Loan Calculator Free contains advertisements. As a free application with in-app purchases, it utilizes ads to support its development and maintenance.

### What is the update frequency for Loan Calculator Free?

Loan Calculator Free was last updated on August 8, 2024, with version 1.3. This indicates a commitment to regular updates and improvements for the application.

## Version history (last 3 releases)

### 1.3 — 2024-08-08

Welcome to the latest update of Loan Calculator!  We are always improving to make sure your experience with our app is the best!
In this version: Bug fixes and performance improvements.

### 1.1 — 2024-02-18

Welcome to the latest update of Loan Calculator!  We are always improving to make sure your experience with our app is the best!

### 1.0 — 2024-02-14

No release notes.

## Apps similar to Loan Calculator Free.

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [Loan Calculator 2.0](https://appshunter.io/ios/app/loan-calculator-20/id1671103378) | 4.9 (133) | Free | Finance |
| [Loan Calculator $](https://appshunter.io/ios/app/loan-calculator/id6448222500) | 4.8 (104) | Free | Finance |
| [Loan Calculator 3.0](https://appshunter.io/ios/app/loan-calculator-30/id6474164868) | 4.6 (35) | Free | Finance |
| [Loan Calculator Mortgage Rate](https://appshunter.io/ios/app/loan-calculator-mortgage-rate/id6451256178) | 4.2 (10) | Free | Finance |
| [Refinance-Home Loan Calculator](https://appshunter.io/ios/app/refinance-home-loan-calculator/id1155084232) | 4.8 (52) | Free | Finance |
| [Loan Calculator - Home Payment](https://appshunter.io/ios/app/loan-calculator-home-payment/id1097378421) | 4.8 (313) | Free | Finance |

## More apps by Edison Largo

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- [Tomi Farm](https://appshunter.io/ios/app/tomi-farm/id1497628677)

All apps by Edison Largo: https://appshunter.io/developer/978541799

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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 2026-07-29.*
