Loan Calculator Pro

Loan Calculator Pro

by Steve Tran

22 ratings
122 reviews
#85 in paid Finance
💼 Business
💰 Finance
$0.99

Details

  • Released
  • Updated
  • February 11, 2009
  • July 21, 2020
Loan Calculator Pro screenshot #1 for iPhone
Loan Calculator Pro screenshot #2 for iPhone
Loan Calculator Pro screenshot #3 for iPhone
Loan Calculator Pro screenshot #4 for iPhone
Loan Calculator Pro screenshot #5 for iPhone
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About

Calculate monthly loan payments for mortgages, auto loans, and credit cards. Simulate "what if" scenarios to see how extra payments save you money and pay off loans faster. Track all extra payments and view detailed amortization schedules.

Early payment simulation
Extra payment tracking
Fast calculations
Amortization table
Saved loans
Email export
Passcode security
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What users say

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What's New in Loan Calculator Pro

5.2

July 21, 2020

Fix issue with amortization tab having the same name as the navigation bar title.

Charts

Top Paid

📉 85-1

Finance

This app dropped -1 position in Finance chart.

Last updated on July 28, 2026.

User reviews

Love this app

Super easy to learn this app and track the progress of loan payoff. It’s a perfect loan calculator with all the basic stuff you need without getting too fancy or bombarding you with ads. The app doesn’t try to influence you to borrow more money like every other platform either. It just makes it easy. You can see how additional principal payments will affect your total interest payed and how many days/years it would shorten the loan. And you can save multiple loans. I’ve been using it since I bought my house and I friggin love how simple it is. It’s great for seeing how a different interest rate will impact your payments, etc. I know there are more capable apps out there but in my reality they’re all overkill. I’m sticking with this one.
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BJ

Payment field should be editable and number of payments field should be available. I bought this app because AI search said it could address biweekly payments but this is not the case, so this app doesn’t really suit my needs.

Soooo reliable

Used this for years- it’s easy to use, always works, so reliable, easy interface, not complicated like so many other calculators. LOVE this. Great job!!

Boss man

Love this!

Used quite often

Very handy little app… highly recommend!
One flaw… would love to be able to factors like fees/MPI, etc. It’s a little difficult to (accurately) calculate when a payoff is (especially mid-loan) when I can’t include fees, etc.

Developer apps

User experience

🐞

Reported Bugs

7 issues

NaN errors with extra payment calculations

Bug

App crashes when entering interest rate

Bug

Saved loans not displaying correctly

Bug

Duplicate loan entries when overwriting

Bug

Inaccurate calculations in some scenarios

Bug

Extra payment logic producing incorrect results

Bug

Inconsistent decimal point handling

Bug

Requested Features

20 requests

Bi-weekly and weekly payment frequency options

Feature

Ability to input property taxes and insurance

Feature

PMI (mortgage insurance) calculation

Feature

Variable/random extra payment tracking

Feature

Start and end date selection

Feature

Editable payment field

Feature

Down payment field for auto loans

Feature

Interest-only loan option

Feature

Export/print functionality

Feature

Percentage-based overpayment option

Feature

Decimal input for loan amounts

Feature

Cumulative interest tracking

Feature

iPad HD version

Feature

iMac desktop version with sync

Feature

Zoom feature for text readability

Feature

Year/month display in amortization table

Feature

Summary view of all loans

Feature

Mid-cycle payment calculations

Feature

Bulk edit for multiple months

Feature

Fees and MPI inclusion

Feature

FAQ

What types of loans can Loan Calculator Pro calculate?

Loan Calculator Pro can calculate monthly payments for fixed-rate loans such as home mortgages, auto loans, and credit cards. It is designed for straightforward financial calculations.

How does Loan Calculator Pro help with early loan payoff?

You can simulate "what if" scenarios by entering extra monthly and yearly payment amounts. This feature shows you how much interest you will save and how much sooner you can pay off your loan.

Can I track extra payments made at different times with Loan Calculator Pro?

Yes, Loan Calculator Pro allows you to track extra payments of variable amounts at any point in the life of your loan. This ensures accurate tracking even for irregular additional payments.

Does Loan Calculator Pro offer a detailed payment schedule?

Yes, it provides a complete amortization table that displays the amount, interest, principal, and remaining balance for each payment. You can also bookmark specific payments for easy reference.

How does Loan Calculator Pro handle multiple loans?

You can save and organize all your various loans within the app, so you don't have to re-enter information each time. It also remembers and opens the last saved loan you were working on.

Is my loan information kept private with Loan Calculator Pro?

Yes, Loan Calculator Pro includes passcode protection to keep your loan information private. You can also back up your data to your computer for safekeeping.

What platforms is Loan Calculator Pro available on?

Loan Calculator Pro is available on iPhone and iPod. It is designed for iOS devices.

Does Loan Calculator Pro have ads?

No, Loan Calculator Pro is ad-free. Users have praised its lack of ads and upselling in reviews.