# Loan Calculator%- Simple Loan Calculator — user reviews

> 3 indexed App Store user reviews of Loan Calculator% by usman hamid, rated 1.00/5 from 1 ratings.

- Source: https://appshunter.io/ios/app/loan-calculator-simple-loan-calculator/id1201676835/reviews
- App overview in markdown: https://appshunter.io/ios/app/loan-calculator-simple-loan-calculator/id1201676835.md
- Rating breakdown: 5★ 0 · 4★ 0 · 3★ 0 · 2★ 0 · 1★ 1

## Most critical reviews (3 lowest-rated)

### 1/5 — Incorrect data

*2020-01-27*

It would appear that your calculations are not correct. The value given is half the actual amount. Check your math please.

### 1/5 — Amortization is Totally Wrong

*2017-12-02, version 1.0*

Data input:
Amount borrowed: $1,000,000
Annual Interest Rate: 3.50%
Number of years: 30

Results returned:
Monthly Payment: 2,825.31
Total interest: $17,111.00
Total payment: $117,111.00

Definitely wrong.
how can total interest is only $17,111 when $1 Mil is amortized over 30 years with annual interest rate is at 3.50%??

### 1/5 — Rubbish !

*2017-10-18, version 1.0*

Monthly installment amount & affordable loan totally wrong !

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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 2026-06-01.*