This app helps you understand the true cost of loans and mortgages by revealing total interest paid and offering payoff scenarios. It provides detailed amortization schedules and allows for comparison of multiple loan options. Ideal for homebuyers, car buyers, and financial professionals seeking clarity on loan terms.
Reviews of Loan Calculator are mixed: the Finance app is rated 4.6/5 from 23K App Store ratings. What users like most: easy to use, quick calculations. Top complaints: lacking advanced features, excessive ads. Summarized from real user reviews.
3.12.0
November 8, 2026
• Fixed the display on iPhone Duo, so the app now shows correctly on both screens, whether folded, open or partly open • Ads take up less space on smaller screens, leaving more room for your loan details
MoreUnlocks All App Features & Removes Ads
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
Loan Calculator helps users understand the full cost of loans and mortgages by showing total interest paid and providing detailed amortization schedules. It allows for comparison of different loan scenarios and helps visualize payoff timelines.
Loan Calculator contains advertisements. Users can opt for a subscription to remove ads and gain access to additional features and an ad-free experience on iOS devices.
Loan Calculator offers a Weekly Pass for $1.99, a Monthly Pass for $4.99, and a Yearly Pass for $29.99. Subscriptions provide unlimited saved loan entries, access to extra finance tools, and an ad-free experience.
Yes, subscriptions can be cancelled anytime within your iTunes account settings. Cancellations must be made at least 24 hours before the end of the current subscription period to avoid automatic renewal.
Loan Calculator is available on Mac, Apple Watch, iPhone, and iPad. It also supports syncing across all your Apple devices for a seamless experience.
The latest version of Loan Calculator is 3.12.0, last updated on November 8, 2026. Updates are provided to continue offering new features and improvements.
User reviews indicate a neutral overall sentiment. Pros include ease of use, quick calculations, and helpfulness for financial decisions, while cons mention excessive ads and occasional bugs.
Yes, Loan Calculator is built for real people, including first-time homebuyers. Its clear visualizations and simple interface make complex loan information accessible and understandable.
