# Loan Calculator - — Calculate Loan EMI Mortgage > Loan EMI calculator with flexible prepayment and interest rate options. (iPhone/iPad app by Swetha MB.) - Source: https://appshunter.io/ios/app/loan-calculator/id1456539827 (this page in markdown: same URL + `.md`) - Developer: [Swetha MB](https://appshunter.io/developer/599426588) - Category: Finance, Books - Price: Free with in-app purchases - Rating: 4.60/5 from 16 App Store ratings - Age rating: 4+ - Requires: iOS 10.3 · 15 MB - Languages: American English - Released: 2019-03-24 - Data updated: 2026-08-27 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/loan-calculator/id1456539827/reviews.md ## What is Loan Calculator? ******App is with awesome useful features. Download & Explore****** ******Download App and find out how you can save your money by prepaying the loan principal at different times monthly, adhoc, yearly, varying interest rates, fixing the EMI amounts.****** ***** First Time in Loan Calculation...App is so Flexi. Meets real world loan scenarios. Look at screenshots, videos, descriptions & try yourself ***** ***** App has 2 types of loan modes where you can enter annual extra dues, for example for home loan - it has provision to input property tax, insurance and HOA dues. For Auto loan - annual road tax, insurance & fuel maintenance. So app will calculate effective monthly outgo for each loan. App calculates the EMI(equated monthly instalment) for the given loan amount. App shows the amortisation schedule showing date, interest, principal & balance outstanding for each month. App is very flexible and meets real world scenarios with the following features. *User can enter multiple floating interest data in loan tenure. *User can add prepayment information in multiple ways like monthly, yearly and adhoc types. *User can set fixed EMI at any given time in loan tenure. *3 different loan loan interest can be compared with their EMI, total interest paid and total loan amount repaid. *App provides statistics money saved and tenure reduction in tabular and pie chart graph reports Note: Please do verify the results with your bank's way of calculating interest rates before making any financial decisions. Interest rates & calculation vary from bank to bank. If you have any feedback please contact us. ## Key features - Calculate EMI for loans - Flexible prepayment options - Handle varying interest rates - Compare loan scenarios - Amortization schedule - Savings and tenure reduction reports ## Pricing and in-app purchases Base price: Free. **One-time purchases** | Purchase | Price | Type | | --- | --- | --- | | All Advanced features & AdFree | $1.99 | one-time | ## Frequently asked questions about Loan Calculator ### What is the primary function of Loan Calculator? Loan Calculator helps users calculate Equated Monthly Installments (EMI) for various loans. It also allows for detailed analysis of prepayment strategies and their impact on savings and loan tenure. ### Does Loan Calculator support different types of loans? Yes, the app is designed to be flexible and can accommodate real-world loan scenarios, including provisions for annual dues like property tax or insurance for home loans, and road tax or fuel maintenance for auto loans. ### Can I compare different loan options with Loan Calculator? Absolutely. The app allows you to compare up to three different loan interest scenarios side-by-side, showing their respective EMIs, total interest paid, and total loan amounts repaid. ### How does Loan Calculator help users save money? It provides statistics on money saved and tenure reduction through prepayment options, presented in both tabular and pie chart graph reports. This helps users visualize the financial benefits of their repayment strategies. ### What kind of prepayment options are available in Loan Calculator? Loan Calculator offers flexible prepayment options, allowing users to input extra payments on a monthly, yearly, or ad-hoc basis. You can also set fixed EMI amounts at any point during the loan tenure. ### Is Loan Calculator available on multiple devices? Based on the provided data, Loan Calculator is supported on iPhone, iPad, and iPod devices, indicating compatibility with Apple's iOS ecosystem. ### How often is Loan Calculator updated? The app was last updated on April 23, 2019, to version 11.5. While this indicates a past update, users may wish to check the app store for more recent release information. ### Does Loan Calculator have ads? No, the application does not contain advertisements, as indicated by the 'hasAds' flag being false in the provided data. ## Version history (last 3 releases) ### 11.5 — 2019-04-23 Include tax, insurance & maintenance amount with an option to include annual increments. See these dues along with loan EMI amount for each month. User can have a favorite loan and app will get launched with the favorite loan values each time. User can add downpayment to Loan Info and can calculate installment amount in a refreshed UI slider. Minor UI Enhancements. ### 10.2 — 2019-03-28 Minor UX bug fix. ### 10.1 — 2019-03-22 No release notes. ## Apps similar to Loan Calculator | App | Rating | Price | Category | | --- | --- | --- | --- | | [Loan Calculator - Home Payment](https://appshunter.io/ios/app/loan-calculator-home-payment/id1097378421) | 4.8 (313) | Free | Finance | | [Loan Calculator (Installment)](https://appshunter.io/ios/app/loan-calculator-installment/id905745954) | 4.8 (614) | Free | Finance | | [Loan Calculator: Payoff Debt](https://appshunter.io/ios/app/loan-calculator-payoff-debt/id1475059603) | — | Free | Finance | | [Amortization Loan Calculator](https://appshunter.io/ios/app/amortization-loan-calculator/id1436857045) | 4.7 (1,080) | Free | Finance | | [Loan Amortization Calculator](https://appshunter.io/ios/app/loan-amortization-calculator/id1465620086) | 4.8 (618) | Free | Finance | | [Loan Calculator Professional](https://appshunter.io/ios/app/loan-calculator-professional/id689683807) | 2.5 (92) | Free | Finance | ## More apps by Swetha MB - [EMI Calculator Loan Tracker](https://appshunter.io/ios/app/emi-calculator-loan-tracker/id600855212) - [Flexi Expense Tracker : Budget](https://appshunter.io/ios/app/flexi-expense-tracker-budget/id654782654) - [Internet Data Tracker Manager](https://appshunter.io/ios/app/internet-data-tracker-manager/id1100091837) - [Roku TV Remote Control : Smart](https://appshunter.io/ios/app/roku-tv-remote-control-smart/id1462698875) - [Remote for Samsung : iSamSmart](https://appshunter.io/ios/app/remote-for-samsung-isamsmart/id1470809236) All apps by Swetha MB: https://appshunter.io/developer/599426588 ## Related topics [loan calculator professional](https://appshunter.io/ios/topics/loan-calculator-professional) · [loan calculator savings](https://appshunter.io/ios/topics/loan-calculator-savings) --- *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 2026-08-27.*