# Loan Calculator‰ — Simple Loan Calculator > Tool for calculating loan and mortgage payment estimates. (iPhone/iPad app by Tim O's Studios, LLC.) - Source: https://appshunter.io/ios/app/loan-calculator/id558688927 (this page in markdown: same URL + `.md`) - Developer: [Tim O's Studios, LLC](https://appshunter.io/developer/412839685) - Category: Finance, Utilities - Price: Free - Rating: 4.90/5 from 104,929 App Store ratings · 263 written reviews indexed - Age rating: 4+ - Requires: iOS 10.0 · 34 MB - Languages: American English - Released: 2012-09-12 - Data updated: 2026-08-29 - Monetization: ad-supported - User reviews in markdown: https://appshunter.io/ios/app/loan-calculator/id558688927/reviews.md ## What is Loan Calculator‰? This app is perfect to calculate a loan or mortgage. It is very simple just enter your amount, term, and rate. ## Key features - Loan calculation - Mortgage calculation - Amount input - Term input - Rate input ## What do users think of Loan Calculator‰? Overall sentiment: positive **Pros** - 👍 Simple and easy to use - 🚀 Straightforward and intuitive - 💡 Accurate loan repayment calculations - 🚀 Instant results - 👍 Helpful for financial decisions **Cons** - 🐛 Incorrect interest calculations - 🔍 Limited functionality - 💸 Excessive advertisements - 🔍 Cannot switch to landscape mode - 🔒 Privacy concerns with data collection **Commonly reported bugs** - Ad banner covers input fields, making the app unusable - Monthly interest figure shown is incorrect - App crashes or freezes on certain devices **Most requested features** - Add option to calculate weekly or bi-weekly payments - Implement amortization schedule feature - Allow entering monthly payment to calculate loan amount or interest rate - Provide option to remove ads through in-app purchase ## Recent user reviews (10 of 263) All indexed reviews: https://appshunter.io/ios/app/loan-calculator/id558688927/reviews.md ### 2/5 — Not what it used to be *2026-08-24, version 3.0* I used to use this app all the time and loved it. But lately it has been glitchey and the ads are so intrusive! ### 1/5 — Now useless *2026-08-23, version 3.0* Used this app for years. A recent update now displays ads. This morning no matter what I did, I could not get past the ad. ### 5/5 — Very Useful Too For Us Accountant *2026-08-20, version 3.0* I served as the president of a successful accounting firm, where I prepared tax returns and financial statements for clients. Additionally, I was a notary public and am currently an IRS Enrolled Agent. Our practice operated successfully for over thirty years. Unfortunately, I was hospitalized after a sudden health emergency that resulted in a 24-minute cardiac episode, leaving me paralyzed from the shoulders down. I have found great value in certain software that is widely used by clients to calculate interest payments on various loans. I continue to rely on this software, which I have installed on my iPad and iPhone, and it remains a useful tool. Many clients still contact my office to inquire about loan interest rates and repayment amounts. I would recommend this software to individuals seeking to determine potential loan interest payments. It is highly user-friendly, making it accessible even to those without accounting expertise. Thank you.! ### 2/5 — Too many ads *2026-08-19, version 3.0* Had this for years. Just uninstalled as I was getting ads I couldn’t get out of. I get it, they have to earn something, I’m happy to see an ad here and there, but after having for years this last one (WGU) was literally un-dismissable and I deleted app. ### 2/5 — Interest *2026-08-18, version 3.0* Handy app but keep in mind where it says monthly interest. It’s actually showing monthly principal. Everything else is accurate. ### 5/5 — Simple *2026-08-16, version 3.0* Simple and to the point. I like it. ### 5/5 — Love this app *2026-08-15, version 3.0* I like being able to see what my notes will be before going into somewhere to try to buy something. Great finance ### 5/5 — Easy *2026-08-13, version 3.0* Super easy to use ### 1/5 — Incorrect *2026-08-11, version 3.0* Calculations for interest are incorrect ### 1/5 — Useless *2026-08-10, version 3.0* Not sure how this POS APP has a 4.9 rating but every time I try to use it it’s locked up on adds. ## Frequently asked questions about Loan Calculator‰ ### What does this loan calculator app do? This app helps you estimate your monthly payments for loans or mortgages. You can quickly see how different loan amounts, terms, and interest rates will affect your repayment schedule. ### How do I use the loan calculator? Using the calculator is straightforward. You just need to enter the total loan amount, the desired repayment term (e.g., in years or months), and the annual interest rate. The app will then provide an estimated monthly payment. ### Is this app free to use? Yes, the app is free to download and use. It is supported by advertisements, which are displayed within the application. ### What kind of loans can I calculate? The app is designed to calculate estimates for general loans and mortgages. It's a useful tool for anyone considering taking out a loan and wanting to understand potential repayment costs. ## Version history (last 5 releases) ### 3.0 — 2022-02-17 - Bug Fixes ### 2.22 — 2021-03-03 -Bug Fixes ### 2.21 — 2021-02-10 -Bug Fixes ### 2.2 — 2020-11-04 -Added support for new devices ### 2.1 — 2018-12-11 - Added support for new iPhone and iPad ## Apps similar to Loan Calculator‰ | App | Rating | Price | Category | | --- | --- | --- | --- | | [Loan Calculator - Loan2Me](https://appshunter.io/ios/app/loan-calculator-loan2me/id1442980816) | 4.8 (8,234) | Free | Finance | | [Financial Calculator: Percent](https://appshunter.io/ios/app/financial-calculator-percent/id957134762) | 4.7 (14,664) | Free | Finance | | [Loan Calculator - Debt Planner](https://appshunter.io/ios/app/loan-calculator-debt-planner/id1059124601) | 4.6 (22,434) | Free | Finance | | [Mortgage Calculator- Home Loan](https://appshunter.io/ios/app/mortgage-calculator-home-loan/id1155749575) | 4.6 (412) | Free | Finance | | [Amortization Loan Calculator +](https://appshunter.io/ios/app/amortization-loan-calculator-plus/id1522711172) | 4.7 (104) | Free | Finance | | [Loan Calculator - Payment Calc](https://appshunter.io/ios/app/loan-calculator-payment-calc/id1531071094) | 4.7 (963) | Free | Finance | ## More apps by Tim O's Studios, LLC - [Rocket Quest Lite](https://appshunter.io/ios/app/rocket-quest-lite/id478635438) - [Calculator‰](https://appshunter.io/ios/app/calculator/id486645049) - [Flashlight - Night Light Clock](https://appshunter.io/ios/app/flashlight-night-light-clock/id493794012) - [Level-](https://appshunter.io/ios/app/level/id498652631) - [Stopwatch‰](https://appshunter.io/ios/app/stopwatch/id505889167) - [Stopwatch%](https://appshunter.io/ios/app/stopwatch/id505896404) All apps by Tim O's Studios, LLC: https://appshunter.io/developer/412839685 ## Related topics [finance calculator](https://appshunter.io/ios/topics/finance-calculator) · [loan calculator](https://appshunter.io/ios/topics/loan-calculator) · [mortgage calculator free](https://appshunter.io/ios/topics/mortgage-calculator-free) · [home loan calculator](https://appshunter.io/ios/topics/home-loan-calculator) · [car loan calculator](https://appshunter.io/ios/topics/car-loan-calculator) · [loan calculator house](https://appshunter.io/ios/topics/loan-calculator-house) · [loan calculator commercial](https://appshunter.io/ios/topics/loan-calculator-commercial) · [loan calculator comparison](https://appshunter.io/ios/topics/loan-calculator-comparison) · [loan calculator vehicle](https://appshunter.io/ios/topics/loan-calculator-vehicle) · [loan calculator rv](https://appshunter.io/ios/topics/loan-calculator-rv) · [payment calculator](https://appshunter.io/ios/topics/payment-calculator) · [home loan calculator comparison](https://appshunter.io/ios/topics/home-loan-calculator-comparison) · [home loan calculator equity](https://appshunter.io/ios/topics/home-loan-calculator-equity) · [home loan calculator payment](https://appshunter.io/ios/topics/home-loan-calculator-payment) · [rental calculator mortgage](https://appshunter.io/ios/topics/rental-calculator-mortgage) · [car loan calculator payments](https://appshunter.io/ios/topics/car-loan-calculator-payments) · [simple loan calculator](https://appshunter.io/ios/topics/simple-loan-calculator) · [payment calculator house](https://appshunter.io/ios/topics/payment-calculator-house) · [simple loan payment calculator](https://appshunter.io/ios/topics/simple-loan-payment-calculator) · [loan calculator free](https://appshunter.io/ios/topics/loan-calculator-free) --- *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 2026-08-29.*