Loan Estimate
Plan your mortgage payoff
About
This app helps you understand the impact of payment frequency, interest rates, and extra payments on your mortgage or loan. Compare different repayment scenarios and visualize amortization schedules to make informed financial decisions.
What's New in Loan Estimate
2.0
April 3, 2026
- Enhanced the app look and feel - Added a dedicated loan workspace with Info, Table, Chart, and Terms tabs - Improved localization support - Bug fixes
MoreFAQ
What is Loan Estimate used for?
Loan Estimate helps you understand how payment frequency, interest rate, amortization, and extra payments affect total interest and payoff date for your mortgage or loan.
Can I add extra payments in Loan Estimate?
Yes, Loan Estimate allows you to add both one-time and recurring extra payments to your loan scenarios.
Does Loan Estimate show amortization schedules?
Yes, Loan Estimate provides clear amortization schedules with detailed breakdowns of principal and interest for your loan.
What devices support Loan Estimate?
Loan Estimate is available for iPhone and iPad devices.
How often is Loan Estimate updated?
The latest version, 2.0, was last updated on April 3, 2026. Updates typically occur to improve functionality and add features.
Is Loan Estimate suitable for beginners?
Yes, the app is designed to give you a simple way to review loan numbers, making it accessible for those planning new mortgages or refinancing.
Does Loan Estimate have ads?
No, Loan Estimate does not contain advertisements.
What is the age rating for Loan Estimate?
Loan Estimate has an age rating of 4+, making it suitable for a wide range of users.
