# Loan Estimate — Plan your mortgage payoff

> Mortgage and loan payoff planner with amortization schedule comparison. (iPhone/iPad app by NJC Software LLC.)

- Source: https://appshunter.io/ios/app/loan-estimate/id6753036922 (this page in markdown: same URL + `.md`)
- Developer: [NJC Software LLC](https://appshunter.io/developer/1657499547)
- Category: Finance, Utilities
- Price: Free
- Rating: 5.00/5 from 1 App Store ratings
- Age rating: 4+
- Requires: iOS 18.5 · 3 MB
- Languages: Bulgarian, French, German, Portuguese, Spanish
- Released: 2025-10-08
- Data updated: 2026-07-02
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/loan-estimate/id6753036922/reviews.md

## What is Loan Estimate?

Loan Estimate helps you understand how payment frequency, interest rate, amortization, and extra payments affect total interest and payoff date.

Enter your mortgage or loan details, compare repayment scenarios, and review a clear amortization schedule. Whether you are planning a new mortgage, refinancing, or exploring prepayment strategies, Loan Estimate gives you a simple way to review the numbers before you commit.

Features:
- Estimate installments, total interest, and payoff date
- Review amortization schedules with principal and interest breakdowns
- Add one-time or recurring extra payments
- Compare scenarios with and without extra payments
- Adjust advanced settings to reflect regional lending and amortization conventions

## Key features

- Estimate installments, total interest, and payoff date
- Review amortization schedules
- Add one-time or recurring extra payments
- Compare scenarios with and without extra payments
- Adjust advanced settings for regional conventions


## Frequently asked questions about Loan Estimate

### 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.

## Version history (last 5 releases)

### 2.0 — 2026-04-03

- Enhanced the app look and feel
- Added a dedicated loan workspace with Info, Table, Chart, and Terms tabs
- Improved localization support
- Bug fixes

### 1.3 — 2026-03-11

- Better support for mortgages in more countries and regions
- Faster setup with recommended defaults based on your device region
- More accurate payoff estimates with improved interest and extra payment calculations

### 1.2 — 2025-12-02

- Shows current balance if available
- Bug fixes

### 1.1 — 2025-10-20

Added an about page for reference and contact.
Added an amortization chart for easy visualization of the whole loan reimbursement.

### 1.0 — 2025-10-08

No release notes.

## Apps similar to Loan Estimate

| App | Rating | Price | Category |
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| [Loan Calculator & Amortization](https://appshunter.io/ios/app/loan-calculator-and-amortization/id6761834174) | — | Free | Finance |
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| [Hustlers Loan Tracker](https://appshunter.io/ios/app/hustlers-loan-tracker/id6762226081) | — | Free | Finance |
| [Easy Loan Calculator Pro](https://appshunter.io/ios/app/easy-loan-calculator-pro/id6760078921) | — | Free | Finance |

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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 2026-07-02.*