# Loan Power

> Loan calculator for payments, principal, interest rate, and term. (iPhone/iPad app by David Burns.)

- Source: https://appshunter.io/ios/app/loan-power/id526616656 (this page in markdown: same URL + `.md`)
- Developer: [David Burns](https://appshunter.io/developer/526616659)
- Category: Finance, Business
- Price: Free with in-app purchases
- Rating: 5.00/5 from 1 App Store ratings · 3 written reviews indexed
- Age rating: 4+
- Requires: iOS 8.0 · 4 MB
- Languages: American English
- Released: 2012-05-17
- Data updated: 2026-06-05
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/loan-power/id526616656/reviews.md

## What is Loan Power?

With Loan Power you can calculate payments, principal, interest rate, or term. Answer questions like:

- How big a loan can I get at a payment I can afford?
- How long will it take me to pay off a credit card at a certain payment?
- What rate do I need on a CD to generate the income I want?
- How much will I need to pay monthly?

## Key features

- Calculate loan payments
- Determine principal
- Calculate interest rate
- Calculate loan term
- Analyze affordability
- Credit card payoff projection

## Pricing and in-app purchases

Base price: Free.

**One-time purchases**

| Purchase | Price | Type |
| --- | --- | --- |
| Loan Power Premium | $1.99 | one-time |


## Recent user reviews (3 of 3)

All indexed reviews: https://appshunter.io/ios/app/loan-power/id526616656/reviews.md

### 5/5 — Currency

*2019-11-08*

How do you change the currency to AUD from Euro ?

### 5/5 — gret

*2018-06-16*

Do what it promises. I would add also the percentage of interest that you paid after paying your credit card/loan.

Thannks David!

### 5/5 — Works great!

*2012-05-23*

What a great app! If you need quick access to loan info this is for you.  Bravo!

## Frequently asked questions about Loan Power

### What can Loan Power calculate?

Loan Power can calculate loan payments, principal amounts, interest rates, and loan terms. It helps users understand how much loan they can afford, how long it will take to pay off debt, and potential investment income.

### Is Loan Power free to use?

Yes, Loan Power is available for free. It was released on May 17, 2012, and is supported by in-app purchases.

### What devices does Loan Power support?

Loan Power is compatible with iPhones and iPods. It is suitable for users on Apple mobile devices.

### How secure is Loan Power?

Loan Power is a finance calculation tool and does not handle sensitive personal financial data or connect to bank accounts. It focuses on calculations based on user input.

### When was Loan Power last updated?

The latest version of Loan Power was released on August 24, 2017. While it has not been updated recently, its core functionality remains relevant for loan calculations.

### What is the age rating for Loan Power?

Loan Power has an age rating of 4+, making it suitable for users of all ages who need to perform financial calculations.

### Does Loan Power have ads?

No, Loan Power does not contain advertisements. Users can perform calculations without interruption from ads.

### What do users like about Loan Power?

Based on its 5.0-star rating from one review, users likely appreciate its straightforward functionality for performing essential loan calculations accurately and efficiently.

## Version history (last 2 releases)

### 1.1 — 2017-08-24

This app has been updated by Apple to display the Apple Watch app icon.

* Updated to work better with the latest devices
* Bug fixes

### 1.0 — 2012-05-17

No release notes.

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## More apps by David Burns

- [Interval Power](https://appshunter.io/ios/app/interval-power/id1219862984)

All apps by David Burns: https://appshunter.io/developer/526616659

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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 2026-06-05.*