Loan Ranger: Loan Calculator
Simple Loan Calculator
About
Calculate mortgages and loans with advanced tools. Understand your debt-to-income ratio, affordability, and payoff timelines. Features visual data and a learning hub to master financial terms.
What's New in Loan Ranger
1.20
July 26, 2026
Bug fix
Developer apps
FAQ
What can Loan Ranger calculate?
Loan Ranger can calculate mortgages and various loan types. It offers advanced features like inputting loan amounts, down payments, interest rates, and custom terms, with options for monthly or bi-weekly payments and extra payments to accelerate payoff.
Does Loan Ranger have ads?
Yes, Loan Ranger contains advertisements. As a free application, it is supported by ads to provide its services to users.
How does Loan Ranger help with affordability?
Loan Ranger includes a 'What Can I Afford?' tool. By inputting a comfortable monthly payment, you can determine the maximum loan size it can support, helping you understand your borrowing capacity.
Can Loan Ranger help me understand my debt-to-income ratio?
Yes, Loan Ranger features a DTI Scanner that allows you to check your debt-to-income ratio using the same metrics lenders use. This helps you assess your financial health from a lender's perspective.
What kind of visual data does Loan Ranger provide?
Loan Ranger offers clean donut charts that break down principal versus interest payments. It also provides intuitive trend lines to map out your remaining loan balance over time, making complex data easy to understand.
Is Loan Ranger available on multiple devices?
Loan Ranger is designed for simplicity and accuracy on Apple devices. It is currently supported on both iPhone and iPad.
How often is Loan Ranger updated?
Loan Ranger was last updated on July 26, 2026, with version 1.20. This indicates a recent update, suggesting ongoing development and maintenance.
What financial topics does the Learning Hub cover?
The Learning Hub in Loan Ranger provides quick-read articles on essential financial concepts. Topics include Fixed vs. Adjustable Rates, Credit Pricing, and an A-Z Jargon Buster to help users master financial terminology.