# LoanMate: Loan Calculator — Plan Your Loan Repayment

> Loan calculator for planning home, car, and personal loan repayments. (iPhone/iPad app by Ankush Minda.)

- Source: https://appshunter.io/ios/app/loanmate-loan-calculator/id6743653265 (this page in markdown: same URL + `.md`)
- Developer: [Ankush Minda](https://appshunter.io/developer/1563214453)
- Category: Finance
- Price: Free
- Rating: 5.00/5 from 2 App Store ratings
- Age rating: 4+
- Requires: iOS 17.6 · 6 MB
- Languages: American English
- Released: 2025-03-24
- Data updated: 2026-06-06
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/loanmate-loan-calculator/id6743653265/reviews.md

## What is LoanMate?

LoanMate: The Smarter Way to Plan Your Loans

Take control of your finances with LoanMate, a powerful yet simple loan calculator designed to help you make better financial decisions. Whether it is a home loan, car loan, or personal loan, LoanMate provides accurate calculations, detailed schedules, and personalized insights.

Key Features
	•	Accurate EMI Calculation: Instantly calculate your monthly payments with precision by entering your loan amount, interest rate, and tenure.
	•	Customizable Inputs: Adjust your principal, interest rate, and tenure to see the impact on your payments and choose the best plan.
	•	Loan Simulator (New): Compare different loan scenarios by modifying interest rate, tenure, and principal. View real-time charts, detailed tables, and key insights to analyze the impact before making financial decisions.
	•	Amortization Schedule: Get a detailed breakdown of each payment, including principal and interest amounts, to stay on top of your loan.
	•	Export & Share: Save your amortization schedule as a CSV file for offline use or share it with financial advisors.
	•	Smart Loan Insights: Understand the effects of prepayments, interest rate changes, and loan tenure adjustments on your total repayment.
	•	User-Friendly Design: A clean, modern interface for quick navigation and easy calculations.
	•	Dark Mode: Switch to dark mode for a comfortable experience during extended use.

Who Should Use LoanMate?
	•	Homebuyers: Plan mortgage EMIs, explore repayment strategies, and make informed decisions.
	•	Car Buyers: Calculate car loan EMIs and select the most suitable repayment plan.
	•	Students: Manage education loans effectively and plan finances for the future.
	•	Professionals: Track personal loans and develop strategies for faster repayment.

Disclaimer

The calculations provided by LoanMate are for informational purposes only and are based on the inputs provided. These values are indicative and may not reflect the exact amounts calculated by financial institutions. Please consult your bank or financial advisor for precise and official information.

## Key features

- Accurate EMI Calculation
- Customizable Loan Inputs
- Loan Simulator
- Amortization Schedule
- Export & Share Schedules
- Smart Loan Insights
- User-Friendly Design


## Frequently asked questions about LoanMate

### What types of loans can LoanMate calculate?

LoanMate can calculate EMIs and provide amortization schedules for home loans, car loans, personal loans, and education loans. It is designed to help users plan their repayment for various borrowing scenarios.

### How accurate are LoanMate's calculations?

LoanMate provides accurate calculations based on the inputs you provide, including loan amount, interest rate, and tenure. However, it is important to note that these are for informational purposes and may not reflect the exact amounts calculated by financial institutions.

### Can I compare different loan options with LoanMate?

Yes, LoanMate features a Loan Simulator that allows you to compare different loan scenarios by modifying interest rates, tenures, and principal amounts. You can view real-time charts and detailed tables to analyze the impact of these changes.

### Can I save or share my loan plans from LoanMate?

Yes, LoanMate allows you to save your amortization schedule as a CSV file for offline use. You can also easily share these schedules with financial advisors or other relevant parties.

### Does LoanMate offer insights into loan repayment?

LoanMate provides Smart Loan Insights to help you understand the effects of prepayments, interest rate changes, and tenure adjustments on your total repayment. This helps in developing strategies for faster repayment.

### Is LoanMate available on multiple devices?

LoanMate is available on iPhone and iPad, offering a user-friendly design for quick navigation and easy calculations across these Apple devices.

### Does LoanMate have ads?

No, LoanMate does not contain advertisements, providing an uninterrupted experience for users focused on financial planning.

### How often is LoanMate updated?

LoanMate was last updated on March 31, 2025, with version 25.3.30. Updates typically include new features, bug fixes, and performance improvements to enhance the user experience.

## Version history (last 2 releases)

### 25.3.30 — 2025-03-31

We are excited to introduce new features and enhancements to improve your loan planning experience:
	•	Loan Simulator: Compare different loan scenarios by adjusting interest rates, tenure, and principal. View the impact through interactive charts, detailed tables, and key insights to make informed financial decisions.
	•	Improved Insights: Get more precise calculations and deeper analysis of how changes in your loan affect total repayment.
	•	Performance Enhancements: Optimized calculations for faster results and improved user experience.
	•	Bug Fixes: Addressed minor issues to ensure a smoother and more reliable experience.

Update now and take full control of your loans with LoanMate. Let us know your feedback!

### 25.3.24 — 2025-03-24

No release notes.

## Apps similar to LoanMate

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [Loan Calculator - Financial](https://appshunter.io/ios/app/loan-calculator-financial/id6741057841) | — | Free | Finance |
| [EMI & Smart Loan](https://appshunter.io/ios/app/emi-and-smart-loan/id6741749375) | — | Free | Finance |
| [Loan Tool: Loan Emi Calculator](https://appshunter.io/ios/app/loan-tool-loan-emi-calculator/id6569229607) | — | Free | Finance |
| [Loan Calculator LOAN+](https://appshunter.io/ios/app/loan-calculator-loan-plus/id6739851306) | — | Free | Finance |
| [LoanQuantum](https://appshunter.io/ios/app/loanquantum/id6618150402) | — | Free | Finance |
| [Calcmate - EG](https://appshunter.io/ios/app/calcmate-eg/id6741808264) | — | Free | Finance |

## More apps by Ankush Minda

- [USD to INR Converter](https://appshunter.io/ios/app/usd-to-inr-converter/id1563673414)
- [Take Home Salary Calculator](https://appshunter.io/ios/app/take-home-salary-calculator/id1563910314)
- [Euro to INR Converter](https://appshunter.io/ios/app/euro-to-inr-converter/id1565155538)
- [Thai Baht to INR Converter](https://appshunter.io/ios/app/thai-baht-to-inr-converter/id1565310848)
- [GBP (Pound) to INR Converter](https://appshunter.io/ios/app/gbp-pound-to-inr-converter/id1570069662)
- [AED to INR Converter](https://appshunter.io/ios/app/aed-to-inr-converter/id1570111287)

All apps by Ankush Minda: https://appshunter.io/developer/1563214453

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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 2026-06-06.*
