
Loanwise - Loan Calculator
Mortgage Mix & Amortization
About
This loan calculator helps you understand monthly and lifetime loan payments. It provides instant insights for comparing personal loans or structuring mortgages with multiple tracks, enabling confident financial planning.
What's New in Loanwise
1.22.0
October 10, 2026
You can now save your loan calculations and reopen them anytime from a handy history list. On phones, this list appears as a drawer for easy access, while on wide screens it stays visible beside your results for seamless viewing. When you open a saved calculation, the complete loan details are restored so you can continue working on it. You can also delete any history entry or start fresh with a new calculation whenever you like. If you calculate the same loan again, the app smartly updates the existing history entry instead of adding a duplicate, keeping your history clean and organized. The Calculate Payments feature now uses your saved schedule if results are already available, speeding up the process by avoiding unnecessary server requests. On the payment distribution page, you can export the remaining amount to pay as a CSV file and save it directly to your device storage for easy sharing and record keeping. Enjoy a charming piggy-bank animation while the app processes your calculations, replacing the old loading spinner and making your experience more delightful.
MoreFAQ
What is Loanwise?
Loanwise is a free, easy-to-use loan calculator designed to help users understand their monthly payments, total repayment, and interest costs for various loan types, including mortgages. It offers a clear financial breakdown and supports comparing multiple loans simultaneously.
Is Loanwise free to use?
Yes, Loanwise is completely free to download and use. The app is supported by its developer and does not require any payment or subscription to access its full functionality.
Does Loanwise have ads?
No, Loanwise is ad-free. The app is designed to provide a distraction-free experience, allowing users to focus on making informed financial decisions without interruptions.
What types of loans can I calculate with Loanwise?
Loanwise is ideal for calculating personal loans and complex mortgage scenarios. It can handle multiple loan parts, including fixed and variable rates, to simulate various financial situations accurately.
On which devices can I use Loanwise?
Loanwise is available for iPhone, iPad, and iPod devices. It is optimized for iOS users who need a reliable tool for financial planning on the go.
How often is Loanwise updated?
The latest version of Loanwise is 1.19.0, last updated on September 1, 2026. This indicates a commitment to maintaining and improving the application's functionality and performance.
What is the user rating for Loanwise?
Loanwise has received an excellent rating of 5.0 stars from one review. This suggests a very positive initial user reception for the app's features and usability.
What is the age rating for Loanwise?
Loanwise has an age rating of 4+, making it suitable for a wide audience. This indicates that the content within the app is appropriate for young users and above.


