Simple Loan: Loan Calculator

Loan calculations should feel simple. Enter an amount, interest rate, and term. Your payment updates instantly. Simple Loan brings a familiar number pad, crisp haptics, and smooth animations to the everyday questions behind a loan. FIND THE MISSING NUMBER Solve for payment, interest rate, principal, or term. Add a down payment as an amount or percentage, and switch between years and months without re-entering the loan. SEE THE WHOLE SCHEDULE Choose a loan start date and explore a dated monthly amortization schedule. Follow the interactive payoff chart to see remaining balance, principal paid, and interest paid. Today shows the scheduled balance and next payment, assuming previous payments were made on time. EXPLORE YOUR OPTIONS Preview 36-, 48-, 60-, and 72-month terms. Add an extra monthly payment, a one-time payment, or both to see how the payoff date and total interest change. Compare two saved calculations side by side. KEEP THE CALCULATIONS THAT MATTER Name your calculations, search History, pin favorites, and duplicate a loan to try another scenario. Undo and Redo make it easy to explore. Your draft and History are stored on your device. SHARE A CLEAR PLAN Copy the payment or share a payment card, text summary, PDF, or CSV schedule through the native share sheet. MADE FOR IPHONE AND IPAD Portrait layout, adjustable text support, VoiceOver controls, optional haptics, and Reduce Motion support. Display amounts in USD, EUR, GBP, CAD, or AUD; changing currency does not convert values. No account. No ads. No subscriptions or in-app purchases. Calculations work offline. Simple Loan estimates fixed-rate loans with monthly compounding and payments at the end of each month. It does not include fees, taxes, insurance, balloon payments, prepayment penalties, or lender-specific rules. Payment dates do not adjust for weekends or holidays. Results are estimates; confirm actual terms with your lender.