# Loan calculator vs Payment CaIculator

The clearest difference is rating: Payment CaIculator at 5.0 against Loan calculator's 4.5. Payment CaIculator also leads on iOS requirement (12.0 vs 16.4). Loan calculator's advantage is ratings volume (828 vs 6). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Loan calculator sells 3 in-app purchases, starting at $1.99 per month and Payment CaIculator sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.

Payment CaIculator holds the better App Store score, 5.0 against 4.5. That said, the two scores are not equally well evidenced: Loan calculator has 828 ratings behind it against 6, so its average is the more settled of the two.

## The numbers

| Metric | Loan calculator | Payment CaIculator |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.5 (828 ratings)](https://appshunter.io/ios/app/loan-calculator-installment/id1104763160/reviews) | **[5.0 (6 ratings)](https://appshunter.io/ios/app/payment-caiculator/id6478268391/reviews)** |
| Number of ratings | **828** | 6 |
| Positive reviews | 44.8% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | Yes | Yes |
| Update frequency | Every 3 months | — |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Size | 74 MB | 61 MB |
| Requires iOS | 16.4 | **12.0** |
| Devices | iPhone, iPad | **iPhone, iPad, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Anh Nguyen Thi Ngoc](https://appshunter.io/developer/1461438160) | [Edison Largo](https://appshunter.io/developer/978541799) |

## What reviewers say

### Loan calculator

[App page](https://appshunter.io/ios/app/loan-calculator-installment/id1104763160)

Easily calculate monthly loan payments, interest rates, loan amounts, or repayment periods. Visualize your loan breakdown with pie charts and detailed amortization schedules.

**Highlights:** Calculate monthly/yearly payments, Determine interest rate, Calculate loan amount, Calculate loan term, Generate amortization schedules, Visualize with pie charts, Interactive graphs

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Monthly | $1.99 | per month |
| Annual | $6.99 | per year |
| Lifetime Access | $19.99 | one-time |

**What reviewers like**

- 👍 Simple and effective
- 🚀 Straightforward and fast
- 💡 Useful for loan calculations
- 👍 Easy to use
- 👍 Neat little tool

**What reviewers complain about**

- 🐛 Freezes up and doesn't function well
- 🔍 Lacks some payment options (weekly, bi-weekly)
- 💸 Ads get in the way of use
- 🔒 Paid to remove ads but still have them
- 🐛 Doesn't save loan scenarios

**Reported bugs**

- Loan amount entry clears after entering interest and term
- Decimal places don't work in interest rate
- Can't scroll up to contact developer
- Calculates inaccurate repayments

**Requested features**

- Add ability to include extra payments in calculations
- Convert amortization table to PDF
- Add more payment options (weekly, bi-weekly)
- Allow adjusting payment amount to see impact


### Payment CaIculator

[App page](https://appshunter.io/ios/app/payment-caiculator/id6478268391)

This app helps you understand your loan payments for mortgages, car loans, and personal loans. It generates detailed amortization schedules and provides visual charts of your financial progress. Empower your financial decisions with this essential tool.

**Highlights:** Loan payment calculation, Mortgage calculation, Car loan calculation, Personal loan calculation, Amortization schedules, Financial progress charts

**Features:** macOS Compatibility

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Remove Ads | $6.99 | one-time |


## Frequently asked questions

### Is Loan calculator free?

Loan calculator is free to download, with in-app purchases available.

### Is Payment CaIculator free?

Payment CaIculator is free to download, with in-app purchases available.

### Which has better reviews, Loan calculator or Payment CaIculator?

Payment CaIculator is rated higher. Loan calculator averages 4.5 out of 5 from 828 ratings, while Payment CaIculator averages 5.0 from 6 ratings.

### Do Loan calculator or Payment CaIculator have ads?

Both Loan calculator and Payment CaIculator show ads.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*