# Loan calculator vs PerkMinder

The clearest difference is in-app purchases: PerkMinder at none against Loan calculator's 3. PerkMinder also leads on ads (none vs shown) and update cadence (every 10 days vs every 3 months). On price, device support and iOS requirement there is nothing between them.

Both are free to download. Loan calculator sells 3 in-app purchases, starting at $1.99 per month. PerkMinder asks for nothing beyond the download.

Loan calculator ships an update every 3 months, PerkMinder every 10 days. The most recent releases landed on October 29, 2026 and October 20, 2026 respectively.

## The numbers

| Metric | Loan calculator | PerkMinder |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.5 (828 ratings)](https://appshunter.io/ios/app/loan-calculator-installment/id1104763160/reviews)** | — |
| Number of ratings | **828** | — |
| Positive reviews | 44.8% of reviews | — |
| In-app purchases | Yes | **No** |
| Ads | Yes | **No** |
| Update frequency | Every 3 months | **Every 10 days** |
| Monetization | Free with in-app purchases | — |
| Size | 74 MB | 29 MB |
| Requires iOS | 16.4 | **15.1** |
| Devices | iPhone, iPad | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Anh Nguyen Thi Ngoc](https://appshunter.io/developer/1461438160) | [Jeffrey Liu](https://appshunter.io/developer/1874118940) |

## 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


### PerkMinder

[App page](https://appshunter.io/ios/app/perkminder/id6758640185)

**In-app purchases:** none


## Frequently asked questions

### Is Loan calculator free?

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

### Is PerkMinder free?

PerkMinder is free to download, with no in-app purchases.

### Do Loan calculator or PerkMinder have ads?

Loan calculator shows ads; PerkMinder does not.

### Which is updated more often, Loan calculator or PerkMinder?

Loan calculator ships an update every 3 months, and PerkMinder every 10 days. Most recently, Loan calculator was updated on October 29, 2026 and PerkMinder on October 20, 2026.

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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.*