LoanMagic vs Fairtabs
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
LoanMagic
Manage your home loan from start to finish. Track real-time progress, securely share and sign documents, and communicate directly with your mortgage team. Stay organized and informed throughout the entire loan process.
- Real-time loan status updates
- Secure document upload and sharing
- In-app document signing
- Direct messaging with mortgage team
- Calendar integration for important dates
- Encrypted file sharing via cloud services
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*The LoanMagic app requires an ACTIVE HOME LOAN. Ask your mortgage lender for a FREE invitation with your unique login! The LoanMagic app lets borrowers manage the entire loan process. Keep track of your loan status in real-time. Send, receive and sign your loan documents. Message your mortgage team instantly, and schedule important events right to your calendar! REAL-TIME LOAN STATUS UPDATES Follow your loan progress in real-time. The loan tracker means you’ll always know where you are in the loan process. Each stage of the loan process is clearly explained and LoanMagic’s push notifications ensure that you never miss critical dates. SEND DOCUMENTATION TO YOUR LENDER VIA THE APP No more copying, faxing or mailing files to your lender/broker. It’s so easy, and fast, to take pictures of documents or upload them to the app. Now your loan files are secure and organized in one place to share with your lender via LoanMagic’s encrypted integrations. (Share files via Dropbox, GoogleDrive, Box, and MS OneDrive). REVIEW & SIGN DOCUMENTS Complete and sign your loan documents right from the app. eSigned documents are automatically sent to your lender via LoanMagic’s secure & encrypted connection. COMMUNICATE PRIVATELY & SECURELY WITH YOUR MORTGAGE TEAM Get your questions answered immediately. LoanMagic’s secure chat feature stops the endless back-and-forth of email and voicemail. LoanMagic gives you everything you need to manage and close your home loan in one convenient place. CONNECT Support https://www.docmagic.com/support About us: www.docmagic.com If you’re a Lender or Settlement agent who wants to offer the LoanMagic app to your customers, please contact us at https://www.docmagic.com/webservices/contact/
Fairtabs
Easily split expenses with friends and roommates. Snap receipts for automatic itemization, track balances, and settle up seamlessly through your preferred payment apps. Manage recurring bills and gain insights into your spending.
- Receipt OCR for automatic data entry
- One-tap settlement via trusted payment apps
- Trip expense recaps
- Running balance per friendship
- Recurring expense management
- Spending insights by category and friend
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Split the bill. Keep the friends. Fairtabs is a modern bill-splitting app for trips, roommates, restaurants, and recurring household costs. Snap a receipt, split it cleanly, and settle in one tap with the wallet your friends already use. WHY FAIRTABS — Receipt OCR. Take a photo of any receipt, and we auto-fill the merchant, total, and (when itemised) the line items. Faded thermal paper, foreign-currency menus, hand-written tabs — we read what we can and let you tap to fix anything we missed. — Wallet handoffs that actually work. When it's time to settle up, tap once to open Venmo, PayPal, or Zelle with the exact amount and recipient pre-filled. Fairtabs never sees, holds, or moves your money — the payment happens entirely inside the wallet app you already trust. — Trip Stories. Every trip becomes a clean recap: who paid the most, who's settled, the timeline of the trip in expenses. The kind of thing you actually want to look back at. — Friend ledgers. One running balance per friendship — across direct expenses and shared groups. No more "wait, what about that thing from Paris three months ago?" — Recurring expenses. Rent, utilities, the streaming bundle. Set them once and let them auto-post each month. — Insights. See where the money goes — by category, by friend, by month. Built-in. Not a paywall. GENEROUS FREE TIER 100 expenses and 5 receipt scans every month, all split types (equal, %, shares, itemized), and one running balance with every friend. For most people, that's more than enough — we'll never paywall the basics of splitting a bill. Free includes the occasional in-app ad to keep the lights on. PLUS, AVAILABLE BY SUBSCRIPTION Fairtabs Plus is an optional auto-renewing subscription. Lifts the 100/month expense cap, unlocks unlimited receipt scans, adds expense search across all your tabs and a 6-month spending trend chart, and removes ads. $1.99/month or $17.99/year. Cancel anytime in your Apple ID settings. PRIVACY YOU CAN ACTUALLY READ We collect what we need to run the app and nothing else. No cross-app tracking. No selling data. Receipt OCR uses Anthropic's Claude API — images are sent for the single inference and not used for training. Full privacy policy: fairtabs.com/privacy. WHO IT'S FOR — Roommates splitting rent, utilities, and groceries — Friends on a trip splitting hotels, dinners, and rideshares — Couples sharing recurring household costs — Anyone who's tired of "you got me back, right?" We built Fairtabs because the existing options got worse, not better. We answer real emails at hello@fairtabs.com. Split the bill. Keep the friends. SUBSCRIPTION Fairtabs Plus — auto-renewing subscription. Available as Monthly ($1.99/month) or Yearly ($17.99/year). Payment is charged to your Apple ID at confirmation of purchase. Subscription automatically renews at the same price unless auto-renew is turned off at least 24 hours before the end of the current period. Manage or cancel anytime in iOS Settings → Subscriptions → Fairtabs Plus. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://fairtabs.com/privacy.html
Screenshots
Verdict
The clearest difference is rating: Fairtabs at 5.0 against LoanMagic's 4.0. Fairtabs also leads on update cadence (every 3 days vs monthly). LoanMagic's advantage is in-app purchases (none vs 2) and device support (3 vs 1). On price, ratings volume and ads there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Fairtabs sells 2 in-app purchases, starting at $1.99 per month. LoanMagic asks for nothing beyond the download.
Fairtabs holds the better App Store score, 5.0 against 4.0. Both are backed by a comparable volume of ratings — 4 and 2 respectively.
LoanMagic ships an update monthly, Fairtabs every 3 days. The most recent releases landed on September 21, 2026 and August 28, 2026 respectively.
| Parameter | LoanMagic | Fairtabs |
|---|---|---|
| Price | Free | Free |
| Rating | 4.0 (4 ratings) | 5.0 (2 ratings) — better |
| Positive reviews | 0.0% of reviews | — |
| Number of ratings | 4 — better | 2 |
| Update frequency | Monthly | Every 3 days — better |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | Free — better | Freemium |
| Devices | iPhone, iPad, iPod — better | iPhone |
| Requires iOS | 9.0 — better | 26.0 |
| Further details — not scored | ||
| Size | 123 MB | 9 MB |
| Age rating | 4+ | 4+ |
| Developer | DocMagic, Inc. | Fairtabs |
Customer experience
LoanMagic
Fairtabs
In-app purchases
LoanMagic
No in-app purchases
Fairtabs
- Plus (Monthly)$1.991 Month
- Plus (Yearly)$17.991 Year









