# Finance Formulator vs Loan Payment & Amortization

The clearest difference is rating: Loan Payment & Amortization at 4.1 against Finance Formulator's 3.0. Loan Payment & Amortization also leads on ratings volume (34 vs 2). Finance Formulator's advantage is ads (none vs shown) and monetization model (free vs free with in-app purchases). On price, update cadence, in-app purchases and device support there is nothing between them.

Both are free to download. Finance Formulator sells 1 one-off in-app purchase and Loan Payment & Amortization sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.

Loan Payment & Amortization holds the better App Store score, 4.1 against 3.0. That said, the two scores are not equally well evidenced: Loan Payment & Amortization has 34 ratings behind it against 2, so its average is the more settled of the two.

Finance Formulator ships an update every 3 months, Loan Payment & Amortization every 5 months. The most recent releases landed on October 27, 2026 and October 22, 2026 respectively.

## The numbers

| Metric | Finance Formulator | Loan Payment & Amortization |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [3.0 (2 ratings)](https://appshunter.io/ios/app/finance-formulator/id294194640/reviews) | **[4.1 (34 ratings)](https://appshunter.io/ios/app/loan-payment-and-amortization/id6475633167/reviews)** |
| Number of ratings | 2 | **34** |
| Positive reviews | 75.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | **No** | Yes |
| Update frequency | **Every 3 months** | Every 5 months |
| Monetization | **Free** | Free with in-app purchases |
| Size | 18 MB | 26 MB |
| Requires iOS | 18.6 | **18.0** |
| Devices | iPhone, iPad | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Historycentral.com](https://appshunter.io/developer/1744330560) | [Do Tri](https://appshunter.io/developer/846531282) |

## What reviewers say

### Finance Formulator

[App page](https://appshunter.io/ios/app/finance-formulator/id294194640)

Access over 100 financial formulas with live market data. Calculate mortgages, loans, stock performance, and business metrics. Compare scenarios and track portfolios with real-time currency conversion.

**Highlights:** 100+ financial formulas, Live stock quotes, Real-time currency conversion, Portfolio tracking, Scenario comparison, Interactive charts, Save and share calculations

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

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Finance Formulator Pro | $2.99 | one-time |


### Loan Payment & Amortization

[App page](https://appshunter.io/ios/app/loan-payment-and-amortization/id6475633167)

Calculate loan payments, visualize amortization schedules, and estimate loan amounts. Explore the impact of extra payments to save on interest and pay off loans faster. Understand the true cost of borrowing for mortgages, car loans, and more.

**Highlights:** Quick loan payment calculation, Loan amount estimator, Extra payment calculator, Amortization schedule, Principal vs. interest visualization, Export and share results, Offline functionality

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

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Remove Ads | $7.99 | one-time |


## Frequently asked questions

### Is Finance Formulator free?

Finance Formulator is free to download, with in-app purchases available.

### Is Loan Payment & Amortization free?

Loan Payment & Amortization is free to download, with in-app purchases available.

### Which has better reviews, Finance Formulator or Loan Payment & Amortization?

Loan Payment & Amortization is rated higher. Finance Formulator averages 3.0 out of 5 from 2 ratings, while Loan Payment & Amortization averages 4.1 from 34 ratings.

### Do Finance Formulator or Loan Payment & Amortization have ads?

Loan Payment & Amortization shows ads; Finance Formulator does not.

### Which is updated more often, Finance Formulator or Loan Payment & Amortization?

Finance Formulator ships an update every 3 months, and Loan Payment & Amortization every 5 months. Most recently, Finance Formulator was updated on October 27, 2026 and Loan Payment & Amortization on October 22, 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.*