# iLoan vs Loan Calculator‰

The clearest difference is price: Loan Calculator‰ at Free against iLoan's $0.99. Loan Calculator‰ also leads on rating (4.9 vs 4.3) and review sentiment (76% vs 34%). iLoan's advantage is ads (none vs shown) and update cadence (every 3 months vs every 16 months). On in-app purchases, device support and iOS requirement there is nothing between them.

Loan Calculator‰ is free to download; iLoan costs $0.99 up front. Neither carries in-app purchases, so what you see is what you pay.

Loan Calculator‰ holds the better App Store score, 4.9 against 4.3. That said, the two scores are not equally well evidenced: Loan Calculator‰ has 106K ratings behind it against 7, so its average is the more settled of the two. Written reviews point the same way: 34% of iLoan's written reviews are positive against 76% of Loan Calculator‰'s.

iLoan ships an update every 3 months, Loan Calculator‰ every 16 months. The most recent releases landed on November 6, 2026 and November 7, 2026 respectively.

## The numbers

| Metric | iLoan | Loan Calculator‰ |
| --- | --- | --- |
| Price | $0.99 | **Free** |
| Rating | [4.3 (7 ratings)](https://appshunter.io/ios/app/iloan-personal-loans/id367654505/reviews) | **[4.9 (106K ratings)](https://appshunter.io/ios/app/loan-calculator/id558688927/reviews)** |
| Number of ratings | 7 | **106K** |
| Positive reviews | 34.3% of reviews | **75.7% of reviews** |
| In-app purchases | No | No |
| Ads | **No** | Yes |
| Update frequency | **Every 3 months** | Every 16 months |
| Monetization | Paid | **Ad-supported** |
| Best chart rank | **#184** | — |
| Size | 2 MB | 43 MB |
| Requires iOS | 15.6 | **15.0** |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Varietas Software, LLC](https://appshunter.io/developer/312844469) | [Tim O's Studios, LLC](https://appshunter.io/developer/412839685) |

## What reviewers say

### iLoan

[App page](https://appshunter.io/ios/app/iloan-personal-loans/id367654505)

**Currently charting:** #184 Top Paid · Finance (US App Store)

This app helps you meticulously track personal loans, whether you're lending money to others or managing your own debts. It records loan details, payments, and balances, and includes an amortization calculator for financial planning. You can also send statements and receipts to borrowers.

**Highlights:** Track loans made to others or personal loans, Record loan details, interest rates, and dates, Log and edit payments, View loan status and payment history, Generate amortization schedules, Send loan statements and payment receipts, "What If" calculator for principal payments

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

**In-app purchases:** none


### Loan Calculator‰

[App page](https://appshunter.io/ios/app/loan-calculator/id558688927)

Easily calculate loan or mortgage payments. Simply input the loan amount, repayment term, and interest rate to get your estimated monthly payment.

**Highlights:** Loan calculation, Mortgage calculation, Amount input, Term input, Rate input

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

**In-app purchases:** none

**What reviewers like**

- 👍 Simple and easy to use
- 🚀 Straightforward and intuitive
- 💡 Accurate loan repayment calculations
- 🚀 Instant results
- 👍 Helpful for financial decisions

**What reviewers complain about**

- 🐛 Incorrect interest calculations
- 🔍 Limited functionality
- 💸 Excessive advertisements
- 🔍 Cannot switch to landscape mode
- 🔒 Privacy concerns with data collection

**Reported bugs**

- Ad banner covers input fields, making the app unusable
- Monthly interest figure shown is incorrect
- App crashes or freezes on certain devices

**Requested features**

- Add option to calculate weekly or bi-weekly payments
- Implement amortization schedule feature
- Allow entering monthly payment to calculate loan amount or interest rate
- Provide option to remove ads through in-app purchase


## Frequently asked questions

### Is iLoan free?

iLoan costs $0.99, with no in-app purchases.

### Is Loan Calculator‰ free?

Loan Calculator‰ is free to download, with no in-app purchases.

### Which has better reviews, iLoan or Loan Calculator‰?

Loan Calculator‰ is rated higher. iLoan averages 4.3 out of 5 from 7 ratings, while Loan Calculator‰ averages 4.9 from 106K ratings.

### Do iLoan or Loan Calculator‰ have ads?

Loan Calculator‰ shows ads; iLoan does not.

### Which is updated more often, iLoan or Loan Calculator‰?

iLoan ships an update every 3 months, and Loan Calculator‰ every 16 months. Most recently, iLoan was updated on November 6, 2026 and Loan Calculator‰ on November 7, 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.*