Comparison

Monthly Payments vs LoanAdmin

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Monthly Payments

Calculate monthly loan payments and interest accurately. This tool uses the standard amortization formula to provide precise financial insights for your loans.

Highlights
  • Loan payment calculation
  • Interest computation
  • Amortization formula
  • Loan amount input
  • Duration input
  • Interest rate input
Features
Read full description

Monthly Payments is a simple loan calculator to compute monthly payments and interest on a given loan amount for a given duration (# of months) and % interest rate. Monthly Payments uses the Amortization formula found on: http://en.wikipedia.org/wiki/Amortization_(business)

About

LoanAdmin

Manage loans, track payments, and organize customer information efficiently. This app helps lenders of all sizes maintain control over their business operations with smart reminders and professional reporting tools.

Highlights
  • Smart payment reminders
  • Overdue payment alerts
  • One-tap payment recording
  • Instant printable receipts
  • Detailed customer profiles
  • Business performance reports
  • Secure cloud backup
Features
Read full description

LoanAdmin is the loan management app for lenders who want their loans, collections and profit in order. Know who pays you today, record the payment in seconds and send a WhatsApp receipt with your logo. Try it free for 60 days with everything included. No card needed. WHAT YOU CAN DO WITH LOANADMIN • Your whole lending business on your phone: active portfolio, today's collections and overdue loans on your home screen. • Today's collections in one tap: see who is due, who is late, and record full or partial payments. • Instant receipts: share PDF receipts on WhatsApp with your logo and name, or print them on a Bluetooth thermal printer. • Late fees calculate themselves: automatic penalties and grace days based on your rules. • Loans your way: daily, weekly, biweekly, monthly or custom schedules, with installments and interest calculated for you. • Your capital and real profit: log money in and expenses by category and see what you actually earned this month. • Your collection team: invite collectors, assign roles, clients and budgets, and see where each payment was recorded with collector GPS. • Reports that show your progress: portfolio, collections and arrears at a glance, ready to export and share. • Organized clients: every client's loan and payment history in one place, no notebooks or spreadsheets. A PLAN FOR EVERY STAGE OF YOUR BUSINESS • Essential: everything you need to lend and collect in order: loans, collections, automatic late fees, receipts and cloud backup. • Professional: grow with clear numbers: Capital with your real profit and advanced reports. • Business: for businesses with a team: collectors, roles, budgets, collector GPS and routes. During the 60-day trial you get every feature. When it ends, pick the plan that fits your business. YOUR DATA, SAFE AND WITH YOU • Cloud backup: switch phones without losing your records. • Sign in with fingerprint or face recognition. • Use the same account on mobile and on the web. • Keep working without signal; everything syncs when you reconnect. • Available in English, Spanish, Portuguese, French and Hindi, in your local currency. Important: LoanAdmin is a tool to manage the loans you give. We do not lend money or offer credit. Download LoanAdmin, create your first loan in minutes and get your lending business in order today. Subscriptions renew automatically unless cancelled at least 24 hours before the end of the current period. Manage them in your Apple account settings. Terms: https://loanadmin.app/terms Privacy: https://loanadmin.app/privacy

Screenshots

Monthly Payments2 screens
LoanAdmin4 screens

Verdict

The call

The clearest difference is in-app purchases: Monthly Payments at none against LoanAdmin's 12. Monthly Payments also leads on review sentiment (75% vs 58%) and device support (3 vs 1). LoanAdmin's advantage is update cadence (every 10 days vs every 27 months). On price, rating, 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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. LoanAdmin sells 12 in-app purchases, starting at $1.99 per month. Monthly Payments asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

On the App Store both sit at effectively the same score — 5.0 for Monthly Payments against 5.0 for LoanAdmin. Both are backed by a comparable volume of ratings — 2 and 4 respectively. Written reviews are what separate them: 75% of Monthly Payments's written reviews are positive against 58% of LoanAdmin's.

UpkeepUpdate frequency

Monthly Payments ships an update every 27 months, LoanAdmin every 10 days. The most recent releases landed on October 14, 2026 and October 24, 2026 respectively.

Scorecard6 real differences · 4 level
Monthly Payments versus LoanAdmin: the parameters behind the verdict, then further details
ParameterMonthly PaymentsLoanAdmin
PriceFreeFree
Rating5.0 (2 ratings)5.0 (4 ratings)
Positive reviews75.0% of reviews — better57.9% of reviews
Number of ratings24 — better
Update frequencyEvery 27 monthsEvery 10 days — better
AdsNoNo
In-app purchasesNo — betterYes
MonetizationFree — betterFreemium
DevicesiPhone, iPad, iPod — betteriPhone
Requires iOS6.0 — better16.0
Further details — not scored
Size4 MB125 MB
Age rating4+17+
DeveloperZion Software, LLCHecmapp, LLC

Customer experience

Monthly Payments

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews4 reviews
Positive75.0%
Neutral25.0%
Negative0.0%

LoanAdmin

All ratings4 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews19 reviews
Positive57.9%
Neutral15.8%
Negative26.3%

In-app purchases

None

Monthly Payments

No in-app purchases

12 purchases

LoanAdmin

Subscriptions12
  • Essential Monthly$1.991 Month
  • Essential Monthly Plan$6.991 Month
  • Professional (Loyalty)$10.991 Month
Show 9 more
  • Professional Monthly Plan$14.991 Month
  • Essential Yearly$19.991 Year
  • Business (Loyalty)$25.991 Month
  • Business Monthly$34.991 Month
  • Essential Yearly Plan$74.991 Year
  • Professional (Loyalty)$119.991 Year
  • Professional Yearly Plan$160.991 Year
  • Business (Loyalty)$249.991 Year
  • Business Yearly$334.991 Year

Questions

Is Monthly Payments free?
Monthly Payments is free to download, with no in-app purchases.
Is LoanAdmin free?
LoanAdmin is free to download, with in-app purchases available.
Which has better reviews, Monthly Payments or LoanAdmin?
Monthly Payments and LoanAdmin are both rated 5.0 out of 5 on the App Store, from 2 and 4 ratings respectively.
Do Monthly Payments or LoanAdmin have ads?
Neither Monthly Payments nor LoanAdmin shows ads.
Which is updated more often, Monthly Payments or LoanAdmin?
Monthly Payments ships an update every 27 months, and LoanAdmin every 10 days. Most recently, Monthly Payments was updated on October 14, 2026 and LoanAdmin on October 24, 2026.

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