# CashWise vs MyLoan

The clearest difference is in-app purchases: MyLoan at none against CashWise's 1. MyLoan also leads on ads (none vs shown) and update cadence (every 3 weeks vs every 5 months). CashWise's advantage is ratings volume (9 vs 1) and device support (3 vs 1). On price and rating there is nothing between them.

Both are free to download. CashWise sells 1 one-off in-app purchase. MyLoan asks for nothing beyond the download.

On the App Store both sit at effectively the same score — 4.9 for CashWise against 5.0 for MyLoan. That said, the two scores are not equally well evidenced: CashWise has 9 ratings behind it against 1, so its average is the more settled of the two.

CashWise ships an update every 5 months, MyLoan every 3 weeks. The most recent releases landed on October 4, 2026 and September 24, 2026 respectively.

## The numbers

| Metric | CashWise | MyLoan |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.9 (9 ratings)](https://appshunter.io/ios/app/cashwise/id433491070/reviews) | **[5.0 (1 ratings)](https://appshunter.io/ios/app/myloan/id6444729332/reviews)** |
| Number of ratings | **9** | 1 |
| Positive reviews | 76.9% of reviews | — |
| In-app purchases | Yes | **No** |
| Ads | Yes | **No** |
| Update frequency | Every 5 months | **Every 3 weeks** |
| Monetization | Free with in-app purchases | **Free** |
| Size | 8 MB | 3 MB |
| Requires iOS | **13.0** | 16.0 |
| Devices | **iPhone, iPad, iPod** | iPhone |
| Age rating | 4+ | 4+ |
| Developer | [Adam Wasiak](https://appshunter.io/developer/433491073) | [Reiley Meeks](https://appshunter.io/developer/1466822605) |

## What reviewers say

### CashWise

[App page](https://appshunter.io/ios/app/cashwise/id433491070)

Easily track your spending and income with this cash-book style finance app. Organize your finances into categories, view detailed breakdowns, and generate monthly statements. Upgrade for advanced features like annual statements and CSV imports.

**Highlights:** Cash-book style expense tracking, Categorize and break down spending, Generate monthly PDF statements, Secure encrypted vault, Export and import financial data, Demonstration mode for trying Pro features

**Features:** Family Sharing

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| CashWise Pro | $9.99 | one-time |


### MyLoan

[App page](https://appshunter.io/ios/app/myloan/id6444729332)

Easily calculate potential auto or home loan payments. This app offers a clear, visual way to explore loan scenarios, allowing you to adjust terms and interest rates to find the most favorable options and minimize overall interest paid.

**Highlights:** Loan calculation, Adjustable term lengths, Adjustable interest rates, Visual loan scenarios, Interest payment minimization

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

**In-app purchases:** none


## Frequently asked questions

### Is CashWise free?

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

### Is MyLoan free?

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

### Which has better reviews, CashWise or MyLoan?

MyLoan is rated higher. CashWise averages 4.9 out of 5 from 9 ratings, while MyLoan averages 5.0 from 1 ratings.

### Do CashWise or MyLoan have ads?

CashWise shows ads; MyLoan does not.

### Which is updated more often, CashWise or MyLoan?

CashWise ships an update every 5 months, and MyLoan every 3 weeks. Most recently, CashWise was updated on October 4, 2026 and MyLoan on September 24, 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.*