Comparison

Loan Calculator + vs Loan Amortization Calculator

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

Head to head
About

Loan Calculator +

This app helps you save money on loans by visualizing costs and simulating 'what-if' scenarios. Easily compare loan deals, track extra payments, and understand the true cost of borrowing.

Highlights
  • Visualize loan costs with interactive charts
  • Organize multiple loans
  • Simulate extra payment scenarios
  • Calculate true loan cost with taxes and insurance
  • Compare different loan deals
  • Email loan details as PDF or HTML
Currently charting
Read full description

*** Featured by Apple as 'What's Hot' *** Loan Calculator has one aim - To SAVE YOU MONEY on your loan! If you're taking out a loan, looking to organise your loans, or want to pay off your loan early, then this is the perfect app for you. Try out various 'What-If' scenarios and quickly see how extra payments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off extra payments, at any period during the loan. Then watch the total length and cost go down. You may be surprised by just how much! Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year. 5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier." 5-Stars - "...really helped me to compare the different loan deals" *** Features *** -------------------- Visualise loan costs in simple, interactive charts: √ Organise any number of loans √ Support for mortgages, car loans, credit cards and many more √ See money saving effect of regular or one off Extra Payments √ Variable Rates support √ Calculate the 'True Cost', by including Tax, Insurance etc √ Email a PDF or HTML of the loan details √ Takes into account PMI for mortgages √ Monthly breakdown of costs (Amortization) √ Full support for fixed 'Initial Rates' e.g. interest free for 6 months √ Try out various 'What-If' scenarios √ Charts allow easy visualisation of the costs √ Make an informed choice by comparing loans √ Extra payments can 'Reduce Term' or 'Reduce Payments' √ Support for 'Repayment' or 'Interest Only' √ Set of quick calculators for instant answers √ Backup & Restore via Dropbox √ Passcode protection √ Elegant, simple and powerful user interface

About

Loan Amortization Calculator

Calculate loan payments, interest, and principal breakdown over time. Explore the impact of extra payments on your total loan cost. Ideal for mortgages, auto loans, and personal credit.

Highlights
  • Loan payment breakdown
  • Interest and principal estimation
  • Extra payment impact analysis
  • Amortization schedule generation
  • Shareable results
Features
Read full description

Simplify your financial decisions with Loan Amortization Calculator. This powerful app helps you break down loan payments, estimate interest and principal over time, and explore how extra payments can reduce the total amount you pay. Whether it's a mortgage, auto loan, or personal credit, this app gives you a clear view of your financial obligations. How it works: - Easy Input: Enter your loan amount, interest rate, term, extra payments (optional), and payment frequency. - Detailed Results: Instantly view your monthly payment, total interest, total repayment amount, and a full amortization schedule. - Share & Save: Export your results or share your schedule with others. Take control of your payments, understand your loan structure, and save money with smart planning.

Screenshots

Loan Calculator +4 screens
Loan Amortization Calculator4 screens

Verdict

The call

The clearest difference is price: Loan Amortization Calculator at Free against Loan Calculator +'s $1.99. Loan Amortization Calculator also leads on ratings volume (701 vs 153). Loan Calculator +'s advantage is review sentiment (91% vs 50%) and in-app purchases (none vs 1). On rating, update cadence, device support and iOS requirement 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

Loan Amortization Calculator is free to download; Loan Calculator + costs $1.99 up front. Loan Amortization Calculator sells 1 one-off in-app purchase. Loan Calculator + asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

On the App Store both sit at effectively the same score — 4.7 for Loan Calculator + against 4.8 for Loan Amortization Calculator. Both are backed by a comparable volume of ratings — 153 and 701 respectively. Written reviews are what separate them: 91% of Loan Calculator +'s written reviews are positive against 50% of Loan Amortization Calculator's.

UpkeepUpdate frequency

Loan Calculator + ships an update every 5 weeks, Loan Amortization Calculator monthly. The most recent releases landed on October 30, 2026 and October 29, 2026 respectively.

Scorecard7 real differences · 4 level
Loan Calculator + versus Loan Amortization Calculator: the parameters behind the verdict, then further details
ParameterLoan Calculator +Loan Amortization Calculator
Price$1.99Free — better
Rating4.7 (153 ratings)4.8 (701 ratings) — better
Positive reviews90.7% of reviews — better50.0% of reviews
Number of ratings153701 — better
Update frequencyEvery 5 weeksMonthly — better
AdsNo — betterYes
In-app purchasesNo — betterYes
MonetizationFree — betterFree with in-app purchases
Best chart rank#128 — better—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS12.1 — better13.0
Further details — not scored
Size32 MB27 MB
Age rating4+4+
DeveloperMH Riley LtdRedTracker LLC

Customer experience

Loan Calculator +

All ratings152 ratings
Positive96.1%
Neutral1.3%
Negative2.6%
Written reviews118 reviews
Positive90.7%
Neutral3.4%
Negative5.9%

Loan Amortization Calculator

All ratings674 ratings
Positive95.0%
Neutral1.5%
Negative3.6%
Written reviews14 reviews
Positive50.0%
Neutral7.1%
Negative42.9%

Bugs and requests

Loan Calculator +

Reported bugs

6 issues
  • Biweekly payment calendar generates incorrect payment dates
  • Extra cost additions incorrectly applied to first payment
  • Pie chart percentages calculated incorrectly
  • Interest saved value incorrect when extra payments applied
  • Confusing 'rate' field terminology separate from interest rate
Show 1 more
  • Monthly payment not easily accessible from input screen

Requested features

10 requests
  • Display calculated payment on input screen without screen rotation
  • Ability to copy/duplicate loans instead of creating from scratch
  • Print functionality directly from app
  • Amortization schedule comparison feature for multiple loans
  • Ability to add extra payments using dates instead of year/week format
Show 5 more
  • Manual loan repayment entry option
  • Show remaining balance on main report (not just original amount)
  • Reverse calculation (determine interest rate from payment amount)
  • Savings calculator with multiple extra payments
  • Delimited text or XML export options

Loan Amortization Calculator

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Loan Calculator +

No in-app purchases

1 purchases

Loan Amortization Calculator

One-time1
  • Remove Ads$4.99

Questions

Is Loan Calculator + free?
Loan Calculator + costs $1.99, with no in-app purchases.
Is Loan Amortization Calculator free?
Loan Amortization Calculator is free to download, with in-app purchases available.
Which has better reviews, Loan Calculator + or Loan Amortization Calculator?
Loan Amortization Calculator is rated higher. Loan Calculator + averages 4.7 out of 5 from 153 ratings, while Loan Amortization Calculator averages 4.8 from 701 ratings.
Do Loan Calculator + or Loan Amortization Calculator have ads?
Loan Amortization Calculator shows ads; Loan Calculator + does not.
Which is updated more often, Loan Calculator + or Loan Amortization Calculator?
Loan Calculator + ships an update every 5 weeks, and Loan Amortization Calculator monthly. Most recently, Loan Calculator + was updated on October 30, 2026 and Loan Amortization Calculator on October 29, 2026.

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