Loan Calculator + vs Loan Amortization Calculator
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- 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
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*** 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
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.
- Loan payment breakdown
- Interest and principal estimation
- Extra payment impact analysis
- Amortization schedule generation
- Shareable results
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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
Verdict
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
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.
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.
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.
| Parameter | Loan Calculator + | Loan Amortization Calculator |
|---|---|---|
| Price | $1.99 | Free — better |
| Rating | 4.7 (153 ratings) | 4.8 (701 ratings) — better |
| Positive reviews | 90.7% of reviews — better | 50.0% of reviews |
| Number of ratings | 153 | 701 — better |
| Update frequency | Every 5 weeks | Monthly — better |
| Ads | No — better | Yes |
| In-app purchases | No — better | Yes |
| Monetization | Free — better | Free with in-app purchases |
| Best chart rank | #128 — better | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 12.1 — better | 13.0 |
| Further details — not scored | ||
| Size | 32 MB | 27 MB |
| Age rating | 4+ | 4+ |
| Developer | MH Riley Ltd | RedTracker LLC |
Customer experience
Loan Calculator +
Loan Amortization Calculator
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
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- 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
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- 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
Loan Calculator +
No in-app purchases
Loan Amortization Calculator
- Remove Ads$4.99
Questions
Is Loan Calculator + free?
Is Loan Amortization Calculator free?
Which has better reviews, Loan Calculator + or Loan Amortization Calculator?
Do Loan Calculator + or Loan Amortization Calculator have ads?
Which is updated more often, Loan Calculator + or Loan Amortization Calculator?
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