Loan Calculator‰ vs Mortgage Calculator +
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Loan Calculator‰
Easily calculate loan or mortgage payments. Simply input the loan amount, repayment term, and interest rate to get your estimated monthly payment.
- Loan calculation
- Mortgage calculation
- Amount input
- Term input
- Rate input
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This app is perfect to calculate a loan or mortgage. It is very simple just enter your amount, term, and rate.
Mortgage Calculator +
Calculate mortgage payments with flexible frequencies and include additional costs like taxes and insurance. Explore interest savings, view amortization schedules, and compare multiple loan scenarios. Save, sync, and export your calculations for easy sharing.
- Flexible payment frequencies (weekly, bi-weekly, monthly)
- Include taxes, insurance, and utilities
- Calculate interest savings with increased payments
- Detailed amortization schedule
- Save and compare multiple mortgage calculations
- iCloud sync and PDF export
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Mortgage Calculator + is for everyone; from the first-time home buyer to the experienced realtor. Features: - Weekly, bi-weekly, and monthly mortgage payment frequency options - Input fields for taxes, insurance, and monthly utilities - Calculates potential interest savings if payment is increased - Amortization schedule - Export to PDF or email - Light/Dark modes Add-ons: Save Mortgages: Save multiple calculations and compare calculations among all saved mortgages. Sync calculations to iCloud. Pro Export: Customize and personalize the PDF report to match your company's branding
Screenshots
Verdict
The clearest difference is in-app purchases: Loan Calculator‰ at none against Mortgage Calculator +'s 1. Loan Calculator‰ also leads on ratings volume (106K vs 233) and rating (4.9 vs 4.6). Mortgage Calculator +'s advantage is ads (none vs shown) and update cadence (every 3 weeks vs every 16 months). On price, 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
Both are free to download. Mortgage Calculator + sells 1 one-off in-app purchase. Loan Calculator‰ asks for nothing beyond the download.
Loan Calculator‰ holds the better App Store score, 4.9 against 4.6. That said, the two scores are not equally well evidenced: Loan Calculator‰ has 106K ratings behind it against 233, so its average is the more settled of the two. Written reviews point the same way: 77% of Loan Calculator‰'s written reviews are positive against 68% of Mortgage Calculator +'s.
Loan Calculator‰ ships an update every 16 months, Mortgage Calculator + every 3 weeks. The most recent releases landed on October 31, 2026 and October 24, 2026 respectively.
| Parameter | Loan Calculator‰ | Mortgage Calculator + |
|---|---|---|
| Price | Free | Free |
| Rating | 4.9 (106K ratings) — better | 4.6 (233 ratings) |
| Positive reviews | 76.6% of reviews — better | 67.9% of reviews |
| Number of ratings | 106K — better | 233 |
| Update frequency | Every 16 months | Every 3 weeks — better |
| Ads | Yes | No — better |
| In-app purchases | No — better | Yes |
| Monetization | Ad-supported — better | Free with in-app purchases |
| Devices | iPhone, iPad, iPod — better | iPhone, iPad |
| Requires iOS | 15.0 — better | 16.0 |
| Further details — not scored | ||
| Size | 43 MB | 2 MB |
| Age rating | 4+ | 4+ |
| Developer | Tim O's Studios, LLC | Adam Fahlman |
Customer experience
Loan Calculator‰
Mortgage Calculator +
User reviews
Loan Calculator‰
From 106K App Store ratingsWhat we love
- 👍 Simple and easy to use
- 🚀 Straightforward and intuitive
- 💡 Accurate loan repayment calculations
- 🚀 Instant results
- 👍 Helpful for financial decisions
Room to improve
- 🐛 Incorrect interest calculations
- 🔍 Limited functionality
- 💸 Excessive advertisements
- 🔍 Cannot switch to landscape mode
- 🔒 Privacy concerns with data collection
Mortgage Calculator +
From 233 App Store ratingsWhat we love
- 👍 Simple and easy to use
- ✨ Clean and uncluttered design
- 🚀 Quick calculations
- 💡 Ability to save scenarios
- 🚫 No intrusive ads
Room to improve
- 📉 Missing key mortgage components (taxes, insurance, PMI, escrow)
- ❌ Bi-weekly calculation incorrect
- 🤔 Yearly amortization not useful for comparison
- 💸 Basic calculations can be done elsewhere (Excel)
Bugs and requests
Loan Calculator‰
Reported bugs
3 issues- Ad banner covers input fields, making the app unusable
- Monthly interest figure shown is incorrect
- App crashes or freezes on certain devices
Requested features
4 requests- 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
Mortgage Calculator +
Reported bugs
1 issue- Bi-weekly calculation is incorrect
Requested features
11 requests- Interest only calculation
- Monthly amortization breakout (principal, interest, balance)
- Add yearly totals for taxes and insurance
- Property tax field
- Escrow option
Show 6 moreShow fewer
- Option to pay extra towards principal and see savings
- Include taxes, PMI, etc. for true payment calculation
- Add purchase price and down payment % input
- Monthly amortization schedule view (instead of annual)
- Amortization schedule with and without extra payments
- Ability to add PMI/property tax/homeowner insurance to payment
In-app purchases
Loan Calculator‰
No in-app purchases
Mortgage Calculator +
- Pro Export$1.99
Questions
Is Loan Calculator‰ free?
Is Mortgage Calculator + free?
Which has better reviews, Loan Calculator‰ or Mortgage Calculator +?
Do Loan Calculator‰ or Mortgage Calculator + have ads?
Which is updated more often, Loan Calculator‰ or Mortgage Calculator +?
Other comparisons
