# Loan Calculator‰ vs Mortgage Calculator +

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.

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.

## The numbers

| Metric | Loan Calculator‰ | Mortgage Calculator + |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.9 (106K ratings)](https://appshunter.io/ios/app/loan-calculator/id558688927/reviews)** | [4.6 (233 ratings)](https://appshunter.io/ios/app/mortgage-calculator-plus/id974051921/reviews) |
| Number of ratings | **106K** | 233 |
| Positive reviews | **76.6% of reviews** | 67.9% of reviews |
| In-app purchases | **No** | Yes |
| Ads | Yes | **No** |
| Update frequency | Every 16 months | **Every 3 weeks** |
| Monetization | **Ad-supported** | Free with in-app purchases |
| Size | 43 MB | 2 MB |
| Requires iOS | **15.0** | 16.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Tim O's Studios, LLC](https://appshunter.io/developer/412839685) | [Adam Fahlman](https://appshunter.io/developer/974051920) |

## What reviewers say

### Loan Calculator‰

[App page](https://appshunter.io/ios/app/loan-calculator/id558688927)

Easily calculate loan or mortgage payments. Simply input the loan amount, repayment term, and interest rate to get your estimated monthly payment.

**Highlights:** Loan calculation, Mortgage calculation, Amount input, Term input, Rate input

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

**In-app purchases:** none

**What reviewers like**

- 👍 Simple and easy to use
- 🚀 Straightforward and intuitive
- 💡 Accurate loan repayment calculations
- 🚀 Instant results
- 👍 Helpful for financial decisions

**What reviewers complain about**

- 🐛 Incorrect interest calculations
- 🔍 Limited functionality
- 💸 Excessive advertisements
- 🔍 Cannot switch to landscape mode
- 🔒 Privacy concerns with data collection

**Reported bugs**

- Ad banner covers input fields, making the app unusable
- Monthly interest figure shown is incorrect
- App crashes or freezes on certain devices

**Requested features**

- 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 +

[App page](https://appshunter.io/ios/app/mortgage-calculator-plus/id974051921)

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.

**Highlights:** 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

**Features:** macOS Compatibility, Family Sharing

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Pro Export | $1.99 | one-time |

**What reviewers like**

- 👍 Simple and easy to use
- ✨ Clean and uncluttered design
- 🚀 Quick calculations
- 💡 Ability to save scenarios
- 🚫 No intrusive ads

**What reviewers complain about**

- 📉 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)

**Reported bugs**

- Bi-weekly calculation is incorrect

**Requested features**

- Interest only calculation
- Monthly amortization breakout (principal, interest, balance)
- Add yearly totals for taxes and insurance
- Property tax field
- Escrow option


## Frequently asked questions

### Is Loan Calculator‰ free?

Loan Calculator‰ is free to download, with no in-app purchases.

### Is Mortgage Calculator + free?

Mortgage Calculator + is free to download, with in-app purchases available.

### Which has better reviews, Loan Calculator‰ or Mortgage Calculator +?

Loan Calculator‰ is rated higher. Loan Calculator‰ averages 4.9 out of 5 from 106K ratings, while Mortgage Calculator + averages 4.6 from 233 ratings.

### Do Loan Calculator‰ or Mortgage Calculator + have ads?

Loan Calculator‰ shows ads; Mortgage Calculator + does not.

### Which is updated more often, Loan Calculator‰ or Mortgage Calculator +?

Loan Calculator‰ ships an update every 16 months, and Mortgage Calculator + every 3 weeks. Most recently, Loan Calculator‰ was updated on October 31, 2026 and Mortgage Calculator + on October 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.*