LoanPrep vs LoanMate

Your personal assistant for preparing loan applications. Whether you need funds for personal needs, emergencies, or expenses, Loan Preparation Assistant helps you understand common loan application information and get organised before submitting an application. Loan Readiness Assessment Complete a 9-step self-assessment to check your preparation level: * Review your loan preparation based on common application practices * Understand factors commonly associated with loan applications * Recognise your current strengths * Find areas you can improve * Receive educational tips for better preparation Preparation Checklists Keep everything organised with ready-made checklists and tracking tools. Available Templates: * Online Loan Checklist * Bank Personal Loan Checklist * Salary Loan Checklist * Cooperative Loan Checklist Flexible Management: * Track document collection progress * Mark priority levels (High/Medium/Low) * Update status (Pending/In Progress/Completed) * Add your own custom items as needed Daily Check-in System Build consistent preparation habits: * Daily check-ins to earn points * Maintain your activity streak * Review your preparation history * Stay motivated with progress tracking Educational Assessment Report Understand loan preparation through detailed reference materials: * Information about repayment capacity * Loan amount considerations * Overview of general readiness factors * Reference by specific purpose (Medical, Education, Business, etc.) * Improvement suggestions with realistic timeframes * General information about commonly requested documents For Borrowers * Designed to help borrowers prepare before applying for a loan * Covers a wide range of common personal loan scenarios * Provides general preparation guidance for different application situations User Experience * Clean, modern iOS design * Dark mode available * Smooth animations * Haptic feedback Important Notice Loan Preparation Assistant is an independent educational tool designed to help you understand and organise loan preparation. The app does not provide loans, accept loan applications, connect users with lenders, or participate in loan approval or underwriting. It does not guarantee loan approval, provide financial advice, or determine eligibility for any specific loan. All checklists, assessments, and educational materials are general guidance only and may not reflect the requirements of any particular lender or financial institution. Requirements can vary by lender, location, loan type, and individual circumstances. Always verify specific requirements directly with the relevant lender before submitting an application.

LoanMate turns any loan or mortgage into a clear plan. Enter the price, down payment, term and rate to see your payment, total interest and full amortization schedule in seconds. PLAN ANY LOAN • Mortgages, car loans, personal loans and business loans • Declining-balance or flat-rate interest • Monthly, biweekly, weekly, quarterly or annual payments • Month-by-month amortization schedule with principal, interest and balance DECIDE WITH CONFIDENCE • Payoff planner: see the extra payment needed to be debt-free sooner and the interest you save • Affordability check: find the loan amount that fits the payment you can manage • Refinance check: compare a new rate, term and closing costs, with monthly savings and break-even • Save plans and compare loans side by side • Clear charts showing how much of your money goes to interest STAY ON TRACK • Payment reminders for each saved loan • Lock saved plans with Face ID or Touch ID • Recent scenarios so you can pick up where you left off MADE FOR YOUR SCREEN AND LANGUAGE • Works on iPhone, iPad and iPhone Duo; the layout adapts when you fold or unfold • 33 languages and 11 currencies • Calculations run on your device LOANMATE PRO (ONE-TIME PURCHASE) • Scan a loan contract or quote to fill in the calculator automatically • Export reports as PDF, CSV or image • Remove all ads On the free version, you can also watch a short ad to scan or export once. LoanMate provides estimates for planning only. Your lender's offer and terms are final.