Simple Loan vs LoanQuantum
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Simple Loan
Easily calculate monthly loan payments by inputting loan amount, term, and interest rate. This tool helps determine costs for various loan types like car loans or mortgages.
- Loan payment calculation
- Input loan amount
- Input loan term
- Input interest rate
- Supports car loans
- Supports mortgages
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A simple calculator to determine the monthly payment for a loan. Just enter the loan amount, the term, and the interest rate and calculate a car loan, mortgage, or any other loan. Optimized for the iPhone 5, 5s, & 6.
LoanQuantum
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LoanQuantum is the ultimate app for all your loan management needs! Whether you’re looking for a Car Loan, Personal Loan, Home Loan, Education Loan, Gold Loan, or Payday Loan, LoanQuantum provides a seamless experience to help you calculate loan payment schedules with its powerful loan calculator, manage your loans, and make informed financial decisions. The loan calculator is designed to offer accurate insights into payment plans, making it easy to track and optimize your loan strategy. Key Features: ~ Loan Calculators: Loan Quantum has various Loan Calculators such as Home Loan Calculator, Car Loan Calculator, Auto Loan Calculator, Education Loan Calculator, Study Loan Calculator, and Gold Loan Calculator. ~ Loan Comparison: Easily compare various loan options to find the best deal. ~ Interest Rate Analysis: Understand and compare interest rates across different loans. ~ EMI Calculation: Calculate your Equated Monthly Installment (EMI) and see a detailed breakdown. ~ Payment Schedule: View and manage your loan repayment schedule. ~ Download: Download Payment Schedule PDF for printing and sharing with family members ~ Business Loan Calculator: The Business Loan Calculator provides options to Daily Loans, Weekly Loans, Bi-Weekly Loans, Payday Loan ~ Save Loan Calculations: You can Save all your Loan Calculations for reviewing in future to see how interest rate or Fed rate changes. ~ Prepayment Insights: Learn how making prepayments can help reduce your overall loan liability. Why Choose LoanQuantum? LoanQuantum offers a user-friendly solution for all your loan management needs. With accurate calculations, loan comparisons, and management features, it's your go-to app for making smart financial decisions. Whether you're planning to buy a new car, invest in a home, or manage education expenses, LoanQuantum simplifies the process, saving you time and effort. Download LoanQuantum today and take control of your loans!
Screenshots
Verdict
The clearest difference is ads: Simple Loan at none against LoanQuantum's shown. Simple Loan also leads on iOS requirement (8.2 vs 15.0). On price, update cadence, in-app purchases and device support 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. Neither carries in-app purchases, so what you see is what you pay.
Simple Loan ships an update fortnightly, LoanQuantum every 2 weeks. The most recent releases landed on September 29, 2026 and October 7, 2026 respectively.
| Parameter | Simple Loan | LoanQuantum |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (1 ratings) — better | — |
| Positive reviews | 100.0% of reviews | — |
| Number of ratings | 1 — better | — |
| Update frequency | Fortnightly | Every 2 weeks — better |
| Ads | No — better | Yes |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 8.2 — better | 15.0 |
| Further details — not scored | ||
| Size | 9 MB | 58 MB |
| Age rating | 4+ | 4+ |
| Developer | Jim Corbo | Masterly Solutions Private Limited |
In-app purchases
Simple Loan
No in-app purchases
LoanQuantum
No in-app purchases
Questions
Is Simple Loan free?
Is LoanQuantum free?
Do Simple Loan or LoanQuantum have ads?
Which is updated more often, Simple Loan or LoanQuantum?
Other comparisons
