# Simple Loan vs LoanQuantum

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.

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 October 15, 2026 and October 7, 2026 respectively.

## The numbers

| Metric | Simple Loan | LoanQuantum |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (1 ratings)](https://appshunter.io/ios/app/simple-loan/id987299504/reviews)** | — |
| Number of ratings | **1** | — |
| Positive reviews | 100.0% of reviews | — |
| In-app purchases | No | No |
| Ads | **No** | Yes |
| Update frequency | Fortnightly | **Every 2 weeks** |
| Monetization | Free | — |
| Size | 9 MB | 58 MB |
| Requires iOS | **8.2** | 15.0 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Jim Corbo](https://appshunter.io/developer/987299503) | [Masterly Solutions Private Limited](https://appshunter.io/developer/1557476495) |

## What reviewers say

### Simple Loan

[App page](https://appshunter.io/ios/app/simple-loan/id987299504)

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.

**Highlights:** Loan payment calculation, Input loan amount, Input loan term, Input interest rate, Supports car loans, Supports mortgages

**Features:** macOS Compatibility

**In-app purchases:** none


### LoanQuantum

[App page](https://appshunter.io/ios/app/loanquantum/id6618150402)

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

**In-app purchases:** none


## Frequently asked questions

### Is Simple Loan free?

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

### Is LoanQuantum free?

LoanQuantum is free to download, with no in-app purchases.

### Do Simple Loan or LoanQuantum have ads?

LoanQuantum shows ads; Simple Loan does not.

### Which is updated more often, Simple Loan or LoanQuantum?

Simple Loan ships an update fortnightly, and LoanQuantum every 2 weeks. Most recently, Simple Loan was updated on October 15, 2026 and LoanQuantum on October 7, 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.*