Loan Calculator + App Reviews

VERSION
1.10
SCORE
4.7
TOTAL RATINGS
135
PRICE
$1.99

Loan Calculator + App Description & Overview

What is loan calculator + app? *** Featured by Apple as 'What's Hot' ***

Loan Calculator has one aim - To SAVE YOU MONEY on your loan!

If you're taking out a loan, looking to organise your loans, or want to pay off your loan early, then this is the perfect app for you.

Try out various 'What-If' scenarios and quickly see how extra payments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off extra payments, at any period during the loan. Then watch the total length and cost go down. You may be surprised by just how much!

Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year.

5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier."

5-Stars - "...really helped me to compare the different loan deals"

*** Features ***
--------------------
Visualise loan costs in simple, interactive charts:

√ Organise any number of loans
√ Support for mortgages, car loans, credit cards and many more
√ See money saving effect of regular or one off Extra Payments
√ Variable Rates support
√ Calculate the 'True Cost', by including Tax, Insurance etc
√ Email a PDF or HTML of the loan details
√ Takes into account PMI for mortgages
√ Monthly breakdown of costs (Amortization)
√ Full support for fixed 'Initial Rates' e.g. interest free for 6 months
√ Try out various 'What-If' scenarios
√ Charts allow easy visualisation of the costs
√ Make an informed choice by comparing loans
√ Extra payments can 'Reduce Term' or 'Reduce Payments'
√ Support for 'Repayment' or 'Interest Only'
√ Set of quick calculators for instant answers
√ Backup & Restore via Dropbox
√ Passcode protection
√ Elegant, simple and powerful user interface

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App Name Loan Calculator +
Category Finance
Published
Updated 19 January 2022, Wednesday
File Size 31.87 MB

Loan Calculator + Comments & Reviews 2024

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Outstanding calculator with great options. Great loan calculator with various charts and capabilities to illustrate how quickly you can accelerate loan payoff and limit interest. This is my go to calculator for all loans.

Great!. This is a very useful modeling, and tracking tool, it helps plan financial decisions by giving you a realistic prospective of what new debt will cost allowing you to weigh options.

Easy to use. Maintains a clear record of all potential and existing transactions. It's simple use.

Great App. I have used it for years, intuitive, easy to use, and easy to update your loans! I love it, and would recommend it .

The Best Loan App I've Used. I'm giving four stars instead of five because i see so much potential and i don't want to give the developer a big head. The multiple extra payments at any time of the loan ( and now the variable interest ) is gold in itself. This is by far the number one app for what-if scenarios. A few more calculators wouldn't hurt though like one that figures a loan value given the interest rate and monthly payment. The addition of a savings calculator with multiple extra "payments" would seal the deal into five star territory. On it's current path i can easily see this app being the gold standard of loan (savings) calculators.

Incomprehensible. What should be a simple process is made impossible by this curious app. Enter loan details and it ask you for “rate” ... but this isn’t the interest rate, which is another field. So what is it? Even if you do enter all the loan data, it doesn’t tell you your monthly payments that I can find. Wait ... what?

Loan Mention App. It's pretty cool, Love this app. It helps me keep track of what loans I lent out with family or friends.

Fantastic App. I’ve used this app multiple times to run loan scenarios. It includes everything I need including an option to add extra payments at different times and intervals. It’s a keeper. I’d give it 5 stars if I could see a payment calculated on the input screen. Currently I need to finish input, rotate screen and then click the payment amortization schedule to see the payment.

Great straight forward app!. Great app! Easy to use and intuitive. Recommend to both of my adult children

Great app!. I really love this app for tracking loans.

President. Easy to use, Fast, Effective charts

Very useful. Easy to use

Great for private loans. I used this app for calculating interest on a loan from my family. Works just like a bank’s software!!!!

Useful app. This is very useful when buying a car, take it to the dealer to calculate what you can afford.

M. Dislike, not worth 15 cents

Fantastic little loan calculator app!. I have been using this loan calculator for a few years now and it is great! It is not complicated and it easily allows me to add extra payments, including one-time payments, to see how that reduces the payoff date.

Excellent Tool. Been using this calculator for a year and is really a nice tool to have

Great App. I use this app quiet a bit. Nice

Great App.. I like being able to run loan scenarios quickly. This app really helped me determine my payment and other details when shopping for a mortgage.

Simple, to the point and works well. I mostly use Loan Mentor to run what if scenarios for new loans but it is also really useful to track existing loans and work out the best acceleration options.

Great easy to use what-if app. I use this for lots of what-if scenarios, auto loans, home refi, HELOC, etc.

Great for calculating accelerated payoff. Easy to use, with the best support I’ve seen for complex accelerated payoff profiles. I wish it could calculate anything based on any inputs though, like interest given the payment.

Very helpful. I used this app to compare balance transfer offers. It showed me the total cost and how long it would take to pay off in each option. It will save me over $1000 when all is said and done.

It does what it’s supposed to.. If you are looking for something to help you calculate car payments or calculate how much will end up paying for a loan, this up will be your best friend.

Just what I needed.. This app is very easy to use and gives you all the information you might need to pay off your debts quickly.

Perfect!. For my many uses, I haven't run across any complaints. No hidden additional purchases and no ads! Love that you can save your many loan queries.

Mtg app (Joe Pozo, user). Great app, very user friendly Valuable for planning cash flow and bank presentations

Update: errors (was: So handy!). Update: Had to knock this down 2 stars from my original 5—I still love this app, but it does have a couple of problems :-( When I add an extra cost to certain type of loan, it adds it as a payment into the first payment. It also calculates the percentage incorrectly on the pie chart overview of the loan. Please fix this!! (Original review:). Love this app, thanks! Very handy!!! Only feature request—amortization schedule comparison when comparing loans.

You get what you pay for!!. A great, straightforward app with simple and easy to use application. Easy to read and understand. The charts a great-- being a visual person, myself. Gonna use this for all my loans!

Very helpful in figuring out repayment options. I used loan mentor to figure out where to target increased principle payments on different loans to maximize interest savings and ultimate pay off dates. I have eliminated one loan now, and am using it to set targets for my remaining loan.

Great App!. This app is easy to use and does exactly what it says.

Excellent: Simple: Very useful. I love it!

Awesome!!. It has been very useful!!

Does a good job!. For an app that I don't use everyday, it has saved me way more money than it cost. I've tried several "similar" apps, but always come back to this one.

D.Abul. Best loan calculator .. it gives you whatever choice you’d like for calculation

Easy to use, easy to email complete amortization schedules, great app!. A++++

Intuitive with great features. After trying to explain the value of paying down our home to my wife using spreadsheets I found this 2$ app and was able to get the point across without having to open excel and start manipulating tables. Quick and dirty data entry, love the extra payment option the app is easy to use with great visual appeal.

Simple. I

Love this app. This is a great app. I love projecting potential purchases and payoff benefits and how everything is laid out

Love it. My favorite app

Great Support. I had a couple of issues where extra payments would cause the "interest saved" value to be wrong. I contacted the developer and he was very prompt with his response to my concerns. Turns out this was a known bug and had already been fixed for the next update. I just installed that update (1.4) and all is good! The developer was also very interested in suggestions for changes to the app. A couple of which were also incorporated into the latest release (again 1.4). I'm not the CEO of a major bank but this app covers what I'm trying to do. Not all apps can be all things to all people. Overall, I'm happy with the app, the support and the purchase price.

Good App!. Allows you to keep track of more than one loan at a time. Easy to use.

Useless. Totally useless. Don't waste your money.

Great loan calculator. This app is worth the money. It is very accurate and easy to use. Buy it once and use it in all of your devices. It is great at what it does!

Works Good. Love to be able to Print. Works as described. Like the email functionality but would love to be able to print from the app.

It does everything. I like how the app helps me manage occasional extra payments in a running total

Review. Like the way it works. Thx

Very Easy and Usefull. This is one of the best and easiest loan calculators to use.

Perfect weapon. I continually return to this app as I am car shopping and need to play with numbers at the dealership to see what the total amount financed needs to be. It's a perfect weapon against sales tactics like the "it's only $20 a month more..." When the salesperson goes for the 4 quadrants I get out Loan Mentor to run my own numbers.

Great for calculating loans. Especially great when car shopping

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Excellent app!. Good basic application, does the work which it promises

Great thanks. Just what I have been looking for

Easy to use, but powerful. I tried lots of loan apps. This one is simply the best for ease of use and wealth of features. My husband and I want to pay off our mortgage sooner. With this app, we could add extra repayments when child1 finishes uni, another set of extra payments when child2 finishes uni, a one-off payment from selling a motorbike, etc. I didn't need to use the help section, but when I checked it, I saw it was very clear, detailed and explained even more features.

Great App. Fantastic tool to manage loans with multiple inputs and the option to change then on selected pay periods etc

Loan calc +. Great app allows different scenarios and shows the outcomes

Engineer. Very good, clean, & intuitive interface. Works very well. Good help topics too.

Fantastic! Exactly what I wanted. I wanted something to tell me when my loan would be paid out at different repayment amounts. This app did that beautifully + lots of extra very useful features.

Great app. Working as a Mortgage Broker, it's important for me to be able to calculate various P&I repayments on the go. I've found this app to be the best one, and I’ve been using it for years.

Great App. Love it

ok. it's ok

Very helpful. Great app for working out payments. Especially on things like credit cards, where you have to work out interest, and how long it will take you to pay it off. I just wish my girlfriend was as helpful when it come to spending on the credit card. Lol.

Seems pretty good!. Proving to be very useful! Easier than having to call the bank for a payout figure!

Great product. Easy to use and great outcomes!

Great app. Mark replied to my question within a few hours. The app is great and with a little development it could become a really valuable tool for those in the finance industry. Thanks J

Best $2 ive ever spent.. For years ive been looking for a homeloan calculator on dozens of bank and various other kinds of websites and apps. NONE could do what i wanted. I just wanted to be able to work out how multiple lump sums and extra repayments would affect a 5yr fixed and 20yr variable loan. Which I didn't think was too much to ask. Apparently it was. Because this is THE ONLY APP THAT CAN DO IT. Thank you guys so much.

It's ok. Not really worth the $5.49 I paid for it but a reasonable application. Could do a LOT more

Awesome app. I wish I had it before

This is the best I have seen so far. Does what it says. Very neat, clear interface and graphs. Get it, you will not retreat it!

App review. I love this app.. It is so good, I'm all excited now on really seeing my debit reduced and paid out within 9 months.. Thank you all...

Excellent application. Very comprehensive application that does exactly what it claims.

Love it. Great so to do all types of loan demerits offers fortnightly payment options as well.. amazing thank you team

Just awesome. Very intuitive, had questions about my loan that I'd totally forgot out.

Mr Noel. Best I've found yet. Very easy to use. Great graphs and functionality for comparative exercises. Get it.

Not what I was hoping for.... Theres a few things lacking that make this program redundant for me. I think I would like this better if I could add extra payments using the date not year 1 week 6. Also if I could manually enter my loan repayments not be told what I should be paying and have to adjust accordingly.

No good. Doesn't do complicated interest rates. Would be easier to set time and monthly repayment amount, and have it confirm the interest rate type. Not worth the money.

Greatest app. Invaluable app for loan repayments

Great for working out a plan. Good little app to help you work out how to save money on a loan.

Easy to use. This app was surprisingly easy to use AND it lets you add and look at alp the details. Just cant get over the fact that its so easy to use.

Great App works well for me. Great App works well for me

Great app. Tried many and this one is great. If you could copy a loan rather than have to create from scratch it would be perfect!!

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Great. Great app

Awesome. Great app!

Great tool. This is a great app to determine if you are able to carry a debt load and flexible enough to readjust any variables in case your situation should change in the future.

Love this app... but.... It seems the calendar is off. My payments are biweekly, so in July of 2020 I should pay on the 3, 17 and 31 but it’s saying I only pay the 5 and 19, which is incorrect. How do I fix this?

Its great. I love to organize my debts and this app is the best one so far! Love the options on extra payments and its easy to use

Very good. Good options for different rates and lump sums on loans. Very helpful.

Good app. Very good app.

Very useful app.. The only app that motivates me to make extra payments on my loan...

Fab!!!. Love it!!

I like it. Great app . Easy to use with lots of options and settings.

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Dappershot. Great tool. Quickly helps me get the facts I need.

Missing basic features. Tis app omits the ability to calculate a loan amount based on interest and monthly payments... This is very basic and included in every free app I've tried, yet this one cost me a couple bucks and isless capable? Bad form.

Terrific loan app!. Simple to use, attractive interface and well written feature set. Worth the $2 in my opinion. Thanks

Great. Love it, simple and works perfect.

Very Nice. Nice app. I like the .pdf export feature. Five stars if the developer adds quarterly and annual payment cycles/schedules. Many business loans opt for these instead of monthly payments.

Like the extra payment feature. This app is wonderful for calculate pay off date when you pay extra. Play what-if help you set target. It did crash a few times then I have re-enter everything. Hope it can be fixed.

Good product. I recommend.

Versitile!. I especially like the option of including one-off payments.

Great!. This is the best app in his kind ever

Easy and quick. Like this app, nice graphing and comparison capabilities. Easy to quickly adjust mortgage scenarios.

Pretty good!. I love the fact that this app is really easy to use (especially with "what-if" scenarios).

Excellent app. For a free app, this is excellent. I love the multiple extra payment options then checking the resultant months saved. Great for managing my mortgage...

Excellent App. I love this app

Student Loans. I love using this app whenever I need to look over student loans for repayment options or if I need to put a big purchase on a card. I'm sure it'll be even more useful when I go to get a car and house in the future

Great App!. Simple and easy to use. Does everything you need it to do. Great for trying out extra payments and seeing how much you save. Highly recommeded!

Caculadora. El programa es bueno

Great app. Very helpful

Great financial planning tool. Very easy to use.

Great. Stuff

Works great!!!. This was a perfect tool for my wife and I to crunch the numbers in regards to refinancing two different loans. It can give you a good idea of how much interest you will pay (or save) over the life of a loan. The only thing I wish it had was output to delimited text or XML. It does offer PDF / HTML output though.

Helps in debt reduction. This app is good for debt reduction. It lets you see how extra payments effect your debt and you can plan the best scenario that works for you.

Worth it. Good simple tool to calculate whether it's worth refinancing.

Boo. Boo Booo Boooo Booooo. Zero Rate!!!!!

Consumer. Great app. I have had other calculators, and this one does more than the rest. The extra payment function is great to play around with. Great job!

Great!!. As advertised!!

Awesome app. Highly recommended. Very easy to use and gives great results. The extra payments feature is worth it alone! Charts are excellent too.

Love it!. I really like that you can enter multiple additional payments. Haven't seen that on any of the free apps. So far no downside.

OneBit. After having gone through several aps trying two find one that works, this one does everything I need it to do for me. Top shelf product. I like it.

Excellent!!!. Great app!!!!

Easy to use and understand. So easy, even a caveman can use it. Well worth the price.

Prefer portrait mode. I guess some people like landscape mode, unfortunately, not me. Since I use this app a lot to see what extra payments will do, very disappointed with this update.

Great. Great

Great loan tool!. This app does everything it should and is good for comparing loans. I wish payment were visible on the screen with the loan details without having to tap, but that's a minor quibble. 

Great app. Extremely helpful when trying to decide if refinancing makes sense or not. It also illustrates very clearly how you can knock years off your mortgage by paying a little extra each month. It's also fun just to play around with numbers.

Very easy. Easy tool to use.

Awesome. Great for figuring out any possible payment scenario with as many extra payments as you'd like!! Great tool for anyone looking to purchase anything that requires a bank loan

Love it!!. Sometimes I have extra cash and this app helps me figure out which loan I should put the extra cash to

Calculate This!. This is a very neat and useful app. It might take a little time to get acquainted with its numerous screens and options, but once familiar it becomes much easier to use and its value as a loan tool becomes far more apparent. Fantastic app!

It's great!. The app does what it says. Also found the down payment option. Kind of wish the ui matched the really great logo icon.

Excellent. Great app to manage our mortgages

Visual learners. If you learn most effectively through visual methods this app will help you understand your mortgages easily. I have no complaints.

The one to get!. I bought 3 similar apps and deleted the other 2... I am a Realtor and my clients love the way it shows them all the different scenarios. Fun and informative.

Solid app for planning. I love how you can add extra payments with dates. This allows you to take x dollars and put it at one loan.. See when it will be paid off, and move to the next loan and put extra payments at that date. Crucial for solid plans.

Great app. The best loan app period, if you are interested in paying loans off quickly this is the extra payment app to get.This app is helping me to change my financial future by accelerated debt pay down. The app gives me a way to visualize my goals, a major motivator.

Very useful. Use this app all the time. Simple and useful.

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Loan Calculator + 1.10 Tips, Tricks, Cheats and Rules

What do you think of the Loan Calculator + app? Can you share your complaints, experiences, or thoughts about the application with MH Riley Ltd and other users?

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Loan Calculator + 1.10 Apps Screenshots & Images

Loan Calculator + iphone, ipad, apple watch and apple tv screenshot images, pictures.

Language English
Price $1.99
Adult Rating 4+ years and older
Current Version 1.10
Play Store LoanMentor
Compatibility iOS 12.1 or later

Loan Calculator + (Versiyon 1.10) Install & Download

The application Loan Calculator + was published in the category Finance on 23 June 2011, Thursday and was developed by MH Riley Ltd [Developer ID: 409695800]. This program file size is 31.87 MB. This app has been rated by 135 users and has a rating of 4.7 out of 5. Loan Calculator + - Finance app posted on 19 January 2022, Wednesday current version is 1.10 and works well on iOS 12.1 and higher versions. Google Play ID: LoanMentor. Languages supported by the app:

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Loan Calculator + App Customer Service, Editor Notes:

iOS 15 optimizations Face ID/Touch ID Support

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