The only loan calculator you'll ever need! Easy to use, share and save data with a few taps. Pro features provide advanced calculation methods. Basic features are FREE!
Loan2Me is a comprehensive loan calculator that quickly calculates loan payments by inputting the loan amount, interest rate, and term. Pro features include six additional input screens for determining loan values and date-related calculations.
Users can easily calculate loan affordability by inputting their desired monthly payment, loan duration, and interest rate. The calculator also shows how lower interest rates affect monthly payments and potential savings by shortening the loan term.
For mortgage or vehicle loans, the calculator has input screens for down payments, trade-ins, dealer incentives, insurance, property taxes, sales tax, and other expenses. Users can save loans for convenient access and they automatically synchronize across devices via iCloud (Pro Features required).
Accessing saved loans is easy, with loan details, progress tracking, and sharing options. Users can save, print, or share results with a single tap. The amortization schedule details how much of your payment goes towards interest and principal each month.
Users can create customized reports (requires Pro Features) in PDF, text or comma-separated values (CSV) files for spreadsheet import.
Modify loan input parameters to see how they affect payments, total interest, total payments, and loan term. Enhance loan management by making additional payments to calculate savings in time and money. Use the Progress Chart slider to visualize loan progress over time.
Loan2Me provides immediate answers for informed loan decisions. For vehicle loans, it offers customizable sales tax calculations based on state regulations. Compare cashback options with lower interest rates to help your decision making. Determine substantial savings from 20-year to 30-year mortgages.
Accessibility features include VoiceOver, dynamic font sizes, five color themes, and light/dark modes. Comprehensive help screens and FAQs provide further information.
Basic features are available for FREE without any intrusive ads. Pro Features are offered as a one-time purchase. Enhance your loan management and decisions with Loan2Me.
Loan2me has been very handy for me. I have used it several times when closing a deal. Without it, I could have paid more interest on loans over the years. Say that you are buying a car, and the total interest over the life of the loan is 10k because you know your credit score. While you can't do anything about your % knowing that, you can negotiate a better price for the car you are interested in buying; paying less equals less in interest.
What about defected payments?
buckmergler
I would like to see the app show a deferred payment. Many times when you buy a vehicle you have 30 or 45 days before your first payment. This obviously equates to part of the calculation of what your monthly payment is going to be based on the number of days interest is accruing from the actual date of purchase. I have not seen any loan calculator include this or offer this option. Every loan I have ever entered has never equaled the same as what the dealer calculates. I find that you enter the purchase price on the contract along with the number of payments and it’s off by a couple of dollars. I was told this is because it is adjusting for the number of days between the purchase and the actual first payment made.
No ads, free, super simple and aesthetically pleasing
Mitchell Street
I downloaded all the other free apps and they were ok but they had either ads, they only displayed in portrait mode, or you had to scroll through options to choose how many years or months. This app, on the other hand, is ad-free (so far), and it updates every time you input information. I am so grateful, thanks!
Great App. One suggestion.
CRN2024
This is a great loan app for tracking loans. I wish the amount for each loan on the saved loans screen would display the current balance, not the original balance. Nobody cares what the original balance was, but it would be helpful to see the current balance of each loan at a glance on one screen without having to navigate through multiple different screens to get to view current balances. Please please please change that. I would give 5 stars with that change.
Developer Response
Version 4.7.1 update lists the remaining balance on the loan instead of the original loan amount. Additional details on the loan are displayed when the saved loan cell is tapped. Thank you for your suggestion and review.
Minor bug fixes and performance enhancements to provide you with the highest quality product.
Version 5.6.2
The developer, Jeffrey Williams, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Not Collected
The developer does not collect any data from this app.
Privacy practices may vary, for example, based on the features you use or your age. Learn More
The developer indicated that this app supports the following accessibility features. Learn More
