*** 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

What’s New

Version 1.9

iPhone X Support
iPhone 6/6 Plus Support
Fix occasional crash

Ratings and Reviews

4.6 out of 5
87 Ratings

87 Ratings

Wknitter12x12 ,

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.

Bordwell ,

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.

lrprice ,

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.


MH Riley Ltd
31.6 MB

Requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch.


English, Spanish

Age Rating


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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