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Description
*** 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
iOS 15 optimizations Face ID/Touch ID Support
Details
- Developer
- MH Riley Ltd
- Main Category
- Finance
- Version
- 1.10
- Version Release
- 2022-01-19
- Initial Release
- 2011-06-23
- Size
- 32 MB
- Age Rating
- 4+
- Price
- USD 1.99
- Languages
- EN, ES
- Bundle ID
- LoanMentor
- Version Rating
- ★ 4.74 (151)
- First Seen
- 2026-05-28
Metadata updated 2026-06-12
Rank History
Free · Max 90 days · Top 5 categories shown (Y-axis: rank, lower is better)
No rank history data
Free Rankings
No rankings
Paid Rankings
No rankings
More by This Developer
User Reviews
Simple, straight forward app that helps track loans and credit cards. It's helped me plot target dates to pay off debt. Highly recommend!
Best loan calculator .. it gives you whatever choice you’d like for calculation
I have used it for years, intuitive, easy to use, and easy to update your loans! I love it, and would recommend it .
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!
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.
Easy to use, Fast, Effective charts
I
This is a great app. I love projecting potential purchases and payoff benefits and how everything is laid out
Easy to use
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.
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