Loan Calculator +

Loan Calculator +

By MH Riley Ltd

  • Category: Finance
  • Release Date: 2011-06-23
  • Current Version: 1.9
  • Adult Rating: 4+
  • File Size: 30.09 MB
  • Developer: MH Riley Ltd
  • Compatibility: Requires iOS 8.0 or later.
Score: 4.5
From 167 Ratings


*** 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



  • Fantastic App

    By Bordwell
    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 App

    By c ensign 08
    I use this app quiet a bit. Nice
  • Incomprehensible

    By drtimhill
    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?
  • Review

    By User 57
    Like the way it works. Thx
  • Update: errors (was: So handy!)

    By Wknitter12x12
    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.
  • Good App!

    By Carolynflys
    Allows you to keep track of more than one loan at a time. Easy to use.
  • D.Abul

    By Dhari Abul
    Best loan calculator .. it gives you whatever choice you’d like for calculation
  • It does what it’s supposed to.

    By N3508
    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.
  • Does a good job!

    By Ravinloonatic
    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.
  • Love it

    By Ibarrita
    My favorite app