Loan Calculator = at App Store analyse

App power index: 100 (based on ranks around App Stores today)
Business Utilities
Developer: Amit Sett
Price: 0 free
Current version: 1.4, last update: 7 years ago
First release : 12 Oct 2011
App size: 284 Kb
4.6 ( 816 ratings )
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Estimation application downloads and cost

> 2.2k
Monthly downloads
~ $ 900
Estimation App Cost


This free app is great for calculating a loan or mortgage. You can calculate the monthly payment or the principal loan amount or the loan term or even the interest rate.

Loan Calculator = also provides users the ability to do basic calculations.

There are 4 operations for the loan calculation:
PV (Present Value) implies the loan amount
% (Interest) implies the loan interest rate
N (# months) implies the loan term in months
PMT (Monthly Payment) implies the monthly payment towards the loan

The calculator has the ability to compute either PV or N or PMT or % provided that the other three variables have been entered. To set a value for any of the 4 loan operations just enter the value and press the desired operation.

A. To calculate the Monthly Payment for a $300,000 loan with a 6% interest over 30 years:
1. Enter 300000 then tap the PV button
2. Enter 6 then tap the % button
3. Enter 360 (30 years x 12 months/year) then tap the N button
4. Tap the PMT button to calculate the monthly payment

B. To calculate the Loan Interest Rate for a $300,000 loan with a $1500 monthly payment over 30 years:
1. Enter 300000 then tap the PV button
2. Enter 1500 then tap the PMT button
3. Enter 360 (30 years x 12 months/year) then tap the N button
4. Tap the % button to calculate the loan interest rate

C. To calculate the Loan Term for a $300,000 loan with a 6% interest and a $1500 monthly payment:
1. Enter 300000 then tap the PV button
2. Enter 6 then tap the % button
3. Enter 1500 then tap the PMT button
4. Tap the N button to calculate the loan term (in months)

D. To calculate the Principal Loan Amount given a $1500 monthly payment over 30 years at 6% interest:
1. Enter 6 then tap the % button
2. Enter 1500 then tap the PMT button
3. Enter 360 (30 years x 12 months/year) then tap the N button
4. Tap the PV button to calculate the principal loan amount
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Available in countries
Country Price
Canada free
China free
France free
Germany free
Italy free
Netherlands free
Portugal free
Spain free
Poland free
UK free
India free
Japan free
Poland free
Russia free
Turkey free
USA free
Korea, Republic Of free
Ukraine free
Available for devices
iPhone3GS, iPhone4, iPodTouchFourthGen, iPad2Wifi, iPad23G, iPhone4S, iPadThirdGen, iPadThirdGen4G, iPhone5, iPodTouchFifthGen, iPadFourthGen, iPadFourthGen4G, iPadMini, iPadMini4G, iPhone5c, iPhone5s, iPadAir, iPadAirCellular, iPadMiniRetina, iPadMiniRetinaCellular, iPhone6, iPhone6Plus, iPadAir2, iPadAir2Cellular, iPadMini3, iPadMini3Cellular, iPodTouchSixthGen, iPhone6s, iPhone6sPlus, iPadMini4, iPadMini4Cellular, iPadPro, iPadProCellular, iPadPro97, iPadPro97Cellular, iPhoneSE, iPhone7, iPhone7Plus, iPad611, iPad612, iPad71, iPad72, iPad73, iPad74, iPhone8, iPhone8Plus, iPhoneX,