Loan Calculator - Loan2Me 4+

Quick and Easy Loan Calculator

Jeffrey Williams

    • 4.8 • 6.5K Ratings
    • Free
    • Offers In-App Purchases

Screenshots

Description

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 free loan calculator that quickly and easily calculates loan payments by entering the loan amount, interest rate and term (duration of the loan). Pro features gives you six additional input screens and date features to easily calculate any loan value. Do you want to know how much loan you can afford? Easy, enter the monthly payment you want to make, how long you want to pay and the interest rate to calculate the loan amount. Do you want to know how a lower interest rate affects your monthly payment? Or how about shortening the term of your loan? How much will you save in interest? What if you pay more than the required monthly payment? All these answers are easily calculated with the user friendly input screens.

For mortgage or vehicle loans, use the easy to fill-in input screens for down payments, trade-ins, dealer incentives, insurance, property taxes, sales tax and more. Save your loans for anytime access and automatically sync across all your devices through iCloud (requires Pro Features). Tap on your saved loan to view details, current progress, or easily share the data. Share, save or print your results with just a few taps.

The detailed amortization schedule shows how much of your monthly payment goes towards interest and principal along with the remaining balance. Create detailed Portable Document Format (PDF) reports you can markup, save and share with just a few taps. Quickly alter the loan input values to see the effects on your payments, total interest, total payments and term. Add extra payments to see how much time and money you can save by adding a little more each month or vary the frequency and/or amount. Use the slider on the Progress Chart to visualize your loan progress over time. See how much you actually paid and how much you still owe after a specified period of time. Is it better to take the cash back or a lower interest rate? How much will you save with a 20-year mortgage over a 30-year mortgage?

A valuable tool for anyone wanting instant answers to make an informed decision on that next loan. With vehicle loans, you can also customize the sales tax calculation for your state on whether they give a tax credit for trade-in value and/or dealer incentives. Great for calculating mortgages, car loans, personal loans, boat loans, recreational vehicle (RV) loans, student loans, etc. Knowledge is power. Be an informed buyer to get the loan you want and negotiate the lowest price.

Loan2Me incorporates accessibility features of VoiceOver and Dynamic Font size for user preferences. Choose between five different color themes and even light and dark modes! Detailed help screens and Frequently Asked Questions (FAQs) provides an abundance of information so you can utilize all the features available in this app. The best part is the basic features are FREE without any annoying ads! Don’t miss out on the Professional Features that are available for a one-time purchase. Add this fantastic tool to your toolbox and you’ll always be ready for that next big purchase!

What’s New

Version 4.8.3

Minor appearance updates and performance enhancements to provide you with the highest quality product.

Ratings and Reviews

4.8 out of 5
6.5K Ratings

6.5K Ratings

{Puraagua} ,

A handy App whenever you need it.

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.

buckmergler ,

What about defected payments?

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.

Mitchell Street ,

No ads, free, super simple and aesthetically pleasing

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!

App Privacy

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

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