Easy Loan Payoff Calculator

Name: Easy Loan Payoff Calculator
Rating: 4.85673 (2443 reviews)

Finance

View in App Store

Easy Loan Payoff Calculator

Finance

4.9

2.4K ratings

Age Rating

Seller

Matthew King

View in App Store

Price Intelligence:

Average for the Finance category The most popular in-app price for the app

Grow your in-app revenue

while we take care of your subscription management.
Mobile SDK by Qonversion.

Learn more

Price Intelligence based on:

213,534

apps aggregated

8,172,290

in-app prices defined

main categories

In-App Purchase Price (Subscription or Non-Recurring)

vs. average for the Finance category, $, by region

Build, analyze, and grow in-app subscriptions

with the most powerful mobile SDK for subscriptions

Explore

User Reviews for Easy Loan Payoff Calculator

Disappointed

I've been using the free version for a few years--it's a great, handy app. I decided to purchase this one because I wanted to calculate how many months would be knocked off my loan if I apply my tax refund towards the principle. I'm very disappointed that the only two "what if" scenarios are adding a payment each month or adding an annual payment. I'll gladly change my review to 5 stars if the developers add a "one time payment" scenario.

Bld7308, Dec 05, 2017

Amortization statement

I would like to be able to enter the date of the first payment and the statement would show the date of each and every payment.

chikinhok, May 08, 2021

Poorly designed

OK, calculating interest is simple. So why am I still sitting here after 10 minutes trying to figure out this program?People want to buy a program like this in order to make simple calculations about paying off a loan. I'd like to be able to input my data and then run about 10 different solutions to figure out what would work for me in paying off a loan. If this does this I sure can't figure it out after 10 minutes because it is not idiot proof or it does not do that.In either case if a software program takes more time for me to figure out than buying another software program then it is poorly designed. This package is poorly designed.

Dc9loser, May 23, 2017

Just what I wanted

I have tried 4 other mortgage calculators and this is by far the best. Well designed and easy to use with all the information I need. Since finding this app I have deleted the others. I highly recommend

Few bird, Aug 03, 2019

Best I’ve tried but room for improvement

The reason that I got this app was because I wanted to be able to see the effect on my mortgage of making extra payments both for motivation and to weigh what was worth doing. Of the apps that I have tried, this one does that the best. However, I have a few suggestions/requests.1. In addition to the monthly and yearly extra payment, add a one time extra payment option. For example, what is the benefit if I put my tax return or bonus toward my mortgage.2. Allow previous extra payments to be saved showing how much benefit there has already been from the extra payments I have made.3. Allow a start date to be set so you can look and see where you are in your progress instead of just seeing numbered payments.4. (Optional) Add the ability to set a target end date and calculate how much to pay each month to reach that goal. Thanks for the app and I hope it continues to get better.

Golowah, Mar 17, 2021

One of my very favorite apps.

I use this all the freakin time. There is none better. I’ve even gifted it to a grind and a family member. Not to sound all “infomercial”. It I just got a new truck. Had the payments broken down and got into the finance guy and he told us it was $100 more a month than I had calculated! Long story but turns out he just added the extended warranty with asking!! I kinda flipped out, made him take it off and let my partner finish the sale. But I couldn’t help thinking, how many people didn’t pre calculate the payments and had some crap like that added to their loan without their knowledge?? So using this app may not have actually save me that money. I’m assuming I would have questioned it anyway but it sure made it much more clear. If it had just been $50 a month I might not have said anything if I had just estimated. That’s still $50x72 months. Bottom line. Anytime I want to figure out interest I open this app up. Get a figure. And then I can sleep at night without trying to do impossible math in my head.

insainlewey, Mar 15, 2021

Great little app

Anyone with a long term loan (car, boat,house, etc) should have this app. It's amazing how a few dollars of extra principal each month can reduce the loan length. This app is simple to use and will show you what you can save on time and interest.

Little Brushy, Jun 27, 2016

Love this app.

This app has been so useful:1. When I was trying to sell my house last year and people wanted to do contract for deed and I needed an easy way to figure what the monthly payments would be for whatever I was trying to sell my house. 2. When I want to do "what if" situations about a home equity loan against my house and see from various amounts I am considering borrowing, what my monthly repayment amount would be.3. When my wife loans me a sum of money to help me pay something, how many months I need to knock off of her (share of the bills) $500 monthly payments to pay her back.It is so super to be able to play with different loan amounts, interest rates, and length of time to repay scenarios to compare the various monthly payments on what works best for me. Hope this review helps. 😉

Luvaznf, Sep 15, 2016

Financially Smart

As a college student, this is a great application to keep track of my student loan payments and calculations! It is essentially a loan calculator, and I will definitely recommend it to anyone wondering if they should use it. It also helps with mortgage calculations and finance in general.

Nicolas Posada, Mar 10, 2016

Love this app, can you add

I love this app and it’s others in the suite. I do wish the “What if” app had a one time lump sum payment option. I’m often have a one time windfall of cash and want to put a lump sum on a loan. I’ll take it the way it is, but that would be a great feature. (Windfall from inheritance, sale of another property, job bonus, sale of another asset is more common in my finances)

Tara J. Hutchens, Mar 01, 2020

Description

We’re the original loan calculator app, helping people calculate loan repayments, interest and “what if” scenarios for over 10 years! Save yourself time and money (potentially even thousands of dollars) using the What If Loan Calculator. In seconds you'll be able to calculate the monthly payment for any fixed rate loan, including mortgage, auto, credit card, etc.

You'll also be able to calculate "what if" scenarios to determine how additional monthly or yearly payments will help you pay off your loan early and save money in interest. And you'll be able to view a handy amortization/payment schedule showing how much of your loan's principle and interest will be paid each month. If you're shopping for a home or car, thinking of refinancing, or want to see how you can save money, this application is a must-have! ----------------------------------- WHY USERS LOVE OUR APP ----------------------------------- - "What If" Scenarios See how much money and time you can save with extra monthly and/or yearly payments. - Save Loans Save all your loans so you can quickly recall/compare loans. - 10 Years’ Experience This was the first "what if" loan calculator in the app store. We have tens of thousands of happy users since 2008. - Simple to Use Interface Very simple interface allows you to quickly use the calculator without having to reference help files and documentation. - Smooth & Fast Performance Optimized to instantly perform calculations when a field is updated. - Email Email loan data to yourself or others in a nicely formatted table that is easy to read. We want to hear from you if you have any questions, concerns, or recommendations. Please email us at: [email protected] SEE WHY OVER 100,000 USERS USE US TO HELP MANAGE THEIR LOANS – DOWNLOAD TODAY!