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iLoan - Personal Loans

iLoan - Personal Loans
  • #: 169822
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2014-10-29
  • Current Version: 1.6
  • 1.6
  • Size: 0.50 MB
  • Language: English
  • Seller: Josh Pressnell
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.0 or later
  • © 2010 Josh Pressnell
  •  Add to Favorite apps



Have you ever loaned someone money? Have you ever needed to keep track of partial payments on a personal loan? Have you ever had problems maintaining accurate records of payments or keeping track of the loan balance? Or maybe you're making micro-loans. For small personal loans or for becoming your own "personal bank", iLoan is the application for you.

iLoan isn't just another financial calculator or amortization schedule. iLoan is an application designed to keep track of your loaned money. Keep track of loans you make to others or your own loans. It even works to keep track of bank loans! It is capable of recording multiple loans, payments on the loans, and the current payoff balance of each. A convenient amortization calculator is included to help you setup your loans.


- Enter new loans with origination balance, interest rate, and origination date.

- View individual loan status, showing current balance and payment history.

- Enter new payments as they're given to you.

- Edit existing payments.

- Send loan statements to the borrower.

- Send payment receipts to the borrower.

- Simple amortization calculator gives amortized payment based on entered data and shows the amortization table.

- "What If" calculator shows affect of additional principle payments to loan cost.

- Data is backed up with your regular iTunes backup. Your data is safe and no need for external separate backups

Think I can do something better? Would a slightly different or new capability increase your rating or motivate you to give me a positive review? Please email me. I'm always open to suggestions!

What's New in Version 1.6

iOS 8 Support

iPhone Screenshots

iLoan - Personal Loans iPhone Screenshot 1
iLoan - Personal Loans iPhone Screenshot 2
iLoan - Personal Loans iPhone Screenshot 3
iLoan - Personal Loans iPhone Screenshot 4
iLoan - Personal Loans iPhone Screenshot 5

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Rated 4/5 based on 1 customer reviews.


4/5 stars

Just what I needed.

I needed a way to keep track of payments and calculate interest for loans to my friends. Earlier versions were a bit buggy, but they seem to worked out now. There are a few limitations that need to be worked around, but once you've got the knack of it it's not hard at all.

-Email payment receipts and statements to borrower.
-See payment history and balance at a glance.
-Multiple loans per borrower.
-Easy to figure out basic usage.

-Only whole dollar amounts for initial loan amount.
-Number entries must entered using date entry type select wheels, typing numbers would be much easier.
-Compounds interest monthly, but does not say so anywhere.
-Cannot change compounding period; creates the following "issues." (The numbers come out like they should, but it causes what looks like odd behavior unless you know what is going on behind the scenes.)
-Per diem interest (month to date) value included in display loan balance, but not in calculated balance.
--If a payment is posted mid period it is applied to the balance at the end of the last period, not including per diem interest.
--Must pull up a statement (as if going to email) to get pay off amount as of last the end of the last period. (Cannot payoff based on displayed balance because it includes per diem interest that has not actually been applied to balance yet.)


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The information may be outdated (2017-03-08 10:49:05). For actual information go to iTunes

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