Find answers to common questions about using LoanWise for your financial planning.
Yes. LoanWise is free to download and free to use on both iOS and Android. There's no premium tier, no subscription, and no ads — every feature is available the moment you install it.
LoanWise supports three repayment structures: annuity (equal total payments throughout), equal principal (payments start higher and decline), and balloon (smaller payments with a lump sum at the end). Alongside fixed rates, you can model variable-rate and index-linked loans.
Variable and index-linked projections are estimates. They're based on assumptions you set, not a forecast — no calculator can know where rates or the index will actually go. Use them to compare scenarios, not to predict one.
No. There's no signup, no email address, and no login. Open the app and start calculating. Your saved calculations stay on your device.
Nothing that identifies you. There's no account, no signup, and I never ask for your name or email address.
The app sends your loan figures to the server to run the calculation — that's the only thing transmitted, and it isn't linked to you or to anything else. I use PostHog for basic analytics: which screens get opened, and crash reports. Session recording and automatic input capture are both switched off.
No. LoanWise runs its calculations on the server, so it needs an internet connection.