Debt Payoff Assistant

Debt Payoff Assistant

App Report, Market and Ranking Data
publisher
category
price
Free
Reviews
3.5 (109)
United States United States
Description
Debt Payoff Assistant will help you to payoff all your debts using the popular Debt-snowball method.  The debt-snowball method is the primary debt management technique taught and recommended by many financial experts.  Using this approach, you would pay the minimum payments on all your debts until your first debt is payoff.  Then you would use the extra payment from the paid off debt and apply it to the next debt.  The amount of extra payment will grow as more debts are payoff which results in a "snowball" affect that will help you to payoff subsequent debts faster and increasing your confidence in the process.

Debt Payoff Assistant is a free full-featured version supported by ads.  For an ads-free version, please search for "Debt Payoff Pro" in the App Store.

FEATURES

* Universal Binary
- Designed for iPhone, iPod Touch, and iPad devices.  No need to buy separate apps for each device.

* Multiple Debts Tracking
- Track unlimited number of debts.

* Multiple Payoff Strategies
- Lowest Balance First
- Highest Balance First
- Highest Interest First
- Custom Ordering

* Debt Payment Tracking
- Tracking your debt payment is as simple as highlighting the payment from the payment schedule.

* Extra Payment Support
- Make extra principal payments to pay off your debts faster.

* Built-in Calculators
- Payoff Date Calculator
- Mortgage Calculator
- Loan Calculator

* Charts and Reports
- See your total debts, debts remaining, total interest paid, total interest saving, debt payoff date, and debt payoff time savings via charts and reports.

* Percent Paid Progress Bars
- Progress bar for each debt helps motivate you toward paying off your debts.

* Payment Due Date Notification
- Reminds you when payments are due.  You can also set the time of day that you want to be notified.

* Amortization Table
- A complete payment schedule allows you to view the interest, principal, and remaining balance for each and every payment of the loan.

* Dynamic Custom Ordering of Debts
- With the custom ordering strategy, you can dynamically change the order of debts payoff from the main screen and instantly see how it affects the total debt plus interest amount and the debt payoff date.

* Payoff Date Calculator
- Use the built-in calculator to see the how the monthly payment amount will affect the payoff date and total interest paid.

* Passcode Security
- Passcode protection to keep financial information private.

* Export Capability
- Export your payment list and amortization schedule in HTML format via email.

* Large Number Keypad
- Enter numeric amounts easier and faster with a large standard keypad.

* Customization Settings and Icons
- Configurable settings and beautiful debt icons to customize the application based on your preferences.

* Debt Delete Lock
- Prevents accidental deletion of debts and debt payment tracking.

* Backup / Restore
- Backup your data to your computer for safekeeping.  Then restore it to your iOS device when you need to via the iTunes file sharing interface.

* International Currency Supports
- Currency support is based on the region setting of your device.

* Clean, Intuitive User Interface
Category Ranking
Not enough information to display the data.
Review Breakdown
Not enough information to display the data.
Screenshots
Reviews

Beginning date

I would rate five stars if it had an option for a loan beginning date. Please add this option. Other than that I’m happy with it.

GUNGUY2024Sun, Jan 14, 2024
United StatesUnited States

One major problem

I’m transferring data from a different app manually in this app starts posting from the next month so you would have to turn your phone calendar back a month

Findme299Sat, Sep 2, 2023
United StatesUnited States

Latest update stinks

Used to love the tool but the most recent update has stripped a ton of functionality I have come to love about the tool. Especially being able to see quickly total interest in the calculator but now you throw the amortization schedule with no summary. Time to look for another tool.

Nellyanne1Tue, Jun 27, 2023
United StatesUnited States

This app is just what I was looking for!

I have been trying so many debt payoff calculators to find one without all the bells and whistles and is just simple to use. This one provides the exact information I needed for my debt payoff and it’s so easy to use! I highly recommend this app if you just need to know the basics for your debt payoffs. It saves your inputs, you can compare different payoff strategies and I didn’t pay anything to use it. Thank you for this app, it’s great!

acshea5Thu, May 18, 2023
United StatesUnited States

Snowball not working correctly

I input all my info and have a pay off 4/2035. When i turn the snowball on it shows my debt free this year not sure where it is getting the figures.

hep logging onSat, Feb 18, 2023
United StatesUnited States

Almost there

This is a good debt payoff app with one major flaw. It assumes that people don’t have an instance where they add new debt. I say this because when you do add NEW debt, it defaults the start date to when you initially set up the app. For example, I’ve been using this app for a while to get free and clear of all debt however, my car died so I had to purchase a new car. When I add the new car to the app it makes the start date for payments the same date that I started using the app. That does not allow me to correctly track my debts. I would purchase if this were fixed.

InagnimousWed, Nov 2, 2022
United StatesUnited States

Error!

You are using “princiPLE” when referring to a sum of money. WRONG! It should be “princiPAL”!

HowardB98Thu, Oct 14, 2021
United StatesUnited States
Download & Revenue
DOWNLOAD 5.8KApr 2024Worldwide
REVENUEN/AApr 2024Worldwide
download revenue
About
Bundle Id
com.SVTSoftware.DebtPayoffA
Min Os. Version
8.0
Release Date
Wed, Oct 26, 2011
Update Date
Mon, Sep 18, 2017
Content Rating
Has IMessage
No
Support Watch
No
Support Siri
No
File Size
4.22MB
Has Game Center
No
Family Sharing
No
Support Passbook
No
Supported Languages
English
What's New
version
5.1
updated
6 years ago
Fix issue with app failing to launch on iOS 11
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