Simplest way to stop feeling overwhelmed and start having a specific, step-by-step plan for paying off your debt.

Today is the day to make a plan and beginning paying down debt. Required inputs for calculating your debt free date are the current balance of the loan, the APR, and the minimum payment amount. That's the only requirement to getting a customized debt repayment schedule.

Easy steps to becoming debt free:

Enter your loans and debts
Enter your additional monthly payment budget to pay down faster
Choose a debt payoff strategy
- Debt Snowball (lowest balance first).
- Debt Avalanche (highest rate first)
- Custom debt free payoff plan

Debt Payoff Planner and Calculator determines the optimum payment plan and how long it will take until you will be debt free. We recommend the Debt Snowball strategy because we believe that paying off individual accounts faster will help you stay focused on your financial goal of debt elimination. A payoff plan is only useful if you stick with it!

Your ability and willingness to pay more than the minimum payments is how you will become debt free in less time than you imagined. Budgeting your income will help you to get a regular monthly amount to pay down the debt faster. The payoff chart will show two payoff scenarios: only paying the minimum amounts, and the repayment schedule when you pay more the the minimum ever month.

Additionally, there is an option to create an account for saving debt payoff and payment information. This account can be accessed across multiple devices, from multiple app stores. Creating an account is entirely optional, but it does enable you to have a secure backup and your information is immediately available if you start using a new device.

We believe that becoming debt free requires an easy starting point. The loan calculator has minimal inputs in order to make your money management easy to follow.

The Debt Payoff Planner and Calculator is also used for tracking payments and updating the time-frame for becoming debt-free. Inputting payment information is as simple as typing in the amount and the date the payment was made. The goal of payment tracking is to see your progress over time and stay focused on your financial goals.

In addition to being a debt and loan tracker, we are also trying to help point out some possible next steps with articles focused on how to pay off student loans, auto loans, and credit cards faster. Also, there is some tips on credit card balance transfers as well as strategies for debt consolidation. We hope that our resources will enable you to be your own finance manager and assist you in your journey to becoming debt free.

Keywords: debt tracker, debt management, debt free, debt calculator, student loans, debt consolidation, auto loans, debt control, credit card debt

What’s New

Version 1.2.7

We've fixed the issue where the app would seem to randomly refresh when the phone switches between the wifi and cellular network.

Ratings and Reviews

4.6 out of 5
641 Ratings
641 Ratings
Bluebelle99 ,

Perfect App for Snowball Plan!

I downloaded nearly every free / .99 app to test out for a specific, simple debt payment schedule. This is the very best one of you are looking for a good, visual list of your debts and an uplifting schedule of the plan to get to debt free. After you enter the basic info (card total, apr, due date, minimum payment,) and tell the app how you want to tackle it (I picked the good old snowball method,) with what dollar amount each month = it just sets out your plan to the cent for all the coming month. This app has some advice articles if wanted, but doesn’t bog you down in advice you don’t want to read. Also, you set your own priority debt / card. It will automatically order them, but if you really want to eliminate one for your own reasons - you can just set it first. It has multiple super-visual, colorized pages you can check. It’s just a great tool - simple and powerful.

OlZalibraLou311 ,

Amazing Amazing App

I’ve looked around for other apps but this is the absolute best one! If you’re a goal oriented person, this is the perfect app. It gives you a break down and time line. So you can get realistic and really see what it takes to pay off your debt. You can play around with it and find the perfect strategy to meet your goal. And with the timeline and breakdown it gives you, you no longer feel discouraged. It honestly puts you at ease and shows you you will be debt free... it’s just gonna take a little while ☺️ I don’t ever rate apps. But this app again... was amazing. I am super grateful for this and I am SO much more closer to being debt free then I was just doing it myself. I even have my boyfriend using it and he loves it too! Again, the timeline and break down it gives you really let’s you know, “You CAN do this!”

kelliswen ,

Helpful Snapshot

I really love this app and the picture that it gives/plan it has helped me make. I also like that I am able to enter promotional APRs! One thing that would be EXTREMELY helpful to me would be the ability to check off that my planned payments for the month had been made. Or, a way to know that I had reached my payoff goal/plan for the month. As someone who was spreading myself too thin trying to pay everything at once, I would like to be able to see that I am “done” with making payments for the month and that I’ve paid “enough” to stay on track with my plan.
Thank you!


OxbowSoft LLC
26 MB

Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.



Age Rating
You must be at least 17 years old to download this app.
Unrestricted Web Access
© 2015 OxbowSoft LLC


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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