Leave a Review Debt Snowball Calculator
Great app for tracking progress!
I love the user interface for this app and also the way it all works together. It allows you to print a chart where you can cross off payments and see your progress towards being debt free. It also lets you add extra payments if you’re trying to pay off your debt quicker. Overall great app!NoelpereziPhone6P
Not Impressed 😩
While I like the concept of logging my debts and their details, I was expecting much more from this app. I was expecting to list the debt and the details, then see an actual tracker to include me listing the payments made and seeing the balance decrease ... similar to the way I have it set on my excel spreadsheet which is what I will stick to using. We all know that feeling you get from seeing a balance decrease and this app doesn’t do it for me. It’s very basic and not helpful at all. I don’t have a ton of debt but I don’t think this app being provided at its full potential. I’m sure there are some other features that could be applied to make this app #1 but in its current state it’s just not what I need. The purpose of using this app is to stay on top of paying down debt and this app is very boring and doesn’t motivate you, remind you, allow you to set goals (or send any alerts when you’ve reached a goal), have any cool color schemes or anything ... you’d be better off saving your money and using excel. At least it’s free and customizable!Show lesswellhereyougosinceyouasked
Not enough for the cost
Needs to allow for tracking payments after snowball plan is generated. Adjust snowball projection based on each entered monthly payment.App dev1234
Joy
I like how it breaks down the debt snow ball I just wish it could keep a tally that is updated monthly.JoyBecca
One time payment doesn’t specify the month
I would like it if you could choose which month you made extra payments. We get bonuses certain times a year and when you add the “extra payment” it calculates it in month 1 and no the actual month you’re planning on making the payment. Otherwise it works great.hlswear
Developer Response
Thank you for your review. We are working on updating the app that will allow you to track your debt-free journey on a monthly basis.Needs more work
Overall I think it is a good debt calculator but I would make a few changes. For instance when I put in one of my debts I like putting in the exact interest rate especially on student loan debts. Well the app rounds it to an even percentage which isn’t that accurate. I would like the app to use my exact percentage. Also, I would like it to pay off my debt month by month as I go and be able to put in what I actually owe that month and that might be different than what my actual monthly payment is (its student loans so they are very different) and I would also like it to ask how much extra if any that I paid for that month. I think all of these extra features would add more focus and help see when I’m expected to pay off my debts.Show lessKeri2019
Developer Response
Thank for your honest review. We are working on an update that will allow you to track your debt free journey. A lot of users have requested this feature.Worth every penny!
Simple to use, clear in it’s presentation and user friendly.DCShaner
Developer Response
Thank you so much for your support!Needs More Options
I love the app, but I would like to able to add the extra payment to a debt specifically instead of the app doing it on its own. And then it can apply it to the following debt on its own once the smaller one is paid. The 3 options for the extra payments are a bit confusing to me. It would be great to see how much you actually paid to that debt including interest in the app, like to be able to click within that specific debt and see it. Overall, great app and best $2 I ever spent on a debt calculator. I’ve been looking for something like this that also calculates my interests.Show lessLaura052894
Developer Response
We are working on an update that will enhance the app with more features. Thank you so much for trying it out.Misleading
So the entire point of the snowball method is that when you pay off the lowest balance, you add that payment to your payment on the next lowest balance, then when that one is paid off the payments from the paid off loans now go to the next highest and so on. The method is designed to use the amount you already pay every month to help you pay off your debt quickly. The ONLY thing this app does it tell you how long it’s going to take to pay off debt making the minimum payment. It’s literally just a list of payments... all equal and no snowball at all. I don’t need to know how long it’s going to take to do what I’m ally doing I wanted to create a plan to get rid of it faster and have somewhere to track it.Show lesslerob218
Developer Response
Hey there, We are sorry you feel this way. If you look scroll down on the summary page and view all of your payments. You will be able to see the snowball method being applied. From there, to adjust your monthly contributions you can add extra payments on a monthly, annually or one-time payment. Thank you for trying it. Update: Were you able to find the snowball method being applied?No snowball options
Using ipad pro.. this app needs work. At first the app wouldn't open, I had to delete it and do a reset on my ipad, reinstall it, then finally got it to work.
The left side doesn't scroll, so you cant see the information. There are much better app out there. In my opinion.mjchap
Developer Response
Okay, We will take a look at the issue and fix it for iPad pro users. We apologize for the inconvenience.
