Leave a Review Debt Payoff Plan Calculator
Love it!
I have been searching for an app like this it is perfect!
I love how the app shows you when you'll pay off the credit card and how much interest youd pay if you only paid the minimum every month. It gets you motivated to want to pay more. For instance i have a credit card where i owe $2,470 a interest of 25% and minimum monthly payments of $80/m. If stay only paying the minimum monthly amount I would pay it off in Sept 2027 and id pay $1,529 extra in interest so in total it would be $3,999. Thats crazy!! So if i pay $500 extra a month id pay this card of in Dec of 2023 and I only pay $145 in interest than so i finish it off with paying $2,615 in total.
It will also show how much in interest youll pay for each month which is so awesome☺️
If your like me and want to start to understand where your going with this debt and what you need to do to pay of your debt sooner. I highly suggest downloading the app.Show lessConch863
What happened?
I’ve had this app for a while. It is basic, but gives you some good info. However, after not using for a while I opened it today to find there have been some bad updates. Namely the color choices for the background. It blends with the text and you can’t read it. It does not look like the examples shown here on the App Store. It’s not a white background with black text. It is a black background with black text. So after many years of utilizing it, I deleted it.Show lessDibble13
Meh
Nice little app, some annoying bits though…
1) Doesn’t work for APR’s above 99.99%. Impossible to factor in short term loans for this reason
2) Doesn’t natively adapt to Dark Mode, have to turn it off in order to see what data has been inputted in the boxes (debt name, amount, APR, etc…)gamerdude96